METS

Datamine acquires another Aussie company

LandTrack to join global group

Staff reporter

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Datamine said LandTrack's versatile, intelligent, modern Asset Management System focused on protecting, managing, and tracking mineral title compliance, agreements, and environmental activities worldwide, making it the perfect addition.

Datamine is owned by Vela Industries Group.

The terms of the acquisition were not disclosed.

"We're really excited to have this fantastic group of products and people under the Datamine umbrella," Vela exploration general manager John Shippick said.

"Any error can be costly, disruptive, and stressful and as LandTrack Systems delivers specialised tenement management software assisting with any aspect of your tenement management, it was almost too fitting to have them join us.

"We look forward to working closely with LandTrack Systems to enable the delivery and support of LandTrack products - taking their reach beyond Australia and around the globe."

LandTrack general manager Rachel Whiteman said the acquisition opened up the company's solutions to a wider audience.

"We are excited to be joining Datamine. Already supporting more than 140 Australian mining companies - including BHP, Rio Tinto, Northern Star, Newcrest, and Mineral Resources - this collaboration will enhance our abilities enabling us to show the world the difference we can make to the mining tenure process," she said.

The acquisition comes a year after Datamine acquired Optiro.

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