Jacobs Engineering Group Inc : Jacobs Selected by Midway Gold Corporation for Nevada Mining Project
08/21/2012| 07:50am US/Eastern
Reiterates Commitment to Mining & Minerals Industry
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
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.
Jacobs Engineering Group Inc.
Michelle Jones, 626-578-6968
© Business Wire 2012