Ausenco Wins $130m EPC Copper Contract

26 January 2010 (Last Updated January 26th, 2010 18:30)

Ausenco has won an engineering, procurement and construction contract worth $130m to help complete Anvil Mining’s Kinsevere Stage II copper project in the Democratic Republic of Congo (DRC). In late 2008, the Kinsevere project was suspended after a major portion of engineering work was

Ausenco has won an engineering, procurement and construction contract worth $130m to help complete Anvil Mining’s Kinsevere Stage II copper project in the Democratic Republic of Congo (DRC).

In late 2008, the Kinsevere project was suspended after a major portion of engineering work was finished and key procurement contracts had been let.

In July 2009, Ausenco resumed offering engineering services at the Kinsevere project.

Ausenco CEO Zimi Meka said the company is collaborating with Anvil to finalise the engineering and procurement work for the project and the scope and terms of the contract.

"Finalising the successful conversion of our engagement to EPC from the previous engineering and design services contract has taken slightly longer than we had envisaged," Meka said.

"Nevertheless it recognises the successful efforts of both teams and represents an important opportunity and an indication of increasing confidence in the base metals sector."

The Kinsevere SXEW copper project, which is 30km north of Lubumbashi in DRC’s Katanga Province, produces 60,000t per annum.