Fluor Receives Full Notice to Proceed from Gold Fields for Salares Norte Gold Mining Project in Chile

07/29/20

IRVING, Texas--(BUSINESS WIRE)--Jul. 29, 2020-- Fluor Corporation (NYSE: FLR) announced today that it was given full notice to proceed by Gold Fields for its Salares Norte open pit gold mine in Chile. Fluor booked its portion of the undisclosed contract value in the second quarter of 2020.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200729006031/en/

Fluor is providing engineering, procurement and construction management services for the project located in the Atacama region of northern Chile about 14,000 feet above sea level. (Photo: Business Wire)

Fluor is providing engineering, procurement and construction management services for the project located in the Atacama region of northern Chile about 14,000 feet above sea level. (Photo: Business Wire)

Fluor is providing comprehensive engineering, procurement and construction management services for the project located in the Atacama region of northern Chile situated approximately 14,000 feet above sea level. Fluor has worked with Gold Fields since 2016 when it completed the pre-feasibility study for the project.

“This award is a tribute to the close working relationship that our team has developed with Gold Fields since first starting work on the pre-feasibility study four years ago,” said Tony Morgan, president of Fluor’s Mining & Metals business. “Fluor’s innovative engineering and construction approach has demonstrated how we have been able to provide solutions to the challenges this project has presented by its remote, arid and high altitude location.”

Fluor’s scope of work includes the engineering, procurement of permanent plant material, tendering, award and post-award services for major construction and primary services contracts, as well as construction management and pre-commissioning support.

Construction is scheduled to begin later this year and be completed in early 2023. When fully operational, the mine will produce an estimated average of 400,000 ounces of gold per year over the 11 1/2 year life expectancy of the mine.

The project will be managed by Fluor’s Santiago, Chile office.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company with projects and offices on six continents. Fluor’s 47,000 employees build a better world by designing, constructing and maintaining safe, well-executed, capital-efficient projects. Fluor is ranked 181 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has served its clients for more than 100 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.

#mm

Brian Mershon
Media Relations
864.281.6484

Jason Landkamer
Investor Relations
469.398.7222

Source: Fluor Corporation

Annual Report
& Proxy
Annual Report
Download Fluor's 2018 annual report and 2019 proxy statement.

 

Transfer Agent
Computershare
P.O.Box 505000
Louisville, KY 40233-5000
Toll Free:1-877-870-2366