SRK Re-enters Peru

SRK Consulting has repositioned itself to grow with Peru’s expanding mining industry through a merger with Lima-based firm, SVS Ingenieros.

SRK, one of the world’s largest diversified resources consulting groups, previously had an office in Peru but closed it in 2002 during the mining downturn. Group CEO Andy Barrett said SRK and SVS have enjoyed a strong working relationship for about 20 years.

“We have had quite a lot of work in Peru over the past five years or so and decided in 2010 to explore opportunities to re-establish SRK in Peru in order to better service our clients,” he said. “SVS has a very strong position in the market, particularly with Peruvian companies, and they also do a lot of work for international companies.” Current projections indicate mining investment activity in Peru should continue growing by some $US4 billion a year over the next 4-5 years. The merger with SVS will enable SRK to gain “a foothold in Peru via an established base from which to add new services”, says Barrett.