TECHNOLOGY

Boart expanding orebody intelligence with $US29M Minalyze buy

BOART Longyear subsidiary, Veracio, has entered into a binding agreement to acquire Minalyze for US$29.3 million in a deal that should position the combined companies for accelerated data and artificial intelligence development in global orebody knowledge.

The transaction creates possibilities for Veracio and Minalyze.

The transaction creates possibilities for Veracio and Minalyze.

Minalyze makes x-ray fluorescence core scanning instruments and geological data visualisation software. The transaction is expected to capitalise on synergies between Minalyze and Veracio's orebody...

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