CONTRACT AWARD: SNC-Lavalin to lead team at Cobre Panama

PANAMA – A joint venture led by SNC-Lavalin (70%) of Montreal, and including GyM SA (15%) and Techint International Construction (15%) will be providing detailed engineering, procurement and construction management for Inmet Mining’s US$6.2 billion Cobre Panama project.

The EPCM contract covers infrastructure related to an open pit mine, supporting infrastructure related to concentrator and processing facilities, transmission lines, roads, bridges, camps and port facilities worth US$3.2 billion. The joint venture’s contract is worth approximately US$355 million in fees.

Detailed engineering and procurement will commence immediately and infrastructure construction activities are already in progress at the site. The project is scheduled to be operational in 2016, and the mine is expected to have a life of approximately 30 years.

Please see InmetMining.com for more information about Cobre Panama or SNCLavalin.com for more information about one of the world’s top engineering firms.