Weir has completed the acquisition of Mining Software Holdings Pty Ltd, effective today. This follows the announcement on February 28, 2025 of an agreement to acquire Micromine, a global leader in mining software solutions, for a sterling equivalent enterprise value of £624 million.
Micromine is a leading software provider to the mining industry with comprehensive solutions across the upstream mining value chain from exploration through mine design and planning, operational scheduling and mining operations in hard ore, soft ore and underground applications.
Jon Stanton, Chief Executive Officer said: “We are delighted that Micromine has formally become part of Weir. Micromine is a high performing, high growth business of scale, and is a natural and complementary fit for Weir. Weir’s mission is to deliver mining technology for a sustainable future, helping the mining industry produce the metals needed to power the global energy transition. Digital has a big part to play, and Weir is innovating and investing in digital solutions to make mining smarter, more efficient and sustainable.”
He added: “Bringing together Micromine with our existing digital technologies, our vision is to create a digital platform that helps our customers optimise their performance at each step along the mining value chain. This is about bringing together Weir’s knowledge, capabilities and expertise to create sector-leading digital solutions for the mining industry.”
The business will be led by Kristen Walsh, previously Regional Managing Director of Minerals APAC, who is appointed Division President, Digital Solutions and joins the Group Executive reporting to Jon Stanton. Andrew Birch, the current CEO of Micromine, will remain with Weir for up to 12 months supporting Kristen in an advisory capacity.
Weir added that in due course, it intends to bring together Micromine solutions with MOTION METRICS and NEXT intelligent solutions, “to create a sector-leading combined digital solutions offering for the mining industry.” In the meantime Micromine will be reported externally within the ESCO Division.
Brendon Shadlow, Product Strategy Manager, Micromine Pitram told IM: “At this stage, we’re focused on exploring strategic synergies between Micromine’s solutions and Weir’s digital capabilities, with the goal of delivering greater value across the mining value chain. While it’s still early days, the combination of operational intelligence from Micromine’s platforms with Weir’s processing and analytics technologies presents exciting opportunities to enhance visibility and decision-making from pit to plant. We’re working closely across teams to identify the most impactful areas for collaboration.”