Amec Wins FEED Contract for Uranium Project in Spain

Amec Foster Wheeler has been awarded a Front End Engineering Design (FEED) contract by Berkeley Energia for its uranium processing plant at its Salamanca project, in western Spain. The scope of work by Amec Foster Wheeler will include engineering and procurement services to determine the capital cost of the front end crushing plant, as well as detailed engineering of the plant in preparation for the construction phase.

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Atlas Copco Wins Turkish Order

Atlas Copco has won an equipment and service order valued at $23.4 million from Turkish mining and construction company Cengiz Holding A.Ş for use in mine, tunnel and highway projects. The equipment includes a Simba ME7 C long-hole drilling rig and other machines to be used in the expansion of an existing copper mine and the opening of two new underground mines.

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Glencore Purchases Stakes in Mutanda and Katanga

Glencore has purchased the Fleurette group’s remaining 31% stake in Mutanda Mining Sarl for $922 million and a 10.25% stake in Katanga Mining Ltd. for $38 million. Fleurette and its affiliates owe outstanding loans to the Glencore group over the Mutanda shares, amounting to $556 million, of which $120 million comprises accrued interest. In addition, Glencore has acquired shareholder loans owed to the Fleurette group by Mutanda Mining Sarl of $130 million. Accordingly, the aggregate cash consideration payable by the Glencore group is $534 million.

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Seabridge to Acquire Snowstorm Project

Seabridge Gold has agreed to purchase a 100% interest in the Snowstorm project from Paulson Gold Holdings LP. The Snowstorm project consists of 31 square miles of land holdings strategically located at the projected intersection of three gold trends in northern Nevada: the Carlin Trend, the Getchell Trend and the Northern Nevada Rift Zone.

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