Maptek has announced further investment in MinLog, building on a longstanding partnership that bridges the gap between mine planning and mine production.
Maptek has been involved with MinLog and its Production Management and Management Information Systems technology for many years. This latest investment will see Maptek increase its ownership of the business and the products to 100% over the next 18 months. Production Management data is considered a key component in delivering on Maptek's commitment to add significant value to the data available to mining companies.
Commenting on the investment, Maptek MD Peter Johnson said, ˜There is a huge gain in performance and efficiency to be had by combining the data models used in Mine Planning with the systems and processes applied in Mine Operations'.
˜The orebody knowledge and characteristics have an impact on mine performance well after the planning stages are complete, but there has been little ability to refer to and make decisions with the benefit of that orebody knowledge in a tactical, operational decision support capacity in a mine production environment.'
˜MinLog has been very successful at developing and deploying reliable, robust, operational data models of operational environments. The technology enables us to start delivering these integrated mining systems across the planning and execution divide.'
Under the new arrangement, MinLog will continue to operate, with current management and staff remaining committed to delivering the world's best Production Management systems.
Speaking about the investment, MinLog MD Karel Gilliland said ˜MinLog leverages flexible service bus integration and a cloud or server hosted data lake containing a validated and contextualised digital record of all equipment and mining fleet being tracked. This enables us to deliver a powerful range of production management functionality across the whole supply chain in a mine.'
˜In addition, MinLog develops advanced DSF technology, allowing near real time data acquisition from fixed and mobile equipment underground for reliable, cost effective and flexible deployment.'
Maptekâ„¢ is a global provider of innovative software, hardware and services. Founded almost 40 years ago to service the mining industry, Maptek offers a unique combination of domain knowledge, technical expertise and engineering resources. We incorporate automated workflows and optimised algorithms to collect, analyse and circulate critical information within the operational cycle, closing the loop between planning, production and results. We develop reliable solutions that allow customers to improve safety, productivity and profitability.
MinLog is a solutions provider delivering management information and production management solutions to the mining industry. MineSuite systems collect data from across the operational value chain, providing current, accurate and meaningful information for confident decision making.