Epiroc has acquired Australian-based measurement services company Kinetic Logging Services, an arm of MPC Kinetic Holdings, in a deal the equipment maker said will boost geological models and strengthen productivity.
Financial details of the transaction were not released, but the company did confirm the deal has been completed.
Kinetic’s flagship product is OreSight, which offers advanced and near real-time borehole assay data and grade information.
From there, mining companies feed this data into their blast pad models, which then permits them to make improved decisions on production and ore blending.
“Together, we will provide a wide range of smart products and services that strengthen mining customers' end-to-end productivity, and we look forward to bringing OreSight to our customers around the world,” said Helena Hedblom, Epiroc president and CEO.