Ausenco expands Brazilian operation

Company News

Ausenco Limited (ASX:AAX) has secured another contract with Beadell Resources Limited (ASX:BDR).

The company announced the contract to the ASX this morning, which will see Beadell manage the $75 million processing plant delivery at the Tucano gold project in Brazil.

Ausenco’s CEO, Zimi Meka, said Brazil is a key market for the engineering and project management company.

He said the project will further build on the company’s phase momentum and extensive engineering and project management network in South America.

In the 2010 calendar year, Ausenco booked a net loss of $10.7 million. 


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