Granite, Veracio aim to transform drill hole data analytics 

Granite announced that its wholly-owned subsidiary International Directional Services (IDS) and Veracio, a mining technology company, have entered into a partnership aimed at transforming drill hole data analytics and elevating productivity for Granite’s clients. The collaboration between IDS and Veracio marks a significant step toward leveraging technology to enhance the mining process. By combining IDS’s drill hole geological data collection…

Read More

FLSmidth completes TK Mining acquisition

FLSmidth has confirmed that its takeover of thyssenkrupp’s mining business TK Mining has met the needed requirements and the deal will close at the end of August. The company said 12 August that, once the two combined on 31 August, it will be the leading global mining technology and service provider with operations from pit to plant and with a…

Read More

Weir agrees to acquire Motion Metrics

The Weir Group has agreed to acquire the mining technology business Motion Metrics for  £89 million.  Canadian-based Motion Metrics develops artificial intelligence and 3D machine vision technology to improve safety, efficiency and productivity of mine operations globally. As part of the agreement, Motion Metrics’ headquarters in Vancouver will become Weir’s global center for excellence in AI and Machine Vision technology.…

Read More