Cementation widens international reach and signs Memorandum of Understanding with Logimin S.A. to jointly pursue mine development opportunities in Ecuador.

May 2, 2017

Montreal – During the annual Canadian Institute of Mining, Metallurgy and Petroleum (CIM) conference on May 01, 2017, Roy Slack, P.Eng. signed a Memorandum of Understanding (MoU) on behalf of Cementation Canada Inc. with Jacques Martinod, of Ecuadorean contractor Logimin S.A.

Logimin is a mining contractor based in Ecuador. As part of the wider South American Logimin group that also provides logistics services, they are well placed with the local knowledge and expertise to bid and successfully execute as a partner with Cementation for contracting opportunities in Ecuador. Cementation has carried out assignments throughout South America, but as part of its relationship building and “best for project” philosophy, it recognizes that a combination of Cementation’s global best practices and technical strengths, coupled with a strong local partner who understands the local market is a sound approach to offer successful project execution to international projects in a competitive manner for their clients.

The MoU confirms an intent by Cementation and Logimin to pursue underground lateral development, underground shaft sinking/raising, raise boring, associated engineering and underground contract mining opportunities together. Speaking of the agreement, Mr. Slack said: “This is an exciting development for Cementation that further strengthens our commitment and ability to effectively serve the South American opportunities that we have identified. Our approach is to find partners we can establish long term relationships with and this MoU with Logimin is a key step in that for Ecuador.” This news also follows the recent incorporation of a Cementation entity to serve the Colombian mining market as well as supporting the work being carried out by Merit Consultants International there.

About Cementation

Cementation is a mine and facilities contracting and engineering company. The Cementation group of companies delivers underground mine development and infrastructure as well as surface material handling and processing facilities solutions for mining projects worldwide. Cementation Canada Inc., Cementation USA Inc., Cementation Sudamérica SpA, Cementation AG and Merit Consultants International are part of the Murray & Roberts group of companies with operations around the world. For more information on Cementation, visit www.cementation.com .

About Logimin S.A.

Logimin is an Ecuadorian company founded in 1976, its main bases are located in Guayaquil and Quito. They have participated in major projects and worked in the mining, construction, energy, oil, cement, brewing, transport and logging sectors. The Logimin offerings include: drilling and blasting; bulk earthworks and road construction; bulk, heavy, extra-heavy and oversized cargo transportation; rental of telescopic cranes, towers cranes, telescopic manipulators and other equipment.

 

Picture enclosed, caption: Jacques Martinod, Logimin S.A. Chief Executive (left) signs Memorandum of Understanding with Roy Slack, President of Cementation Canada Inc. (right) to jointly pursue mine development opportunities in Ecuador.

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For more information, please contact:

Cementation Patrick Hudd, Corporate Manager – International
North Bay t: +1 705 472.3381