Salva Resources, a global provider of key technical and commercial services for mining exploration, has been acquired by HDR Engineering.
The takeover includes Salva’s exploration and mining consultancy, and its commodity analysis group which employ more than 200 people in Australia, India, Indonesia, Mongolia and the United Kingdom. Salva will now trade as HDR|Salva.
HDR president Eric Keen says the merger will offer significant benefits to the company. “Salva professionals are greatly respected throughout the mining industry, and we couldn’t be more pleased they decided to join HDR. Their talents mesh perfectly with our goals of strengthening our mining/resources practice and global presence. Just as importantly, their values and commitment to their clients mirror HDR’s client-driven philosophy.”
Salva’s managing director Lachlan Broadfoot says, “We are very excited that this acquisition solidifies our international growth strategy. Collaborating with HDR enables Salva to offer our clients additional services, including turnkey pit-to-port solutions. Moreover, this acquisition recognizes Australia being at the forefront of providing world-class mining capabilities.”
Lachlan Broadfoot joins HDR as the engineering operating company’s mining sector director. Lindsay Crutch joins HDR as HDR|Salva operations director. Both of them will work closely with David Bell, HDR’s managing director in Australia. HDR’s other Australian operations include HDR|DKS, which joined HDR in July 2012.
US-based HDR is a global employee-owned firm providing architecture, engineering, consulting, construction and related services across various operating companies. Its 8000 professionals are committed to helping clients manage complex projects and make sound decisions.
Salva’s international team provides leading technical and commercial advice to the world’s major exploration, mining and investment firms. Its consultancy team performs resource modelling, mine planning, due diligence studies, safety, environmental management and commodity market services.
The company also specializes in the exploration (pre-construction) phase of resource development, providing a ‘turn-key’ solution to all exploration activities.
The Salva Report group provides commodity focused publications, consulting and analysis for leading mining and investment organisations around the globe. The team is comprised of 20 consultants and analysts with dedicated experience in the iron ore, coal, metals, power, steel and infrastructure sectors. Salva Report covers all aspects of these sectors, including industry analysis, demand and supply forecasting, policy and regulatory assessment, supply chain analysis and price forecasting.