Precision Mining

Brisbane, Australia Founded: 2008 • Age: 18 yrs Acquired By Micromine
Mine Scheduling and Haulage Software Solutions
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 5 Brand Intelligence

About Precision Mining

Precision Mining is a company based in Brisbane (Australia) founded in 2008 by Gary Olsen was acquired by Micromine in June 2021. Precision Mining offers products and services including Micromine Geobank, Micromine Origin, Micromine Spry, and Micromine Advance. Precision Mining operates in a competitive market with competitors including Minemax, Revolution Mining, Minfo and Strategic Mining Technologies, among others.

  • Headquarter Brisbane, Australia
  • Founders Gary Olsen
  • Sectors
    Natural Resources
  • Phone
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  • Website
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  • Social
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Operational Areas
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
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  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Micromine

    (Jun 08, 2021)

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Products & Services of Precision Mining

Precision Mining offers a comprehensive portfolio of products and services, including Micromine Geobank, Micromine Origin, Micromine Spry, and Micromine Advance.

Product name locked
Category locked
Primary

Software for geoscience data logging and management in mining.

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Tool for geological modeling and resource estimation.

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Software for mine scheduling and haulage simulation.

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Platform for underground mine planning and design.

Funding Insights of Precision Mining

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Detailed funding history for Precision Mining

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Investors in Precision Mining

Precision Mining has secured backing from 1 investor. Prominent investors backing the company include Micromine.

All
Investor Description Founded Year Domain Location
Software solutions for mining exploration and operations are provided.
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Investor details for Precision Mining

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Investments & Acquisitions by Precision Mining

Investments
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Investment portfolio details for Precision Mining

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  • Transaction dates
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Financial Statements - Precision Mining

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Detailed financials for Precision Mining

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Precision Mining Comparisons

Precision Mining Primary company
Description
Mine Scheduling and Haulage Software Solutions
Location
Brisbane, Australia
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Precision Mining

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Competitors of Precision Mining

Precision Mining operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Minemax, Revolution Mining, Minfo and Strategic Mining Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Production planning and execution solutions are provided to mining companies.
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Schedule optimization tools for mining operations are provided.
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Software for mining production management, knowledge sharing, and partnerships.
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Delivers software solutions for optimizing mining operations scheduling.
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Detailed competitors of Precision Mining

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Latest news on Precision Mining

Micromine To Purchase Qld Business
Businessnews5 years ago
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Complete news archive for Precision Mining

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Frequently Asked Questions about Precision Mining

Precision Mining was founded in 2008.

Precision Mining is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.

Precision Minings product Spry offers mine scheduling and haulage software solutions to the mining industry. Provides a hauling logic system, 3-D scheduler, georeferenced images, and reporting solutions etc. Revenue is generated through both yearly subscriptions and a pay as you go model. The former is priced at 10,000year while the latter at 15hour.

Precision Mining's top competitors include Minemax, Revolution Mining and Minfo.

Precision Mining offers Micromine Geobank, Micromine Origin, Micromine Spry, and Micromine Advance.

Precision Mining has 1 investor. Key investors include Micromine.

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