09.02.2023

Climate change and La Niña driving losses – the natural disaster figures for 2022

• Natural disasters responsible for high losses across the world
• Provisional estimates for overall losses approximately US$ 270bn, less than in extremely costly 2021
• Insured losses of around US$ 120bn similar to last year – again exceeding the US$ 100bn mark
• Hurricane Ian was by far the costliest natural disaster in 2022: roughly US$ 100bn in losses, of which some US$ 60bn was insured
• Devastating floods in parts of Asia and Australia, exacerbated by La Niña and climate change  
  
  

09.02.2023

Parsons delivering the Future of infrastructure for THE LINE Giga-Project

Parsons Corporation announced that the company was appointed as a delivery partner for THE LINE, the centerpiece project for NEOM – the ‘land of the future’ being developed in northwest Saudi Arabia. Envisaged as a model for future sustainable urban living, THE LINE is being designed to have no cars, no roads, no carbon emissions, and to operate on 100% clean energy.  

09.02.2023

Parsons Continues Long-Term Remediation Of Giant Mine in Canada

Parsons continues long-term remediation of Canada’s Giant Mine (Credits: Parsons)

Parsons Corporation  announced that the company’s contract as the Main Construction Manager of the Giant Mine Remediation Project has been amended and will continue providing construction management services until the completion of the remediation at the former gold mine in Yellowknife, Northwest Territories, Canada. Term two of the contract, awarded by Public Services and Procurement Canada, on behalf of Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC), is effective as of February 2, 2023. The implementation of the Giant Mine Remediation Project is estimated to take 15 years and will cost approximately $4.38 billion CAD.

Parsons first supported remediation efforts at Giant Mine site – one of the Canadian government’s largest environmental remediation projects – in 2013, deconstructing the roaster complex, with local Indigenous involvement. Serving as an interim construction manager, from 2015 to 2017; and the construction manager since 2017, Parsons oversaw remediation milestones including construction of an on-site non-hazardous waste landfill and operation of the landfill receiving waste; continued stabilization of the underground; construction of a freeze pad, including rock blasting; and hazardous waste removal from buildings and deconstruction of buildings.

“We are proud to continue helping CIRNAC meet the environmental stewardship challenges faced by the Giant Mine Remediation Project,” said Joe Cudney, senior vice president, Energy and Environment market for Parsons. “Our team has been on-site in Yellowknife for many years and understands first-hand the challenges and constraints at hand. We are eager to further the existing work of protecting human health and safety, restoring the environment, and maximizing the socio-economic benefits within the local Indigenous communities and Yellowknife.”

With this amendment, Parsons will continue to serve as the main construction manager, providing construction management during implementation of the long-term reclamation plan.

Parsons is a global leader in critical infrastructure excellence, with a focus on environmental sustainability and more than 75 years of experience in providing solutions and services to the mining industry, including project and construction management; care and maintenance; dam safety management; mine water treatment; and reclamation, landform, and habitat restoration. The company is currently managing two of Canada’s largest mine closure and reclamation projects, including Giant Mine and the Faro Mine Remediation Project in Faro, Yukon, Canada, along with environmental remediation programs around the world.

Source: Parsons

#post-mining #Canada (CA) #remediation #gold #environmental remediation #contract award #Mining #restructuring, rehabilitation

                     

09.02.2023

Webuild consortium wins rail bypass contract in Trento, Italy

Webuild and its consortium partners have won a €934-million contract from Rete Ferroviaria Italiana (RFI) of state rail operator Gruppo FS Italiane for a rail bypass at Lot 3A of a project in Trento, Italy. Webuild, which has a 55% stake in the consortium, will lead the design and construction of approximately 13 kilometres of rail line, nearly all of it underground, as part of a quadrupling of the Fortezza-Verona section of the high-speed railway south of the Brenner Base Tunnel. The contract is to create approximately 1,000 jobs, directly and indirectly, with a significant involvement of the supply chain.  

08.02.2023

Anglo American to acquire 9.9 percent of Canada Nickel - Owner of the Crawford Nickel Project

Anglo American has agreed to acquire a 9.9% minority interest in Canada Nickel Company Inc., which owns the Crawford nickel project in Ontario, Canada.