AUSENCO WINS COPPER MINE CONTRACT

Written on the 20 August 2015

AUSENCO WINS COPPER MINE CONTRACT

AUSENCO Limited (ASX:AAX) has commenced the next stage of work on one of the largest copper mines in the US.

The Brisbane-based company has conducted a feasibility study at the Rosemont Project in Arizona, after securing the contract with Hudbay Minerals.

Ausenco will provide engineering, procurement and construction management on the project, to develop site infrastructure and processing facilities.

The mine is expected to account for around 10 per cent of copper production in the US.

Ausenco CEO Zimi Meka says the project win demonstrates the group's strong track record of delivering value to Hudbay Minerals and other clients.

"This award builds on the strong relationship established between Hudbay and Ausenco through the successful delivery of Hudbay's Constancia copper project in Peru," Meka says.

"The award strengthens our growing work on hand position, with our clients recognising first-hand our ability to deliver value.

"More broadly, we are currently responding to an increased number of enquiries for resource and energy projects in the Americas and Africa.

"Our strategic footprint, combined with delivering value-added, innovative solutions for clients, has favourably positioned us to increase our market share in these regions."

He says the deal will provide significant benefits to the Tucson community, as the group will utilise local suppliers and contractors.

 


Latest News

THE STAR'S STUNNING ANSWER TO CROWN'S BARANGAROO

THE Star Entertainment Group (ASX:SGR), not to be outdone by James Packer's Barangaroo development across the ...

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, w...

SUPERYACHTS OFFER UNTAPPED POTENTIAL AT COMMONWEALTH GAMES

SUPERYACHT Australia has devised a strategy to attract more superyachts to Queensland and capitalise on revenue op...

GDP FIGURES A 'WAKEUP CALL' FOR PARLIAMENT

THE GDP figures are an end-of-year wakeup call for Parliament about what lies ahead for the country, according to ...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter