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Aecon awarded $100 million in key mining contracts

Jun 11, 2014

Edmonton, Alberta – June 11, 2014: Aecon Group Inc. (TSX: ARE) announced today that it has been awarded approximately $100 million in key mining contracts, to be booked in the second quarter of 2014.   

Aecon has been awarded a contract by K+S Potash Canada for work on their Legacy mining project in Saskatchewan for early cavern development which involves mechanical, electrical, piping and instrumentation work.  This work is expected to be complete in the last quarter of 2014. 

Additionally, Aecon was awarded a contract by Lafarge Canada for the erection of a preheater tower, rotary kiln and cooler equipment for the Exshaw Expansion project in Alberta.  The project involves structural, mechanical and civil work. Work will begin this month, with expected completion in the first quarter of 2015.     

“We are very pleased to be awarded these significant mining projects,” said Teri McKibbon, Aecon’s President & Chief Operating Officer.  “Aecon’s diverse service offering, which includes heavy civil and mechanical expertise, is ideally suited for these projects.”

Aecon will hold its Annual General Meeting this morning at The Westin Hotel in Edmonton, Alberta. Visit to tune in to the live webcast at 9 a.m. MT. 

Aecon Group Inc. is a Canadian leader in construction and infrastructure development providing integrated turnkey services to private and public sector clients. Aecon is pleased to be consistently recognized as one of the Best Employers in Canada.