The group reported that "its subsidiary for Africa was awarded a contract in Ivory Coast by Roxgold Sango, S.A. for US$213 million."
Portuguese building company Mota-Engil has won a contract for mining work in Ivory Coast worth about US$213 million (€195 million), the company said in a statement published by the Securities and Exchange Commission (CMVM).
The group reported that “its subsidiary for Africa was awarded a contract in Ivory Coast by Roxgold Sango, S.A. for US$213 million.”
According to the company, the “‘Seguela Gold Project’ in the Worodougou region, Woroba district, is about 240 km northwest of Yamoussoukro and approximately 480 km northwest of Abidjan and consists of the exploration of the ore deposits in Antenna, Koula, Agouti, Boulder and Ancien.”
Mota-Engil also revealed that the mining work it will carry out “under the contract includes preparatory work, drainage, excavation, drilling and blasting of rock, loading and transport of ore and aggregate.”
According to information released by the group, “the works are scheduled to start in December 2022 and will last 66 months”.
“With this award, the group strengthens its portfolio and diversifies its clients and types of projects in Africa, ensuring a more constant revenue stream in the medium and long term,” Mota-Engil said.