Micromine

Micromine is an Australian enterprise software provider serving the global mining industry with eight integrated products through its Nexus cloud platform, spanning geological modelling, mine planning, scheduling, and operational monitoring. Acquired by Weir Group PLC in April 2025 for $840 million.

Company typePrivate
Founded1986
HeadquartersPerth, Australia
Headcount251–500
GTM typeB2B
OfferingSoftware

What Micromine does

Micromine is an Australian enterprise software provider serving the global mining industry with a vertically focused product suite covering the mining lifecycle from exploration through production. Founded in 1986 and headquartered in Perth, Micromine built its offering around eight interconnected software products (including Geobank, Origin, Beyond, Alastri, and Pitram) unified through the proprietary Nexus cloud platform. The platform architecture enables automatic data flow between geological modelling, mine planning, scheduling, and operational monitoring modules without manual intervention, including specialised capabilities such as AI-driven grade estimation, conditional simulation for probabilistic geology, electrical infrastructure modelling for mining electrification, and real-time underground monitoring.

The company's go-to-market is enterprise B2B field sales targeting mining operators of all sizes globally, delivered through cloud-based subscriptions via the Nexus platform. Micromine's revenue model is recurring subscription-based licensing, with quote-based enterprise pricing not publicly disclosed. Its customer base is concentrated in the single vertical of mining, spanning surface and underground operations and geological and exploration teams. Recent product investment has emphasised AI-powered tools (Grade Copilot, Distance to Drillhole Tool, Grade Estimator) within the Origin geological modelling module, addressing the global shortage of professional geologists by reducing block model generation and validation time from days or weeks to minutes.

In April 2025, Micromine was acquired by UK-listed industrial technology firm Weir Group PLC for approximately $840 million (£624 million) as part of Weir's strategy to expand its digital mining technology portfolio. Post-acquisition, Micromine operates as a subsidiary alongside sister companies including MOTION METRICS and Fast2Mine, and contributes £41-44 million in annual revenue to Weir Group's consolidated results. The company continues to release product updates under Weir ownership, including the June 2026 Connected Mining Ecosystem release.

Micromine firmographics

Firmographics

Name: Micromine
Website: https://micromine.com
Company type: Private
Founded year: 1986
Operating status: Operating
Headcount range: 251–500 employees
Short description: Micromine is an Australian enterprise software provider serving the global mining industry with eight integrated products through its Nexus cloud platform, spanning geological modelling, mine planning, scheduling, and operational monitoring. Acquired by Weir Group PLC in April 2025 for $840 million.
Ownership category
akta.pro rank

Micromine industry classification

Industry

Product category: Mining Software
NAICS: Mining Machinery and Equipment Manufacturing (333131), Support Activities for Metal Mining (213114)
SIC: Construction, Mining & Materials Handling Machinery & Equip (3530)
akta.pro primary industry: Mining Software, Firmware & Monitoring Platforms (FSADAOAF)
akta.pro secondary industry: Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

Mining software solutions
Geological modelling software
Mine planning software
Mineral exploration software
Mine operations management

Where Micromine is headquartered

Location

Headquarters

HQ city: Perth
HQ country: Australia
HQ region: Oceania

Markets served

Micromine business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

Mining Software Subscriptions: Micromine generates revenue through software licensing and subscription fees for its suite of mining software products including Geobank, Origin, Beyond, Alastri, and Pitram. Products are delivered through cloud-based Nexus platform subscriptions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Micromine product offering

Product offering

Core offering

Micromine develops and sells integrated software products for the global mining industry, spanning geological modelling, resource estimation, mine planning, scheduling, and operational monitoring. Its product suite (Geobank, Origin, Beyond, Alastri, Pitram) is connected through the proprietary Nexus cloud platform, enabling seamless data flow across the mining lifecycle without manual intervention. The offerings target mining companies conducting surface, underground, and exploration activities worldwide.

Product overview

Micromine offers a unified platform-plus-modules architecture centred on the Nexus cloud platform, which integrates eight distinct software products enabling seamless data flow across the mining lifecycle. The product portfolio includes Geobank for data management, Origin for geological modelling with AI-powered tools (Grade Copilot, Distance to Drillhole Tool, Grade Estimator), Beyond for pit optimisation and design, Alastri for electrical infrastructure modelling, and Pitram for underground monitoring. The connected ecosystem enables integration between geological modelling, mine planning, scheduling, and operational monitoring.

