Jacobs Receives Contract from Aura Minerals for Copper Mine Expansion
December 18 2012 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was
awarded a contract by Aura Minerals Inc. (TSX:ORA) to provide a
basic engineering package for the expansion of the process plant at
its Aranzazu copper-gold-silver mine located in the state of
Zacatecas, Mexico.
Officials did not disclose the contract value, however noted the
services are being provided from Jacobs’ offices in Mexico City,
Mexico and Toronto, Canada.
Under the terms of the contract, Jacobs is providing engineering
services for the installation of a new fine ore stockpile
withdrawal system, an additional primary ball mill, two tank
flotation cells and a tailings thickener. The Aranzazu expansion
project is expected to increase milling throughput rates by nearly
70 percent, to 4,000 tons per day by 2015.
Jacobs Group Vice President Andy Kremer stated, “We are
delighted to be working with Aura Minerals on this important phase
in their expansion of Aranzazu’s plant capacity. We look forward to
supporting their project goals by drawing upon our wide-ranging
experience in base and precious metal expansion projects.”
Aura Minerals is a Canadian mid-tier gold and copper production
company focused on the exploration, development and operation of
gold and base metal projects in the Americas. The Aranzazu mine
consists of both open-pit and underground mine operations and an
upgraded mill that which produces a copper-gold-silver concentrate
using conventional flotation. In addition to the Aranzazu project,
Aura Minerals’ portfolio includes the San Andres gold mine in
Honduras, the Sao Francisco and Sao Vicente gold mines in Brazil,
and the copper-gold-iron Serrote da Laje project in Brazil that
Aura Minerals anticipates production start-up by mid-2015.
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 2012 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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