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MEI Online: Commodities: Metallic Ores: Copper: Latest News: October 30th 2012

 
 

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:: Fluor Awarded Contract for Udokan Copper Project in Russia

Fluor Corporation has announced that it was awarded an initial contract by Baikal Mining Company (as part of METALLOINVEST) for the definition phase of the Udokan copper deposit development project in Russia.

Baikal Mining Company commenced work on the definition phase study with Fluor Canada Ltd and it is expected to continue through the remainder of 2012. The start of feasibility study services is anticipated for first quarter 2013 and last for approximately 12 months. The work is being executed from Fluor's Vancouver, Canada office with support from the Farnborough, United Kingdom and Moscow, Russia offices.

"This is a strategic win for Fluor in this key region," said Rick Koumouris, senior vice president and Fluor's Mining & Metals business line lead. "We are glad that our customer recognized the value of our diverse global mining experience as well as our world class safety culture that will help them accomplish this project."

During the definition phase, Fluor will develop and perform a metallurgical test work program, and will implement the trade-off studies required to prepare design criteria and scopes of work for the subsequent stages of the international feasibility study for the Udokan copper project.

The Udokan deposit, situated in the Kalarsky Area of Russia's Zabaikalye Region, is one of the largest undeveloped copper deposits in the world. Baikal Mining Company was established in 2008 specifically for the implementation of the Udokan copper deposit development project.

 

 

   

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