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Atlas buys into 'Google for mines'

Swedish mining and drilling equipment manufacturer Atlas Copco this week confirmed an investment in Lulea-based information and communications technology company Mobilaris, which has won several contracts with gold major Barrick Gold Corp to deploy its mine process monitoring and analytics technology.

Atlas buys into 'Google for mines' Atlas buys into 'Google for mines' Atlas buys into 'Google for mines' Atlas buys into 'Google for mines' Atlas buys into 'Google for mines'

Atlas Copco (STO: ATCO-A) is buying 34% of Mobilaris MCE, a Mobilaris business which generated about US$3.5 million of sales last year and has 20 employees, for an undisclosed sum.