Fluor named by Quadra FNX to Perform Sierra Gorda Mining Work in Chile

Fluor has won a contract to perform work at the Sierra Gorda project in Chile. (Picture: Quadra FNX)

Fluor Corporation (NYSE: FLR) has won a contract from Minera Quadra Chile, a subsidiary of Quadra FNXMining (TSX: QUX), to perform work at the company's Sierra Gorda project in Chile. Fluor booked approximately USD 1 billion for the Sierra Gorda project in the company's second quarter 2011.

Irving (TX), USA – Sierra Gorda is an open pit, green field conventional copper/molybdenum project located in Chile's Atacama Desert. Fluor's scope of work on the project will include providing engineering, procurement and construction management (EPCM) services for the mine's processing plant. When complete, the mine will be capable of processing approximately 110,000 tonnes per day of ore, expanding to 190,000 tonnes per day during year four of operations. Quadra FNX is targeting first production from Sierra Gorda in 2014.

Quadra FNX Mining produces copper and platinum group metals from its operating mines Robinson in Nevada, Carlota in Arizona, Franke in northern Chile, and McCreedy West, Levack, which includes Morrison, and Podolsky in Sudbury, Ontario, Canada. The Company possesses several advanced development projects, including the Sierra Gorda copper-molybdenum project in Chile, the Malmbjerg molybdenum development project in Greenland and the Victoria project, an advanced exploration project in Sudbury.