TECHNOLOGY

Epiroc to acquire mine productivity software company

MineRP's platform capabilities will be combined with Epiroc's digital solutions.

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Epiroc said MineRP's software platform, which supports large and medium-sized mines globally in optimizing operational efficiency, would strengthen its digitalisation offering. Financial details of the deal were not disclosed

"This acquisition fits well into Epiroc's focus on supporting mining companies on their digitalisation journey. The combination of MineRP's platform capabilities with Epiroc's digital solutions, partners and global presence has the potential to transform the way that mines operate," said Helena Hedblom, Epiroc's president and chief executive.

"MineRP is a high-quality software provider with significant experience of connecting mines from pit to port, and together we will continue to make mining customers' operations even more smart, safe and seamless."

The seller is a group of owners, including Dundee Precious Metals, a Canadian-based international mining company. The acquisition is expected to be completed, after regulatory approvals, in the first half 2021.

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