Datamine, a wholly owned subsidiary of Vela Software, has acquired mining consultancy and software business Snowden.
As part of the transaction with Datamine, the Snowden brand will be retained, it said, with the company explaining: “We are dedicated to maintaining consistent high levels of expertise and support that you have come to expect from Snowden.”
Being part of the Datamine group will provide long-term benefits for Snowden, its staff and customers, according to the company. “We will have the opportunity to strengthen and grow our business by leveraging resources including an office network across 20 countries, and deep software expertise.”
Tarrant Elkington, Global Manager, Snowden, said: “Snowden has a proud 33-year history, evolving from a geological consulting company to a diversified advisory consulting, software and training business. This acquisition marks the next step on our growth journey.
“The software expertise and global footprint of Datamine offers tremendous opportunities for the growth of our business and to improve the experience of our clients. For example, we will now be able to offer in-country support to our supervisor clients in South America. And we can easily and cost-effectively expand our consulting business to other countries.
“This is a great day for our business, and our people, and we look forward to exploring the synergies that Datamine offer.”
John Bailey, Executive General Manager at Datamine, said: “We are excited to acquire the Snowden business which aligns closely with our existing offering to the mining industry. Snowden has a strong, expert brand with a wealth of experience and has developed industry-leading products that complement Datamine’s software portfolio.”
Snowden refers to Datamine as the world’s leading provider of technology to seamlessly plan and manage mining operations.
“With operations in 20 countries, Datamine provides solutions spanning exploration, resource modelling, mine planning, operations, logistics and marketing to over 6,000 companies worldwide,” Snowden said.
Supervisor is a complementary solution to Datamine’s existing resource estimation suite, offering a simple intuitive interface and workflow, advanced local and global estimation optimisation functionality and compatibility with all major mine planning software packages.
Reconcilor provides a robust system to identify differences between grade and tonnage estimates, plans and actual mine production. The Reconcilor solution is highly complementary to Datamine’s inventory tracking and metal balancing solutions, with several customers already using the combined systems.