Boart Longyear Group said its Geological Data Services division will now operate as a separate entity called Veracio.
Veracio is ideally suited to combine science and digital technologies in a single, integrated platform and help mining companies get more value from their orebody data, faster, while mitigating the environmental impact of their decisions.
The company will be led by newly appointed Chief Executive Officer JT (John) Clark, a seasoned growth leader in mining technology with a track record of operational success. Clark was most recently a managing director and partner at Boston Consulting Group, where he led the Global Mining Practice and built Phosa – an AI solution for mineral processing.
Powered by Boart Longyear’s Geological Data Services integrated technology platform, Veracio is well-positioned to support the growing global need for critical minerals by championing an approach to orebody science based on speed and sustainability. Veracio will support the exploration teams to discover new mineral deposits, increase their success rates, and reduce costs.
Veracio leverages key digital sensing platforms and AI that helps miners move beyond the borehole and see the entire orebody in fine detail. Critical components include:
- AI solutions that improve and automate improved understanding of the earth and orebodies, and deliver improved solutions for mining activities across the value chain.
- Data capture and intelligence platforms including TruScan, an in-field sample sensing platform; TruSub, a rod string system; and TruProbe, which allows for driller deployable downhole sensing without a logging truck.
- A foundational, integrated cloud platform that gives teams anywhere in the world access to these technologies, enabling them to access orebody data in near-real time, at a higher definition, and with lower sampling error.
Source: Veracio