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GeologicAI acquires Resource Modeling Solutions

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Published by Jane Bentham,
Editorial Assistant

Global Mining Review,
Thursday, 15 February 2024 15:00

GeologicAI, an innovator in mining technology, has announced the acquisition of Resource Modeling Solutions.

This strategic move marks a significant milestone in GeologicAI’s growth and commitment to innovation.Resource Modeling Solutions (RMS), known for its work in advanced geostatistical modelling of subsurface deposits for the mining sector, brings a wealth of cutting-edge technology and a team of talented professionals that complement GeologicAI’s mission and values. This partnership not only expands GeologicAI’s product and service offerings, but also opens new possibilities for both organisations.“We are thrilled to welcome RMS to the GeologicAI family,” said GeologicAI founder and CEO Grant Sanden. “This integration strengthens our position in the industry and enhances our ability to deliver groundbreaking end-to-end technology solutions to our clients. It’s a win-win for all parties involved. We are focused on continuing to expand our capabilities by integrating new and emerging technologies.”This strategic acquisition will have a positive impact on the industry and the community, as it will create opportunities for collaboration, innovation, and knowledge-sharing. The combined expertise of both organisations will lead to the development of advanced solutions that will define the future of resource discovery and development, from Rock Scan to Mine Plan.

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