SNC-Lavalin Awarded Contract in Pascua-Lama Gold Project
MARCH 27, 2000
TORONTO, ONTARIO--SNC-Lavalin has been awarded the basic
engineering services contract by Barrick Gold Corporation for
their Pascua-Lama gold project bordering Chile and Argentina. The
US$950 million project is expected to process 33,000 tonnes of ore
per day and produce approximately 800,000 ounces of gold and more
than 35 million ounces of silver annually. The capital cost for
the SNC-Lavalin scope is approximately US$250 million.
SNC-Lavalin will carry out the basic engineering and procurement
of the wet process plant facilities from neutralization through to
the refinery, fresh and potable water systems and tailings and
reclaim pumping and piping services. The scope of work includes
site development and buried services for the complete process
plant. The development and basic engineering phase of the project
started in February 2000 and will be completed by November 2000.
Leading up to this, SNC-Lavalin carried out all the feasibility
studies and assisted Barrick with the test work. Detail design is
expected to follow by year end, with the plant operational by late
2002.
SNC-Lavalin Group is one of the leading engineering and
construction firms in the world, and a key player in the ownership
and management of infrastructure. The group and its companies
have offices across Canada and in 30 other countries, and are
currently working in some 100 countries. The company is listed on
the Toronto Stock Exchange (symbol: SNC). |
