AngloGold Ashanti awards engineering contract for Colorado gold mine

23rd April 2014 By: Henry Lazenby - Creamer Media Deputy Editor: North America

AngloGold Ashanti awards engineering contract for Colorado gold mine

Photo by: AngloGold Ashanti

TORONTO (miningweekly.com) – Global engineering and construction firm Foster Wheeler on Wednesday announced that a subsidiary of its Global Engineering and Construction Group had been awarded a contract for basic engineering for the Squaw Gulch ADR2 project, a new adsorption, desorption and recovery facility at AngloGold Ashanti’s Cripple Creek & Victor Gold Mining Company site in Teller, Colorado.

Foster Wheeler said that the contract value was not disclosed, but that it would be included in the company's first-quarter bookings. The scope of work was scheduled to be complete in the third quarter this year.

“This is an important first win with AngloGold Ashanti, a major gold producer. This is also our second win with a gold-producing client. Along with our 2013 contract win to provide [engineering, procurement and construction] and related services for a grassroots molybdenum refinery in Chile, this latest award demonstrates our strategy to build our position with major global producers and to extend the range of minerals and metals in which we are successfully winning business,” Foster Wheeler president and CEO for minerals and metals Dave Lawson said.