Mincom was bought out by ABB in May 2011.
Known for being a pioneer in enterprise software such as Ellipse, Mincom was an industry leader.
Extract from the Australian Mining Journal:
Mincom, the biggest fish in Australian mining software waters and a major player internationally, was recently swallowed by the leviathan ABB Group. Mike Foley spoke with Mincom’s chief strategy officer, Jennifer Tejada, to find out what the future holds.
n 1979 the Mincom story started with its founder David Merson, who went on to hold the chief executive position for the next 21 years. Just like software peer Maptek, Mincom too felt the benevolent touch of the Utah Development Company in its nascent years. Utah provided its first major contract – for facilities management software and services.
Mincom quickly set up shop internationally, first in Atlanta, Georgia in 1985 and then in Santiago, Chile in 1992. Geographic expansion was concurrent with new services that included management and maintenance systems for the defence, infrastructure, energy, oil and gas industries.
ABB Press Release
ABB Site Enterprise Applications
Ellipse - vendor
Blast Movement Technologies’ core business is to provide the mining industry with a unique and world-first solution for reducing ore loss and dilution. Our easy to use and innovative BMM System allows accurate 3-dimensional measurement of muckpile movement that occurs during the blasting process.
Blast movement and its effect on ore loss and dilution – and ultimately the economic consequences – are generally poorly understood within the mining industry and can be difficult to accurately quantify. The use of our technology enables a more accurate determination of ore boundaries after blasting, and has the potential to increase an operation’s revenue by millions of dollars per year. Mine-based case studies indicate that potentially tens or hundreds of thousands of dollars per blast can be lost if blast movement is not accounted for. The cost of monitoring a blast using this technology is relatively inconsequential in comparison, so the return on the investment is quick and substantial.
Blast Movement Technologies sold a majority stake to private equity in August 2015. The following is from an article in the Courier Mail on August 16, 2015.
QUEENSLAND entrepreneurs Darren and Diane Thornton have sold a majority stake in their award winning Blast Movement Technologies to private equity firms.
The new owners are Jolimont Global Mining Systems and its US joint venture partner Resource Capital Funds.
Mr Thornton said the deal would not change the identity, operations or plans of BMT which last year was named Premier of Queensland’s Exporter of the Year.
“The move will enable further growth of the business and confirm BMT’s technology as world’s
best practice for blast movement monitoring,” he said.
Australian Inspection Technologies (AIT) is an innovative company offering turnkey solutions for the dry beneficiation of thermal and metallurgic coal.
Dry beneficiation improves the coal quality whilst preserving valuable resources such as water. At the same time, tailing dams may become a thing of the past reducing associated environmental risks.
The improved Calorific Value of thermal coal allows coal fired power stations to run more efficiently and thus reduce emissions.
As a high tech company, AIT continues to invest in research and development to enhance the range of solutions that increase customer's productivity and reduce the environmental impact.
Mining software at the forefront for more than 30 years. RungePincockMinarco's mining software continues to be sought after globally for mine planning, scheduling, equipment simulation and financial analysis solutions.
Real Serious Games uses advanced visual technologies to assist industries to plan, communicate and teach complex or high risk concepts. We do this using Real Time 4D Visualisations, Animations and Serious Games.
MathsMet is a small business focusing on mathematical modelling for mineral processing and mineral applications.
The MathsMet vision is to facilitate analysis of metallurgical and mining data to improve financial profitability of mines.