Hexagon strengthens claim as digital mining leader with Blast Movement Technologies acquisition.
This article has been supplied.
Hexagon today announced the acquisition of Blast Movement Technologies (BMT) from RCF Jolimont Mining Innovation (Jersey).
BMT supplies a unique blast movement measurement technology to the global mining industry. BMT’s technology enables accurate delineation of ore boundaries after blasting in open cut mining. This enables miners to recover more of the earth’s valuable resources, increasing efficiency and profitability.
“This is great news for Hexagon customers,” said Nick Hare, Hexagon’s Mining division COO. “The Blast Movement Technologies system is the only one of its type and generates significant profits for customers in every blast at over 120 open pit mines globally. The company is rapidly growing and is becoming standard best practice for open cut mining operations. It will be a highly valuable and complementary addition to our suite of pit-to-plant digital solutions.”
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 movement of the ore during blasting can cost mines millions of dollars in lost revenue per year from ore loss. BMT’s solution 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.
Lyle Bruce, Chairman of Blast Movement Technologies since 2015 when it was acquired by RCF Jolimont where he is a partner, said: “We are delighted the business is joining the Hexagon family. We ran a process to find the best fit and the best price and Hexagon came out on top on both fronts.”
Nick Hare said: “The acquisition aligns perfectly with our vision of driving sustainability through efficiency gains, increased safety, improved productivity and less waste.”
The business will continue to be run by Jacques Janse, CEO of Blast Movement Technologies.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation