Now South Africa’s DRA expands Down Under in second quick-fire deal
JOHANNESBURG (miningweekly.com) – Mining project house DRA, which last week struck a deal to acquire the Forge Group North America companies, formerly known as Taggart Global, said on Monday that it had stuck a second deal, this time a partnership agreement with Australian mine planning consultancy Orelogy of Perth.
DRA, a private, employee-owned Johannesburg-based engineering and project management services company which is celebrating its thirtieth year in business, said the latest transaction would boost the support of Australian companies with African projects.
Africa-hardened DRA, which is headed by CEO Paul Thomson, is increasing its potential in Africa and internationally at a time of world focus on the continent, exemplified by this week’s Washington summit attended by 50 of Africa’s 53 heads of State.
“DRA’s critical mass and African experience gives us the opportunity to further break through into the African market and provide an enhanced service to a larger client base,” Orelogy MD Steve Craig said.
Australia-based mining companies own more than 400 projects in the African market.
“Africa is DRA’s strength but the clients who have African projects are based all over the world and we need to give them ease of access to a project house that can implement these projects in Africa,” DRA Australasia CEO Clive Hart commented.
DRA mining division MD Neale Goddard added that, while DRA delivered African projects, it did not have strong relationships with the Australian market, which the Orelogy agreement brought to the table.
While the first 30 years of the growth of the 3 000-employee DRA have been overwhelmingly organic, as it expands its North American and Australian footprints it is opting for acquisitive growth.
The company said that last week’s acquisition of Taggart’s US operations would add more than $100-million to its existing Americas business, along with world-class engineering capabilities.
DRA bought the 21-year-old Taggart with the full support of the management team, which will remain with the company.
Founded in Johannesburg in 1984 as Dowding Reynard & Associates after co-founders Brian Dowding and Tony Reynard, DRA has built mines, process plants and infrastructure on five continents while Orelogy is also a developer of project evaluation and scheduling software focusing on surface mining.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation