Newmont Mining (NYSE:NEM) Pays Flour (NYSE:FLR) $170 Million

Newmont Mining (NYSE:NEM) awarded Fluor Corp. (NYSE:FLR) with a $170 million contract for work to be done on a mining project in Peru.

Newmont is working on gett ing Minas Conga site operational, and has enlisted the services of Flour for engineering, construction management and procurement.

Flour will work specifically on the copper concentrator and associated mining facilities at Minas Conga.

Newmont has finished the Stage 3 portion of the project, and hired Flour for the Stage 4 requirements.