FLSmidth awarded first phase of EPC contract for gold mine
(Thomson Reuters ONE) -
PRESS RELEASE, COPENHAGEN, DENMARK
Belo Sun Mining Corp. has awarded FLSmidth the first phase of an EPC contract
for the Volta Grande gold mine processing plant in Brazil's Amazon region
Belo Sun Mining Corp. ("Belo Sun") has awarded FLSmidth the first phase of an
Engineering, Procurement and Construction (EPC) contract for the Volta Grande
gold project located on the Xingu River, some 50km southwest of Altamira in Pará
State, Brazil. The contract includes the completion of basic engineering,
selection of construction contractors and the execution planning of the process
facility construction.
Belo Sun is a Canada-based mineral exploration and development company with a
portfolio of properties focused on gold in Brazil. Belo Sun's prime focus is on
advancing and expanding the Volta Grande project. Peter Tagliamonte, President
and CEO of Belo Sun, commented: "We are very pleased to partner with a leading
international mining technology and equipment supply company with a successful
and proven track-record in Brazil. We believe that their extensive experience in
the country, particularly in Para State, will complement our own project
development and mining teams as we prepare to begin construction at Volta
Grande."
Group Executive Vice President of the FLSmidth Minerals Division, Manfred
Schaffer added: "FLSmidth is an industry leader in designing, equipping and
constructing full flowsheets. With our unique process-knowledge and industry
leadership in gold recovery, we challenge conventions and bring better solutions
to light."
Subsequently as a part of a full contract, FLSmidth is expected to support the
development of the Volta Grande Gold Project with technology, design;
metallurgical test work validation; sourcing and delivery of proprietary process
equipment including the crusher, mill, screens, thickeners, conveyors, pumps &
cyclones, leach tanks, CIP carbon regeneration, elution circuit and the gold
room; construction; training; commissioning and ramp-up support. Belo Sun's
estimated value of all phases of the contract is approximately US$100 million.
Belo Sun Mining Corp. estimates the Volta Grande gold project contains more than
4.8 million ounces of measured and indicated gold, and the mine would produce an
average of 167,000 ounces over 21 years. It is expected to become Brazil's
largest gold mine.
###
Global Global
Jette Westerdahl Manfred Schaffer
Marketing Communications Manager Group Executive Vice President,
Mobile: +45 3093 1855 Minerals Division
jewe(at)flsmidth.com Phone: +45 3618 1800
FLSmidth is the market-leading supplier of productivity to the global mining and
cement industries. Headquartered in Copenhagen, Denmark, and with offices in
more than 50 countries, FLSmidth delivers engineering, equipment and service
solutions to customers worldwide. Productivity, sustainability, and quality are
focus areas for FLSmidth and its 12,000 employees. The company generated revenue
of DKK 18 billion in 2016. Read more on www.flsmidth.com
Read in PDF:
http://hugin.info/2106/R/2080523/783452.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FLSmidth via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 21.02.2017 - 14:37 Uhr
Sprache: Deutsch
News-ID 525475
Anzahl Zeichen: 3930
contact information:
Town:
Valby
Kategorie:
Business News
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