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Fluor receives full notice to proceed on contracts for Conga mine project in Peru  

By Gerald Ondrey |

Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that the company’s Mining business received a full notice to proceed for Newmont Mining’s Conga project in Peru. Additionally, a joint venture between Fluor’s Infrastructure business and Odebrecht was awarded the earthworks scope at the Conga project. Fluor is the majority partner of the earthworks joint venture. Fluor booked approximately $1.7 billion and $580 million for the respective scopes of work. Both awards occurred in the third quarter of 2011. Fluor is providing detailed engineering, procurement and construction (EPC) services for the project, which is located near the city of Cajamarca. Fluor has taken part in the previous four stages of development at the Conga project. The Conga project consists of the development of two open pit mines including waste rock handling and ore stockpiles, process facility to treat copper/gold ore to produce a concentrate product, infrastructure including tailings management, water management, mine facilities, associated roads and access ways, camps and offices. When complete, the Conga project will mine and process approximately 570 million metric tons of ore from two gold/copper porphyry deposits located approximately…
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