Differentiator

Problem solved

Functional benefit

Brands

Nexus: Cloud platform that integrates Micromine's eight software products enabling seamless data flow between geological modelling, mine planning, scheduling, and operational monitoring
Micromine Origin
Geobank
Beyond
Alastri
Pitram

Products and services

Nexus Cloud platform that integrates Micromine's eight software products, enabling seamless data flow between geological modelling, mine planning, scheduling, and operational monitoring without manual intervention. Sold to mining companies as the central integration layer of the connected mining ecosystem.
Geobank Data management platform with enhanced data validation capabilities for mining operations, part of the connected mining ecosystem. Used by mining companies for geological data capture, storage, and quality assurance.
Origin Geological modelling software featuring Conditional Simulation for probabilistic geology, plus AI-powered tools including Grade Copilot, Distance to Drillhole Tool, and Grade Estimator. Sold to geologists for mineral exploration, resource estimation, and 3D geological modelling.
Beyond Mine planning software with consolidated pit optimisation and design capabilities for open-pit mining operations. Sold to mining companies for surface mine planning and pit design workflows.
Alastri

Quantifiable outcome

Block model generation and validation time reduced from days/weeks to minutes using AI-powered Grade Copilot

Companies that use Micromine

Customer profile

Segments2 records

Ideal customer profiles2 records

Micromine technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature9 records

Micromine partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered minor.

MOTION METRICSminorOthersMOTION METRICS is part of Weir Group's broader mining technology portfolio alongside Micromine, suggesting sibling companies under common ownership.
Fast2MineminorOthersFast2Mine Tecnologia e Desenvolvimento de Sistemas is a Brazilian mining software firm acquired by Weir Group in September 2025 for £25 million to expand Weir's presence in South America. Fast2Mine complements Weir's existing software portfolio including Micromine's suite of mining solutions.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Micromine competitors and assessment

Company assessment

Direct peers

Datamine: Datamine is a direct competitor offering mining software for geological modelling, mine planning, and operations scheduling, serving the same enterprise mining customer base as Micromine with comparable product suites.
Maptek: Maptek is an Australian-headquartered mining technology vendor offering Vulcan and other geological modelling, mine planning, and operations solutions, directly overlapping Micromine's product footprint.
Seequent (Bentley Systems): Seequent, now part of Bentley Systems, provides geological modelling and geoscience software (Leapfrog) to mining and geotechnical customers, overlapping with Micromine Origin and Geobank functionality.
Deswik: Deswik provides specialised mine planning, scheduling, and geological modelling software, competing with Micromine's Beyond and Origin products across mid-tier and enterprise mining customers.
RPMGlobal: RPMGlobal delivers mine planning, scheduling, and operations software to the global mining industry, competing with Micromine's mine planning and operational monitoring capabilities.

Broad incumbents

Hexagon Mining: Hexagon's mining division provides enterprise-scale software for mine planning, fleet management, and geological modelling; broader portfolio and deeper R&D budget position it as a strong incumbent competitor to Micromine.
Dassault Systèmes (GEOVIA): GEOVIA, part of Dassault Systèmes, offers mine planning, geological modelling, and simulation software to global mining operators, directly competing with Micromine's Origin, Beyond, and Geobank products.
Bentley Systems: Bentley Systems offers infrastructure engineering software including OpenMine and acquired Seequent, expanding its mining footprint and competing with Micromine on the digital-mining platform layer.
AVEVA: AVEVA provides industrial software including engineering and operations platforms that overlap with mining digital-twin and asset-management use cases adjacent to Micromine's ecosystem.
Komatsu (Komatsu Mining): Komatsu Mining's Modular Mining subsidiary offers fleet management and mine operations software, competing with Micromine Pitram in underground and surface operations monitoring.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

Micromine financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Micromine leadership team

Management profile

Number of profiles

Profiles1 record

Micromine funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Micromine M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Micromine

What does Micromine do?

Is Micromine a public or private company?

Micromine is a private company. It is classified as corporate owned and is currently operating.

When was Micromine founded?

Micromine was founded in 1986. It employs 251 to 500 people.

Where is Micromine based?

Micromine is headquartered in Perth, Australia, in the Oceania region.

How does Micromine make money?

One revenue line is on record: mining Software Subscriptions.

Who are Micromine's main competitors?

Direct peers on record are Datamine, Maptek, Seequent (Bentley Systems), Deswik and RPMGlobal. Broad incumbents are Hexagon Mining, Dassault Systèmes (GEOVIA), Bentley Systems, AVEVA and Komatsu (Komatsu Mining).

Does Micromine have an API?

No public API is recorded for Micromine.

What industry is Micromine in?

Micromine's product category is Mining Software. Its primary akta.pro industry code is FSADAOAF, Mining Software, Firmware & Monitoring Platforms, with a secondary code of IMAKAKAA, Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling). Its NAICS code is 333131 and its SIC code is 3530.