Weir Group expands South American presence with Fast2Mine acquisition
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Scottish engineering group Weir has agreed to buy Fast2Mine, a Brazil-based mine management solutions (MMS) provider, to bolster its existing suite of mine planning and control solutions.Fast2Mine offers an SaaS solution comprising four modules designed around a modern, web-native interface that prioritizes ease of use while delivering advanced reporting functionality. The technology is designed to help miners with material management, mine optimization, short-interval control, fleet management and select asset health diagnostics.Fast2Mine currently services 84 mines across multiple commodities and countries, such as Brazil, Chile, Argentina, Mexico, Guyana and Liberia.Weir said the MMS platform is highly complementary to its growing software portfolio, joining the Micromine software suite it acquired earlier this year to provide comprehensive mine management solutions for both open-pit and underground mining operations.The acquisition will accelerate Weir’s strategy to provide leading software solutions to the mining industry, the company said, adding that it will not affect the group’s full-year revenue, operating profit and leverage guidance as of July 31, 2025. The acquisition terms were not disclosed.“The acquisition of Fast2Mine will accelerate our expansion into the South American mining software market, providing a strong and immediate presence in Brazil, home to some of the world’s largest mineral deposits,” Weir CEO Jon Stanton stated in a press release.”“Fast2Mine’s software platform is a highly complementary addition to Weir’s mining software suite, including meaningful synergies with Micromine’s Alastri open pit mine planning solution and adjacency with Micromine’s Pitram underground fleet management solution,” he added.Weiter zum vollständigen Artikel bei Mining.com
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Datum | Rating | Analyst | |
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21.12.2012 | Weir Group kaufen | Exane-BNP Paribas SA | |
14.11.2012 | Weir Group neutral | Nomura | |
07.11.2012 | Weir Group outperform | Exane-BNP Paribas SA | |
07.11.2012 | Weir Group neutral | J.P. Morgan Cazenove | |
07.11.2012 | Weir Group buy | Deutsche Bank AG |
Datum | Rating | Analyst | |
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21.12.2012 | Weir Group kaufen | Exane-BNP Paribas SA | |
07.11.2012 | Weir Group outperform | Exane-BNP Paribas SA | |
07.11.2012 | Weir Group buy | Deutsche Bank AG | |
16.10.2012 | Weir Group outperform | Exane-BNP Paribas SA | |
06.09.2012 | Weir Group buy | UBS AG |
Datum | Rating | Analyst | |
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14.11.2012 | Weir Group neutral | Nomura | |
07.11.2012 | Weir Group neutral | J.P. Morgan Cazenove | |
08.03.2012 | Weir Group equal-weight | Morgan Stanley | |
01.03.2012 | Weir Group neutral | J.P. Morgan Cazenove | |
24.03.2005 | Weir Group: Neutral | JP Morgan |
Datum | Rating | Analyst | |
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31.10.2012 | Weir Group sell | Société Générale Group S.A. (SG) | |
18.07.2012 | Weir Group reduce | Nomura | |
03.04.2012 | Weir Group verkaufen | Euro am Sonntag | |
24.01.2005 | Weir Group: Underweight | JP Morgan |
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