Market Overview

URS Wins Contract to Provide Construction Services for Freeport Mine in Arizona

Share:
Related URS
Top 4 NYSE Stocks In The Technical Services Industry With The Lowest PEG Ratio
D.A. Davidson & Co. Sees Better-Than-Expected Earnings For URS
Related FCX
10 Stocks Moving In Tuesday's Pre-Market Session
Several Milestones Remain Before Freeport-McMoRan Can Turn The Corner
Why Freeport-McMoRan's Upside Is Not Limited (Seeking Alpha)

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.

Posted-In: News Contracts

 

Related Articles (FCX + URS)

View Comments and Join the Discussion!