News: Auscenco wins Newcrest contract

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Ausenco Limited (ASX:AAX) has won a three year contract to manage a portfolio of projects at Newcrest Mining Limited’s (ASX:NCM) gold operation in Papua New Guinea.



Ausenco will provide services across a number of phases of the project which is located on the Niolam Island.



Newcrest’s gold deposit is one of the largest in the world and has produced more than nine million ounces of gold since it commenced operation in 1997.

 

In the 2012 financial year, Ausenco generated a net profit of $20.3 million