Tuesday, June 24, 2008

AMEC awarded Arctic mining project

International engineering and project management company, AMEC, has been awarded a US$147.69 million engineering, procurement and construction management contract by Baffinland Iron Mines Corporation for the US$4.04 billion Mary River Iron Ore project on Baffin Island, Canada.

AMEC's work, which begins immediately, entails basic and detailed engineering services, logistics planning, procurement support and construction management services for both the mine facility and export infrastructure. The contract is scheduled to run until 2014, when the Mary River mine will start production. The mine contains some of the highest-grade iron ore in the world and will produce around 18 million tonnes per year, with an initial operating life of 20 years.

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