Epiroc to acquire specialist mining data company
By Leila Steed01 June 2021
Infrastructure and mining equipment manufacturer Epiroc Group is to acquire geophysical data technology company Kinetic Logging Services (KLS).
Perth-based KLS, which last year reported revenues of AUD$30 million, is a subsidiary of MPC Kinetic Holding and employs around 180 people.
The company is known for its flagship service product OreSight, which collects borehole assay data and grade information in near real-time.
It allows mining – and companies in the geotechnical engineering and environmental management sectors – to produce more detailed blast pad models, that can then be used to make “improved decisions on production and ore blending”.
Helena Hedblom, Epiroc’s President and CEO, said, “Epiroc is looking forward to welcome the great team at Kinetic Logging Services to the Epiroc Group...Sign in to continue reading.