GRD has today received Australian Federal Court approval of the Scheme of Arrangement for the acquisition of all shares in GRD by AMEC Australia Finance Co, a subsidiary of AMEC plc, following the Shareholder approval of November 10. GRD Minproc adds greatly to AMEC’s mining expertise, servicing the entire resources product development cycle from concept to project delivery. The range of services offered by GRD Minproc includes mining and geological estimates, feasibility studies, process design, detailed engineering, project delivery, ongoing training and operational support and maintenance. GRD Minproc focuses on the processing facilities and less on the associated infrastructure components. The company has preferred to enter into joint ventures with civil construction companies to deliver infrastructure solutions.
GRD Minproc has experience in most minerals including gold, uranium, platinum, iron ore, nickel, copper, lead, zinc, coal, cobalt and mineral sands. It has strategically focussed on commodities that require high technical expertise and is an industry leader in hydrometallurgical processing.
Over the last 30 years, GRD Minproc has successfully completed more than 400 feasibility studies and over 240 major design and construction projects in 37 countries across the globe. It has developed significant remote location expertise.
AMEC is a leading supplier of high-value consultancy, engineering and project management services to the world’s energy, power and process industries. AMEC Group provides total life of asset services including the design, delivery and maintenance of complex assets in mining. It is headquartered in London, with operations in over 30 countries across Europe, the Americas, Africa, Asia, and Australia. AMEC Group employs over 21,000 people and services customers which range from blue chip companies to national and local governments.
In the 2008 financial year AMEC plc’s group revenue from continuing operations was £2,606 million, an increase of 11% from the previous year. The Natural Resources business carries out activities in oil and gas services, oil sands and mining, with global experience in delivering large and complex projects.
AMEC Group is the market leader in project management, engineering services and the provision of infrastructure to the upstream surface mining oil sands sector. Having helped to build the world’s first oil sands plant in 1967, its operations have matured along with the industry, with participation in most recent oil sands developments. During 2008, the acquisition of BDR strengthened AMEC Group’s position in the market for specialist technical engineering services in the emerging upstream in-situ sector. Its recent contract wins include the selection by Imperial Oil as EPCM contractor for phase 1 facilities of the Kearl Oil Sands project in northern Alberta, Canada.
AMEC Group provides mining consultancy, design and project and construction management services to global mining customers producing commodities including potash, gold, diamonds, base metals, iron ore and uranium. The business has a strong track record in the execution of large and complex projects and is a recognised leader in northern and Arctic environments where projects have significant logistical challenges associated with their remote location.
Recent contracts include a four year engineering and project management services contract with PotashCorp Canada on the Rocanville Potash mine.