SNC-Lavalin awarded study contract by Sociedad Minera de Santander S.A.S. for Soto Norte Project in Colombia

MONTREAL, April 12, 2016 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a contract by Sociedad Minera de Santander S.A.S (Minesa), a subsidiary of Mubadala Development Company PJSC, to provide a Pre-Feasibility study for the Soto Norte project, a new greenfield gold mine and processing facility located in Colombia.

Services for the project will be conducted over a 15-month period and will be carried out by our Mining & Metallurgy team located in our offices in Toronto, Ontario (Canada), with support from our local presence in Colombia and other regional offices in Latin and South America. As part of the services, the team will identify the optimal project concept to form the basis of the feasibility study, identify the major risks to future development of the project, achieve sufficient detail in engineering to support completion of an environmental and social impact assessment, detail project facilities sufficiently to support the intended level of accuracy required for the Pre-Feasibility capital and operating cost estimates and the project master schedule.

"This project capitalizes on our substantial gold experience, our expertise in taking early phase studies through to project execution for our clients, as well as our considerable experience working in remote and environmentally sensitive areas," said Joaquin Cano, Senior Vice-President, Latin America, Mining & Metallurgy, SNC-Lavalin.

"We are excited to be part of Colombia's increasing focus on mining and resource extraction, and we look forward to working with Minesa, as this new project represents a continuation of our long-standing relationship in a new region," added José J. Suárez, President, Mining & Metallurgy, SNC-Lavalin. 

About SNC-Lavalin
Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's employees are proud to build what matters. Our teams provide engineering, procurement construction, completions and commissioning services together with a range of sustaining capital services to clients in our four industry sectors, oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. www.snclavalin.com

 

SOURCE SNC-Lavalin



For further information: Media: Louis-Antoine Paquin, Media Relations Manager, Communications, 514-393-8000, ext. 54772, louis-antoine.paquin@snclavalin.com; Investors: Denis Jasmin, Vice-President Corporate, Investor Relations, 514-393-8000, ext. 57553, denis.jasmin@snclavalin.com

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