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Gold/Mining/Energy : SNC

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To: Gilbert Drapeau who wrote (146)12/7/2000 11:52:08 AM
From: Gilbert Drapeau  Read Replies (1) of 161
 
Increase Scope of Work for Nishi-Khon/SNC-Lavalin on
Diavik Diamond Project

VANCOUVER, BRITISH-COLUMBIA--DECEMBER 7, 2000 - 11:37 EST
The Nishi-Khon/SNC-Lavalin joint
venture has been awarded a contract estimated at approximately $20
million to provide construction management, logistics management
and project control services for the $1.3-billion Diavik Diamond
Project, located 300 km northeast of Yellowknife in the Northwest
Territories.

Construction management will be undertaken by an integrated
organization comprising Nishi-Khon/SNC-Lavalin and Diavik Diamond
Mines Inc., the project operator. Logistics management includes
the organization of all equipment and materials for delivery to
the site by the winter road during the months of February and
March. Project control will be conducted through the
implementation of PM+W, SNC-Lavalin's proprietary Project
Management System, which will provide cost, schedule and material
control for the project.

These services are in addition to the engineering, procurement and
project scheduling contract Nishi-Khon/SNC-Lavalin announced last
March. When fully operational, Diavik will be the second largest
diamond mine in North America, producing over six million carats
per year or about five per cent of total world production. The
joint venture between SNC-Lavalin and Nishi-Khon Engineering Inc.,
a company of the Dogrib Nation, provides the full range of
engineering and environmental services to the Dogrib Nation Group
of Companies and to various private sector and government clients
throughout the Northwest Territories.

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).
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