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Deloitte announces mining acquisition

Nov 30
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Deloitte announces mining acquisition

Deloitte has announced the acquisition of mining services consultancy Venmyn to provide increased support to those within the sector.

The company's South African business has announced the partnership with the mining firm to help create a minerals advisory service which has been renamed as Deloitte Venmyn.

Officials noted that the deal with the company to acquire 100 per cent of the mining services consultancy for an undisclosed amount, which will build on the work that has already been undertaken during its tenure.

The acquisition will help to create a strong minerals industry service and establishes one of the biggest organisations of its ilk on a global basis.

Andy Clay, managing director of Venmyn, will head up the new business, spoke of the venture and said: "This is a new chapter for Venmyn that will allow us to serve a wider market and enhance our value proposition to clients through the power of the Deloitte network."

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