URS Wins Contract to Provide Construction Services for Freeport Mine in Arizona
URS Corporation (NYSE: URS) today announced that the Company has been awarded a contract by Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) to provide construction services for a mine tailings facility at the Morenci mine in southeast Arizona. The contract has a maximum value of approximately $104 million to URS.
Under the terms of the new contract, URS is responsible for the construction of a new tailings facility, including a pumping station, tailings dam and seepage collection system. The project is scheduled to be completed in September 2015.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.