CONSULTING Fri 18/05/2012

Snowden eyes new growth phase

Staff reporter, 25 January 2012

PROUD parents Phil and Viv Snowden are watching the consulting business they started in Perth, Snowden Mining Industry Consultants – now owned by ASX-listed Downer – turn 25 this year.

In a note in the latest Snowden newsletter the company says the “husband and wife team started a small business … to provide geological consulting services to the local mining industry”.

“Today that business has grown into a premium consulting group with a global footprint and a reputation for delivering high quality services across the mining life cycle, with the same personal touch and values on which Phil and Viv Snowden founded the business,” the newsletter article said.

Snowden CEO Craig Morley told HighGrade the firm’s consulting staff numbers grew by 35 to 170 in 2011 (with total staffing hitting 191 by year’s end) while revenue was up 21% in FY11.

“Most of the growth over [FY11] has been from the emerging mining regions. These include South America, central and West Africa, and the CIS region,” he said.

Morley listed Snowden’s key milestones and achievements during calendar 2011 as its participation in Polymetal’s listing on the London Stock Exchange after raising £518 million, several multi-million dollar feasibility studies across several commodities in Asia and Russia, and, on the technology front, an engagement to implement the company’s Reconcilor product across all sites of a major South American mining company.

“We are very optimistic about 2012,” Morley said.

“We have successfully implemented a number of changes to streamline our business, grew the team and bedded down a number of new ventures during 2011.

“We see 2012 as a growth year for Snowden.

“We’re looking at opening new offices in the emerging regions to support a growing demand from our clients in those regions. China, Russia and Latin America will be our first priority.”

While recruitment remains a challenge for consulting firms, Morley said Snowden’s expansion strategy “projects a growth of 20 consultants during the first quarter [of 2012]”.

“Experienced technical resources remain in short supply, particularly in the areas of mining and geotechnical engineering,” he said. “We have found that our culture and work environment have been a significant influence in attracting some very good candidates during the last couple of months.”

 

HighGrade

Also in the January 25 - 31, 2012 edition

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BREAKING NEWS
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Anvil action dismissed
Astro hires ex-Iluka geo
Banro awards contract
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Bathurst signs port lease
Beacon Hill expands Moatize reserve
Beadell lift
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BHBP approves extra port funding
BHPB titanium exit
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Birimian aims at three targets
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Bullabulling add-on
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China ports closed
Citigold's solid quarter
Condoto buys into Colombia
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Copper smelter shut
Cortona breakthrough
Cosmo pivotal
De Grey raises funds
DiamondCorp amends Lace plans
Discovery drops AIM
Doornkop stop
Dorado Discovery launch
Evander deal set
Excelsior boosts options
Ezulwini falls short
Fekola looking good
Ferrochrome hike
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