METS

ERM buys mining consulting firm

Australia-based CSA Global now part of global consulting group

Staff reporter

This article is 5 years old. Images might not display.

ERM didn't disclose an acquisition price for CSA, which is headquartered in Western Australia.

CSA is the world's second ranked consulting firm for resource reports, and fifth ranked for reserve reports, produced over the past five years for public-listed mining and exploration companies, according to RSC Mining and Mineral Exploration Services/Opaxe data.

As well as geological services, CSA provides a range of expert technical and management consulting services, and independent corporate advice to mining and exploration companies, and financial and legal groups. It has more than 100 consultants in offices in Australia, Asia, South Africa, Europe, Russia, the Middle East and North America.

ERM generated gross revenues in its FY18 of more than US$900 million (down from a peak this decade of $945 million) and has circa 5,000 employees in more than 160 offices worldwide.

The company has completed a string of acquisitions in North America, Europe and Australia since 2010, and has an existing presence in the mining market through its environmental, health, safety, risk and social impact advisory businesses.

Toronto-based OMERS Private Equity bought previous PE owner Charterhouse Capital Partners out of ERM in mid-2015.

"At a time when our clients in the mining sector face major challenges on numerous fronts from investors, customers and broader public sentiment, the acquisition of CSA Global further strengthens ERM's capability to help our mining clients address their most complex challenges whether that be their business strategy, highly technical exploration or operational issues,"ERM CEO Keryn James said in a statement.

Long-time CSA managing director Jeff Elliott said the combination would "enhance what we are each doing in the mining sector".

"It is a very good strategic fit, both culturally and operationally; our mining services are complementary across geographies, clientele and capabilities," he said.

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.