CSA goes Global
August 11 - 17, 2008
AN AUSTRALIAN mining consulting firm that has tripled in size in the past three years has adopted a more cautious approach to predicting growth next year, but doesn’t necessarily see that as a bad thing.
Kinnane sets Runge on domination course
May 26 - June 1, 2008
NEW ASX-listing Runge has highlighted the growing maturity of Australia’s mining technology and services sector by weathering recent equity market volatility to get a $A125 million float away, and start its new life as a public company after 30 years in private hands, on the back of a sound business model.
Runge targets strong growth
April 28 - May 4, 2008
AN ASX-listed Runge expects to grow revenues by a third and double net profit over the next 12 months after raising $A50 million via an IPO due to close later this month. The Brisbane-based mining consulting and technology firm is looking to achieve a market capitalisation of $A124 million at its IPO price of $A1 a share.
Common ground yields early results
November 19 - 25, 2007
EARLY signs from deeper exploration of Brazil’s cratonic shield geology have been good. To Rick Yeates, parallels with the heavily laterised terrains of Africa and Australia are evident: the comparatively lightly explored potential in Brazil vast. It’s early days too for Coffey Mining’s foray into Brazil’s geological consulting sector, with portents similarly strong, according to Yeates.
Runge on new growth plane
October 29 - November 4, 2007
RUNGE has positioned itself to exceed $A50 million of revenue and $A10 million of pre-tax profit in the current financial year, fiscal flashpoints managing director Tony Kinnane has identified as catalysts for external investor interest in companies operating in the mining services sector.
Consultants report: no growth slowdown next year
October 15 - 21, 2007
PUBLICLY owned consulting firms were once seen to be potentially compromised by the need to put shareholder returns ahead of client interests. Now it seems they can deliver on both fronts. Coffey International is a good example of this – others might be about to head down the public ownership path.
Going to extremes
October 8 - 14, 2007
ONE OF the engineering experts regularly called on by the major miners to help solve “extreme mining” challenges has agreed to become part of the Coffey Mining fold, with the expanding Australian consulting group viewing the engagement as a coup.
Coffey targets new regional hub
September 24 - 30, 2007
COFFEY Mining, the mining consulting arm of Australian Securities Exchange (ASX)-listed Coffey International Ltd, expects new work in Zambia, the Democratic Republic of Congo (DRC) and several neighbouring states to become a significant adjunct to its fast-growing southern and west African consulting streams.