North American Construction Group.(TSX:NOA.TO/NYSE:NOA)

Discussion in 'Canadian Stocks Message Boards' started by Small time investor, Oct 22, 2020.

  1. Small time investor

    Joined:
    Aug 10, 2020
    Messages:
    160
    Likes Received:
    17
    They apparently just got a big mining contract.

    https://nacg.ca/2020/10/22/north-am...ces-award-of-gold-mine-construction-contract/

    Acheson, Alberta, October 22, 2020 - North American Construction Group Ltd. (“NACG” or “the


    Company”) (TSX:NOA.TO/NYSE:NOA) today announced the award of a major earthworks

    construction contract at a gold mining project in Northern Ontario.

    The contract was awarded to a newly formed joint venture owned and operated equally by NACG

    and Nuna Group of Companies (“Nuna”). The award of this two-year project, valued at over $250

    million, reflects the expertise and client trust Nuna has gained over its 27-year history. The scope

    will occur during the construction phase of the gold mine project and is expected to commence this

    quarter, ramp up through Q1 2021, achieve peak volumes in Q3 2021 and be completed in the fall

    of 2022.
     
    emmett kelly likes this.

Share This Page