Thiess tick energises software scale-up


Richard Roberts

Augment Technologies hoping other contractors are watching

Augment Technologies’ co-founder Greg Hardwich says the mining technology scale-up is looking forward to “a very exciting 2025” after adding global contract mining major Thiess to a partner list that includes software leaders Datamine and Hexagon.

“Thiess is our first service partner, as distinct from our existing technology partners,” Hardwich told InvestMETS.com after the Australian firm announced the Thiess alliance.

“We see them as an important new type of partner as they can embed the Muckpile Block Model in the service they deliver to their clients.”

The proprietary AI-driven modelling tool gives users fast, accurate ore loss and dilution readings.

“We believe this will enable them to clearly define the value they are adding in what I call the reserves-to-recovery process,” Hardwich said. The 3D blast movement prediction and modelling software would also help Thiess improve safety and “provide a platform for broader operational efficiency improvement”.

“As a multi-site service provider they will also be able to accumulate and leverage skill using this AI-powered technology with their other clients,” Hardwich said.

He was hopeful the Thiess implementation would create a precedent for other mining contractors.

“How many others adopt the technology will depend on their appetite for new technologies and whether they have suitable mine sites,” he said.

Formed in 2018 and now hiring and growing rapidly, Augment started presenting its core product under the OMP, or Ore Movement Policy, banner.

“Our switch to marketing the Muckpile Block Model has been strongly accepted by people in the market,” Hardwich said.

“It is easier to understand than some of our earlier attempts to explain it.

“Along with the increasing adoption momentum and associated word of mouth, this is leading to a strong uptick in customer demand.”

 

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