DRA expands its footprint in Asia-Pacific via acquisition of Minnovo

Global engineering, project delivery and asset management group, DRA, has completed an Australian acquisition to advance its growth objectives in the Asia-Pacific region. Engineering, project delivery and contract operations specialist, DRA, has achieved another major milestone in its international growth strategy with the execution of an agreement to acquire Minnovo, a Perth based engineering company. Minnovo will expand DRA’s growing Australian footprint and add further depth to DRA’s metallurgical, engineering, procurement, project management, construction and commissioning capabilities in Australia, as well as enhancing on-the-ground resources to clients in the APAC region. Wray Carvelas, Chief Executive Officer of DRA said, “The acquisition of Minnovo will add key resources and experience to DRA’s Australian capabilities and will enhance the Group’s overall strength in the design and construction of processing facilities across a wide range of minerals including ferrous metals, precious metals, base metals and industrial minerals, along with the associated infrastructure requirements.” Greg McRostie, Managing Director of Minnovo added that “We are excited about combining the Minnovo and DRA capabilities in APAC and we are delighted to be joining the DRA team of 3,300 dedicated people across the globe.” The acquisition is expected to be concluded in the first quarter of 2018.

Comments

Post a Comment

Popular posts from this blog

Epiroc and Elf Drilling – keeping the finger on the mining pulse

Image
Epiroc has once again rocked the local mining space with a landmark sale of the first BenchREMOTE in South Africa to key customer, Elf Drilling. The innovative BenchREMOTE is an advanced monitoring system, which can be linked to up to three SmartROCs and is ideal for removing the operator from the danger area, taking him away from the noise and dust and drilling in hazardous areas near the high wall, thereby contributing to elevated safety levels. Elf Drilling, since its inception three decades ago, has been a frontrunner in drilling, sampling and service for the Northern Cape mining industry. Operating as a complementary team, Faghmi Cader, Eduard and Lizelle Mostert are leading Elf Drilling into the new age of automation drilling. Consisting of a regional office in Kathu, a head office in Kimberly and a workshop in Kuruman and supported by a team of 145 employees, the company boasts extensive experience across South Africa, as well as in Namibia and Angola. Elf Drilling is also a m
Read more

Epiroc anchors down on safety and productivity with new Cabletec SL

Image
Epiroc understands that safety and productivity are fundamental to a mine’s sustainable future and this was the inspiration behind the design and development of the latest ground-breaking fully mechanised Cabletec SL. Mines are increasingly recognising the invaluable role of automation and digitalisation in driving down input costs and driving up output, efficiencies and productivity while at the same time enhancing the safety of mine workers. Featuring advanced automation technology, this fully mechanised and versatile cable bolting machine eliminates the need for perilous and time consuming hand-held drilling and manual installation of mechanical anchors by performing these processes remotely. The Cabletec SL also reduces the number of operators required to install mechanical anchors to a maximum of two people who are able to operate the machine safely from a canopy or via blue tooth remote control technology. Remote functions include changing the drill steel and inserting the
Read more

Reconditioning of components with Thermal Spray Coatings

Image
The application of Thermal Spray coatings by South Africa’s leading surface coating specialists, Thermaspray, can lead to an enhancement in performance and an extension of service life of expensive engineering parts and industrial components, leading to substantial reductions in downtime and production costs. Engineering components and parts in production processes are subject to degradation through wear, corrosion, oxidation and cavitation. Thermaspray, Managing Director, Dr. Jan Lourens, points out that as all these degradation processes are active on the surface of components, a suitably selected and correctly applied surface coating like Thermal Spray can effectively re-condition production equipment to ‘as new’. “In fact”, adds Dr. Lourens, “very often, through degradation analyses and the selection of a superior coating, a thermal spray coating makes it possible to provide virtually as good as new a component. Most importantly for the end user, this means substantial cost sav
Read more