PRZOOM - /newswire/ -
Birmingham, West Midlands, United Kingdom, 2011/03/18 - SLR, a leading international environmental firm based in the UK, has acquired Metago, a South African firm providing environmental consultancy services to the mining industry throughout sub-Saharan Africa and Australia.
The deal is SLR’s third international acquisition in 13 months and follows the purchase of Australian environmental consultancy Heggies (Pty) Limited and Alaskan firm Hoefler Consulting Group last year.
Metago, founded in 1994, is an employee owned company and has 63 staff based in four offices in Johannesburg, Pretoria, Swakopmund in Namibia and Perth, Australia. It consults on all phases of mining life, with a particular specialism in environmental impact assessment, mine waste and water management assessment and design, and works across virtually all commodities; it is particularly active in gold, platinum, coal, chrome, iron ore and uranium. Clients include Xstrata, Rio Tinto, Lonmin and Goldfields.
Strengthening demand in recent years for Metago’s services has come from major mining firms seeking to develop operations in more environmentally challenging and remote locations and from financial institutions seeking to uphold the Equator Principles when investing in the developing world.
David Richards, Chief Executive of SLR, said: “This acquisition is in line with SLR’s continued strategy to expand its international environmental consultancy footprint.
“With Metago joining SLR, we become a leading consultancy in the international mining sector. Metago’s complementary technical expertise and strong reputation also provides a great platform for us to extend our offering in sub-Saharan Africa as well as considerably strengthening our Western Australian operations.
“In conjunction with SLR’s existing strengths in resources and waste management, this acquisition will provide accelerated growth in the African and Australian markets.”
Metago is currently working on the Rossing and Langer Heinrich uranium mines located in Namibia, which account for 12% of the world’s uranium production. Demand for uranium is expected to increase over the next decade as a new generation of nuclear power stations come into development in Europe, North America and China.
For more information visit slrconsulting.com/.