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Non-Tech : SNC-LAVALIN GROUP INC.

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To: Copperfield who started this subject12/23/2003 8:01:25 PM
From: Copperfield   of 15
 
SNC-Lavalin in US$8.3M deal to develop Saudi gold mine


The Canadian Press

December 23, 2003





MONTREAL - Construction and engineering company SNC-Lavalin Group Inc. has signed an US$8.3-million deal to help develop a gold mine in Saudi Arabia. The Montreal-based construction company said yesterday it will provide engineering, procurement and construction management services for the development of the Saudi Arabian Mining Co. project, located near the town of Al-Quway'iyah to the south west of Riyadh. Construction of the mine concentrator, which will produce silver, zinc and copper in addition to gold, is expected to be completed by the end of 2005. Commercial start-up is expected in early 2006. SNC-Lavalin is one of the leading construction companies in the world, with offices across Canada and in 30 other countries.
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