Orica, the global mining and infrastructure solutions provider, has announced that it has entered into a binding sale and purchase agreement with Vance Street Capital LLC (via VSC RST Holdco, LP) to acquire 100% of Canadian company Terra Insights (Terra) for C$505 million on a cash free, debt free enterprise value basis. In more detail,[…]
Komatsu Ltd, through its wholly owned subsidiary in Australia, has acquired iVolve Holdings Pty Ltd based in Queensland, Australia, which is led by CEO Kim Parascos. iVolve is well known supplier of fleet management systems (FMS) for construction and mining equipment. It particular it provides FMS for small to mid-tier miners, contractors, and quarries. iVolve offers[…]
Worldsensing, a global leader in IoT remote monitoring, has launched its newest wireless sensor, The Vibration Meter, which measures vibrations in long-term, continuous vibration monitoring projects. The new product uses a tri-axial MEMS accelerometer with longer battery life, wider communications range and more competitive price point than existing vibration-related technologies on the market, while complying[…]
The latest addition to Orica Digital Solution’s range of fragmentation analysis technology, FRAGTrack™ GeoSpatial it says is an industry-first innovation “that unlocks unprecedented insights by automatically georeferencing samples, correlating blast design and orebody information to blasting performance.” A key metric for drill and blast performance is the fragmentation particle size distribution (PSD) at the muckpile.[…]
IMDEX is looking to upend the standard drill and blast process with IMDEX BOLT™, a production hole survey tool for underground applications measuring blast hole deviation using a north seeking gyro. IMDEX Commercial Manager – Underground Survey Applications, Mike Ayris, has been promoting the importance of surveying blast holes since he founded Downhole Surveys (DHS)[…]
Exyn Technologies has appointed Brandon Torres Declet as CEO to drive its next phase of growth, overseeing all aspects of Exyn and looking to expand its geospatial product offerings to customers worldwide, the company says. With a career spanning over 25 years, Torres Declet brings an extensive background in the drone industry as a successful[…]
Terrafame, a responsible battery chemicals producer for electric vehicles, has selected Finland-based airship development company Kelluu to provide accurate and geo-referenced terrain data for continuous monitoring of its 60 sq.km industrial site. The aerial monitoring has been done mainly using satellites or helicopters, battery-powered drones, or land-based surveys. Kelluu develops long-distance, self-flying and hydrogen-powered airship[…]
SightPower Inc has announced the awarding of C$612,000 funding from Canada’s Mining Innovation Commercialization Accelerator (MICA) for the development of an automated mine shaft inspection AI-based system for the global mining industry. A National Network of Innovation for Mining, MICA is designed to bridge the innovation-commercialisation gaps that delay commercial success, domestically and globally. MICA[…]
Following the launch of its groundbreaking AI-based Pangu Mining Model in July 2023, Paul Moore caught up with Jun Xu, CTO of Huawei’s Mining BU, to find out how this large model will help mines to achieve new levels of operational control and intelligence. A recent video highlighting some of the use cases can be[…]
Exyn Technologies, a pioneer in multi-platform robotic autonomy for complex, GPS-denied environments, has announced the successful second close of its recent funding round. This milestone, Exyn says, further strengthens the company’s strategic partnerships with two prominent investors, C.R. Kennedy & Company and Aero X Ventures. Exyn says it is revolutionising industries such as mining, logistics[…]