Fluor to Proceed on Contracts for Conga Mine Project in Peru

Fluor's mining business received a full notice to proceed for Newmont Mining's Conga project in Peru.

Fluor Corporation announced 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.

Irving (TX), USA – Fluor is the majority partner of the earthworks joint venture. Fluor booked approximately USD 1.7 billion and USD 580 million for the respective scopes of work.

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 approx. 570 million tonnes of ore from two gold/copper porphyry deposits located approx. 75 kilometres northeast of Cajamarca. The project site has as an average altitude of 4080 metres above sea level in Peru's Andes Mountains.