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Orica buys GroundProbe

Mining explosives major Orica (ASX: ORI) is buying slope stability monitoring system maker GP Holdco, the maker of GroundProbe, from Crescent Capital Partners for A$205 million (US$157 million).

Orica buys GroundProbe Orica buys GroundProbe Orica buys GroundProbe Orica buys GroundProbe Orica buys GroundProbe

The GroundProbe slope stability radar and laser tools and matching software are used widely within the mining industry. They provide miners with geotechnical slope stability monitoring for impro...