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Precision Mining - About the company

Precision Mining is an acquired company based in Brisbane (Australia), founded in 2008 by Glen Barnes and Gary Olsen. It operates as a Mine Scheduling and Haulage Software Solutions. The company has 6 active competitors, including 3 that have exited. Its top competitors include companies like Minemax, COMET Strategy and Revolution Mining.

Company Details

Precision Mining's 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 $10,000/year while the latter at $15/hour.
Key Metrics
Founded Year
2008
Location
Brisbane, Australia
Stage
Acquired
Ranked
Employee Count
26 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Micromine (Jun 08, 2021)

Precision Mining's acquisition details

Precision Mining got acquired by Micromine on Jun 08, 2021.
Click here to take a look at Precision Mining's acquisition in detail
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Precision Mining's funding and investors

Precision Mining has not raised any funding rounds yet.

Precision Mining's founders and board of directors

Founder? Claim Profile
The founders of Precision Mining are Glen Barnes and Gary Olsen.
Here are the details of Precision Mining's key team members:

Precision Mining's employee count trend

Precision Mining has 26 employees as of Jul 26. Here is Precision Mining's employee count trend over the years:
Employee count trend for Precision Mining
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Precision Mining's Competitors and alternates

Top competitors of Precision Mining include Minemax, COMET Strategy and Revolution Mining. Here is the list of Top 10 competitors of Precision Mining, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Precision Mining
Precision Mining
2008, Brisbane (Australia), Acquired
Mine Scheduling and Haulage Software Solutions
-
-
32/100
2nd
Logo for Minemax
Minemax
1996, Perth (Australia), Acquired
Production planning and execution solutions provider
-
-
29/100
3rd
Logo for COMET Strategy
COMET Strategy
2000, Redland (Australia), Unfunded
Developer of scheduling software for mining project optimisation and cost reduction
-
-
29/100
4th
Logo for Revolution Mining
Revolution Mining
2014, Toronto (Canada), Acquired
Schedule Optimizing Tool
-
-
28/100
5th
Logo for Minfo
Minfo
2007, Pretoria (South Africa), Unfunded
Production Performance Management Information Software Provider
-
-
22/100
6th
Logo for Crest Soft
Crest Soft
Collierville (United States), Unfunded
Developer of production scheduling and resource management software for industries
-
-
16/100
7th
Logo for Strategic Mining Technologies
Strategic Mining Technologies
2017, Lakewood (United States), Deadpooled
Mining operations scheduling software solution
-
-
15/100
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Precision Mining's Investments and acquisitions

Precision Mining has made no investments or acquisitions yet.

Reports related to Precision Mining

Here is the latest report on Precision Mining's sector:

News related to Precision Mining

•
Micromine To Purchase Qld BusinessBusiness News•Jun 08, 2021•Precision Mining, Micromine
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FAQs about Precision Mining

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