AMEC Wins Engineering Job At Ban Houayxai Project In Laos
- LONDON -(Dow Jones)- AMEC PLC (AMEC.LN), an engineering and project management company, said Thursday it has been awarded the detailed engineering and procurement services contract for PanAust Ltd's Ban Houayxai gold and silver project in Laos. MAIN FACTS: -The contract value has not been announced. -The services for the 4 million tonnes-per-year project will be delivered by AMEC Minproc, a leading mineral resources engineering and project delivery business, recently acquired by AMEC. -The award follows the successful completion of the definitive feasibility study by AMEC Minproc's Brisbane office in February 2010, and the recent PanAust board approval for full development of the Ban Houayxai mineral resource. -The Ban Houayxai project is targeting commissioning completion by December 2011, with steady state gold production expected in March of 2012. -At 0947 GMT shares up 5.5 pence, or 0.7%, at 848 pence. -By Elliott Ball, Dow Jones Newswires; 44-20-7842-9314; elliott.ball@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=zpNI4LuJqEb5kLO3IESqLA%3D%3D. You can use this link on the day this article is published and the following day.
