Tag Archives: Lex McArthur

Hexagon and RCF Jolimont donate blasting tech to Curtin Uni and WASM

Hexagon and RCF Jolimont have teamed up to provide 1,920 Blast Movement Monitors, a GP5300 Detector Kit, HxGN MineMeasure sensor software and training, valued at A$1 million ($712,570), to Curtin University and the WA School of Mines.

Recently launched by Hexagon at MINExpo in Las Vegas, MineMeasure (pictured) allows mines to safely and accurately track blasts to minimise loss and dilution with blast movement sensor software. Measuring 3D blast movement and translating ore polygons with Blast Movement Monitors and GP5300 Detector Kit to account for displacement are, meanwhile, critical steps in achieving optimal ore yield, RCF Jolimont said.

“This is great news for mining students at WASM,” Rob Daw, Chief Technology Officer, Hexagon’s Mining division, said. “MineMeasure is the only portfolio of its type and generates significant profits for customers in every blast at over 120 open-pit mines globally.”

The ability to accurately track blast movement is a huge benefit for mines striving to be smarter and more sustainable. Blasting is a highly variable process and ore loss during blasting can cost mines millions of dollars in lost revenue per year. MineMeasure provides customers with accurate blast information that is used to recover all of a mine’s resources, allowing the valuable ore to be sent to the mill, avoiding dilution and misclassification, according to Hexagon.

Sabina Shugg, Director – Curtin Kalgoorlie Campus, said: “We are delighted with this donation from Hexagon and RCF Jolimont. It enables us to provide our students with training in this best practice blast measurement solution.”

Lex McArthur, from RCF Jolimont, said: “WASM is a recognised global leader in mining engineering studies and we are delighted to have provided part of the funding to enable this donation to come together.”

PE firm Jolimont on board with indurad radar offering

METS-focused private equity group, Jolimont, has made another investment in the sector, this time putting €4 million ($4.5 million) into RWTH Aachen University spinoff indurad.

Indurad calls itself the global leader in radar-based automation and productivity solutions for mine sites, train loadouts, stockyard equipment and shiploading facilities. Its patented 2D and 3D radar systems are installed at mining operations and ports worldwide to increase ore throughput and minimise downtime and collisions.

Reik Winkel, indurad CEO and co-founder, said: “indurad’s radar solutions remove bottlenecks in the movement of ore from mine to ship to market at a fraction of the cost of building larger facilities.

“Bringing Jolimont on board as shareholders represents a significant step in our strategy to build the company to €50 million in revenue.”

Winkel said the key reason for selecting Jolimont as an investor was their strong network in the mining industry and deep understanding of innovative technologies. Co-Founder Christian Augustin acknowledged the success of Jolimont as an active shareholder in Newtrax, recently acquired by Sandvik, making them “perfect partners” for indurad’s next growth phase.

Jolimont’s Lyle Bruce and Lex McArthur will be joining the indurad Board of Directors.

Bruce is a Partner of RCF Jolimont and was formerly Managing Director of GroundProbe, a leading radar-based rock-slope monitoring provider, from 2003 to 2013. He is Chairman of MineWare, a dragline monitoring software company and Chairman of Blast Movement Technologies, providing solutions that accurately locate ore and waste zones after blasting.

McArthur, a Founding Partner of Jolimont, is also a director of Blast Movement Technologies and is a director of Minnovare, specialising in improving the productivity of underground drilling operations.

McArthur said: “We undertook extensive due diligence on indurad and three things stood out; their best-in-class radar systems, the glowing testimonials from their customers and partners in terms of value delivered, and the high calibre of their engineering and management team.”

indurad was founded in 2008 as a spin-off of RWTH Aachen University, in Germany. It has a team of more than 100 employees globally and offices in Germany, Australia, Canada, USA, Brazil, Chile and South Africa.