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January 18, 2017

Hexagon Mining buys technology company MiPlan

Hexagon Mining has acquired MiPlan, an Australian firm that develops mobile software applications for field data collection, fleet management, production management and reporting.

Hexagon Mining has acquired MiPlan, an Australian firm that develops mobile software applications for field data collection, fleet management, production management and reporting.

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Hexagon stated that MiPlan has a proven track record of increasing mine productivity and providing a rapid return on investment.

Hexagon Mining president Hélio Samora added that the acquisition is a suitable addition to the company’s technology portfolio.

Samora said: “Safer, more productive mines depend on making sense of their data. MiPlan’s range of apps represents a scalable, real-time mobile production management solution.”

MiPlan’s unique and comprehensive MiiNT platform is claimed to be significant for Hexagon Mining customers.

"MiPlan’s range of apps represents a scalable, real-time mobile production management solution."

The platform assists in data management, analysis and reporting requirements for any operation.

MiiNT platform facilitates data flows between different systems and departments, assists in trend analysis, simplifies on-demand data interrogation and reports over live operational data.

MiPlan managing director Robert Daw said: “It is a fantastic outcome for our existing and future clients, not to mention the MiPlan team.

“The range, experience, and calibre of the Hexagon group will contribute to the continued improvement of our existing offerings and provide a great platform for the next generation of solutions that mining businesses need to stay competitive.

“An acquisition by Hexagon held great appeal from the beginning due to our complementary solutions delivering immediate benefit to the market. It is also a big leap forward in our vision of aligned mines.”

Samora added that engineers can use MiPlan’s MiD&B application that enhances Hexagon Mining’s blast design solution. With this technical solution, Hexagon Mining can serve a wider range of mining operations.

Based in Tucson in Arizona, Hexagon Mining works to minimise surface and underground challenges in mining by providing technical solutions in planning, operations and safety.

Related Companies

Free Report
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Determine the future strategies for IoT in Mining

IoT can be beneficial across the whole mining value chain, from prospecting to reclamation. The technology allows different assets and people to be monitored and accounted for across vast distances in hazardous conditions.  GlobalData’s IoT in Mining Thematic Research report provides you with an in-depth lens into the impact of IoT on the industry. We highlight both the challenges and opportunities associated with the innovative technology now, and in the future. Our report also covers: 
  • Major players and companies 
  • Market size and growth forecasts 
  • Case studies  
  • Sector scorecard 
GlobalData predicts that the revenue from IoT in mining will grow to reach $1.9 billion by 2025, with a compound annual growth rate (CAGR) of 6.2% between 2020 and 2025. Ensure your company is proactive in adapting strategies and processes to help you remain competitive.   Download the full report to get ahead of the competition
by GlobalData
Enter your details here to receive your free Report.

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