Engineering group Fluor has been selected by Eldorado Gold subsidiary Hellas Single Gold Member for an engineering, procurement and construction management (EPCM) contract at the Skouries gold-copper operation in the Halkidiki Peninsula, Greece.
Fluor’s scope of work includes infrastructure, non-process facilities, process area and tailings filtration. The contract, booked in the firm’s fourth quarter, is worth US$845 million.
Fluor’s Vancouver office will serve as the lead office for the project with support from its New Delhi and Calgary offices. Onshore construction management and detailed engineering will be led by Fluor’s office in Greece and executed by a consortium of Greece-based engineering service providers managed on the owner’s behalf.
The Skouries project is expected to produce, on average, 140,000 ounces of gold and 67 million pounds of copper annually over its initial 20-year mine life.
Fluor Mining and Metals business president Tony Morgan said the execution of the project will build on its technical expertise in large-scale gold and copper projects.
“Fluor is excited to be a part of this important project that will drive economic development in the region and provide the essential raw materials to support the transition to a more sustainable future,” he added.
Construction will begin in 2023 with a total project duration for 2.5 to 3 years. First production is expected in the second half of 2025.