Jacobs Selected by Midway Gold Corporation for Nevada Mining Project
August 21 2012 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has been selected by Midway Gold Corp. (Midway) (NYSE:MKT:MDW) for
front-end engineering of infrastructure related to the Pan Mine
Project in White Pine County, Nevada.
Officials did not disclose the contract value.
Jacobs’ scope of work involves delivering front-end engineering
services for the mine infrastructure including buildings, roads,
electrical and water supply at Midway’s first producing gold mine.
The Pan Project is an oxidized, Carlin-style gold deposit mineable
by shallow open pit methods and treatable by heap leaching.
In making the announcement, Jacobs Group Vice President Andy
Kremer stated, “We are delighted that Midway has selected Jacobs
for this significant project. One of our key strengths is our
ability to leverage our infrastructure capabilities to serve our
clients in the mining and minerals industry.”
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management’s current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking
statements. For a description of some of the factors which may
occur that could cause actual results to differ from our
forward-looking statements please refer to our 2011 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We do not undertake to update any forward-looking
statements made herein.
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