Coffey Mining launches in Canada

According to Dan O’Toole, CEO, Coffey Mining, the company is capitalizing on opportunities in Canada’s world leading mining and resources sector by opening an office in Toronto.

Mr O’Toole said this expansion would ensure Coffey Mining is well positioned to take advantage of new opportunities in the Canadian resources sector when commodity prices improve.

“Canada is one of the world’s leading mining capital markets and mineral exporters,” he said. “Being a global consultancy with operational experience in over 70 countries, Coffey Mining recognises the enormous opportunities in this region. We are looking to establish ourselves in Canada in readiness for the inevitable upturn.”

He said many businesses were struggling to find working capital in this difficult economic environment, giving Coffey Mining a strong competitive advantage.

“Because of our links to the broader Coffey group – which has just posted a record half-yearly profit – we are in a strong position” he said. “When this downturn ends, the Coffey group will have diverse exposure to the Canadian market that will see us able to move forward at a much greater pace than would otherwise be the case.”

Based in Toronto, the Coffey Mining Canadian office will provide specialist consulting services to the North American mining industry on projects ranging from target generation through feasibility studies to mine closure. Canadian and US clients will also benefit from the support of Coffey’s network of offices throughout Australasia, Africa and South America.

“Coffey Mining can offer its Canadian and US clients not only specialist mining capabilities but a unique service by drawing on the skills and experience of other Coffey companies around the world,” Mr O’Toole said. “This puts us in a prime position in the North American market where clients are looking for both quality service and value for money in difficult economic times.”

Mr O’Toole said that despite the economic downturn, Coffey Mining plans to continue to invest in the regions it operates in, and indeed, expand further, if possible.

“Our strategy is to continue to grow Coffey Mining throughout the economic downturn and seek opportunities that may not have been available in recent years, so that we will be in an even stronger position when the industry does pick up. This will include recruiting the industry’s top talent while they are available, up skilling staff, and expanding our capability in areas such as knowledge management. From our point of view, it’s full steam ahead.”