Parsons Continues Giant Mine Project With Contract Amendment
04/15/2021 - 04:35 PM
CENTREVILLE, Va. , April 15, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that the company's contract has been amended by 94 million CAD ($75 million USDNorthwest Territories, Canada . As part of the amendment, Public Services and Procurement Canada, on behalf of Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC), has extended Parsons' contract to continue as the Main Construction Manager for remediation efforts of the former gold mine.
"We are proud to continue leveraging our decades of mine closure and reclamation experience in support of CIRNAC's efforts to improve the safety, health and prosperity of the community around Giant Mine," said Jon Moretta , executive vice president, industrial, for Parsons.
Parsons has supported CIRNAC in containing and managing 237 thousand tonnes of arsenic trioxide waste stored underground to protect human and environmental health and safety at Giant Mine since 2017 -- in addition to safely deconstructing the roaster complex from 2013 to 2016. The amended contract will advance elements of the project scope – one of the Canadian government's largest environmental remediation projects – to include freeze pad construction for the highly innovative thermosyphon-based process that will freeze the arsenic trioxide waste in place at the mine, as well as construction of a non-hazardous waste landfill, townsite deconstruction, and underground backfill.
To learn more about Parsons' critical infrastructure expertise, visit Parsons.com/markets/critical-infrastructure/ .
Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com , and follow us on LinkedIn and Facebook to learn how we're making an impact.
Media Contact: Bernadette Miller Bernadette.Miller@Parsons.com
Investor Relations Contact:Dave Spille Dave.Spille@parsons.com
http://www.prnewswire.com/news-releases/parsons-continues-giant-mine-project-with-contract-amendment-301270223.html
SOURCE Parsons Corporation
PSN Rankings
#966 Ranked by Stock Gains
PSN Stock Data
Industry
Computer Systems Design Services
Sector
Professional, Scientific, and Technical Services
Tags
Engineering & Construction, Information Technology Services, Technology Services, Professional, Scientific, and Technical Services, Computer Systems Design Services
Country
US
City
Centreville
About PSN
founded in 1944, parsons is an engineering, construction, technical, and management services firm. our revenues in 2014 were $3.1 billion. we are 100% owned by our employee stock ownership trust. we conquer the toughest logistical challenges and deliver design/design-build, program/construction management, professional services, and innovative alternative delivery solutions to private industrial customers worldwide as well as to federal, regional, and local government agencies. parsons is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. currently, more than 15,000 parsons employees are engaged in nearly 5,000 projects in 29 countries. collectively, our dedicated workers speak more than 80 languages and hold more than 11,800 college degrees and professional registrations. parsons' employees continue to go anywhere in the world, meet every technical and management challenge, and persevere until the job is done. social media house ru
