Geostats
Geostats Pty Ltd is an Australian mining consultancy that provides statistical analysis, laboratory proficiency testing, and Certified Reference Materials to global mining companies and analytical laboratories. Founded 1992, headquartered in Western Australia.
- Company typePrivate
- Founded1992
- HeadquartersO'connor, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Geostats does
Geostats Pty Ltd is a privately-held Australian mining industry consultancy founded in 1992 and headquartered in O'Connor, Western Australia. The firm specialises in independent statistical analysis of exploration and metallurgical data, laboratory quality control, and the manufacture and sale of Certified Reference Materials (CRMs) used by mining laboratories worldwide. Its core methodology is grounded in Pierre M. Gy's Sampling Theory, which underpins its Heterogeneity Testing service for designing ore-specific sampling protocols.
The company operates two principal product lines. First, it runs the Geostats Round Robin — a twice-yearly, inter-laboratory proficiency testing program commenced in 1992 that engages over 100 commercial, minesite, and government laboratories across more than 40 countries for gold, base metal, sulphur, and carbon analyses. Second, it manufactures and sells an extensive catalog of CRMs (gold, base metal, low-level gold, platinum/palladium, and Au/Ag-on-carbon series), with tolerances calibrated using the Round Robin dataset. Supporting offerings include custom proficiency-testing programs (delivered to clients such as Rio Tinto's Quality Assurance Group and SGS LQSi), heterogeneity testing, audit and reconciliation services, and assay pills.
Geostats monetises through professional-services consulting fees, annual subscriptions for Round Robin reports (with tiered pricing for mining houses, anonymous laboratories, and identified laboratories), and transactional CRM sales distributed globally via its own website. The firm is ISO 9001 and ISO 45001 certified and serves a dual customer base of mining houses (enterprise QA/QC procurement) and analytical laboratories (proficiency benchmarking and reference material purchases).
Geostats firmographics
Firmographics- Name
- Geostats
- Legal name
- Geostats Pty Ltd
- Website
- https://geostats.com.au
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Geostats Pty Ltd is an Australian mining consultancy that provides statistical analysis, laboratory proficiency testing, and Certified Reference Materials to global mining companies and analytical laboratories. Founded 1992, headquartered in Western Australia.
- Ownership category
- akta.pro rank
Geostats industry classification
Industry- Product category
- Mining laboratory quality assurance services
- NAICS
- Support Activities for Metal Mining (213114), Testing Laboratories and Services (54138), Support Activities for Mining (2131)
- SIC
- Services-Testing Laboratories (8734), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)
- akta.pro secondary industry
- Geotechnical & Subsurface Engineering Consulting (BPAHAIAB)
Keywords
Where Geostats is headquartered
LocationHeadquarters
- HQ city
- O'connor
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Geostats business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Others
Revenue model
- Technical Consulting Services: Providing independent quality control monitoring, statistical analysis of sampling and assay data, mathematical interpretation of geological and metallurgical testwork, and auditing services to mining companies.
- Laboratory Proficiency Testing Reports: Mining Houses pay a flat fee to receive full reports identifying all participating commercial laboratories. Laboratories can participate anonymously or with results included (reduced fee). In-house laboratories of sponsoring companies can participate at no extra charge.
- Certified Reference Materials Sales: Sale of certified reference materials (CRMs) to mining companies and laboratories for internal quality control. Materials include Gold, Base Metal, Low Level Gold, Platinum/Palladium, and various matrix types. Prices quoted upon contact.
- Heterogeneity Testing Services: Custom sampling protocol design services using Gy Sampling Theory for mining companies requiring ore-specific sampling methodology.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Mining Houses - Full Report Access |
| Subscription | Annual | Commercial Laboratories - Anonymous Participation |
| Subscription | Annual | Commercial Laboratories - Identified Participation |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Geostats product offering
Product offeringCore offering
Geostats is a mining industry consultancy providing independent statistical analysis of exploration data and metallurgical testwork, laboratory quality control monitoring, and the manufacture and sale of Certified Reference Materials (CRMs). The firm runs the long-established Round Robin proficiency testing program involving over 100 global laboratories, and offers custom heterogeneity testing using Pierre M. Gy's Sampling Theory for ore-specific sampling protocol design.
Product overview
Geostats is a mining industry consultancy providing statistical analysis services and certified reference materials (CRMs) to the global minerals industry. The company operates two core product lines: (1) Certified Reference Materials including gold, base metal, low level gold, platinum/palladium/gold, and Au/Ag on carbon series, used by laboratories and mining companies for analytical quality control; and (2) Laboratory Proficiency Testing (Round Robin) programs conducted twice yearly with over 100 global laboratories. Supporting services include Heterogeneity Testing using Gy's Sampling Theory, and Custom Proficiency Testing programs for specific mining company needs. The company has operated since 1992 and is headquartered in Perth, Western Australia.
Differentiator
Problem solved
Functional benefit
Products and services
- Certified Reference Materials (CRMs) Manufactured certified reference materials (standards) at nominal 40 micron particle size, thoroughly blended to near-homogeneity for specific sample matrices. Used by mineral testing laboratories and mining companies to monitor analytical accuracy. Tolerances are assigned using values from the six-monthly Geostats Laboratory Survey.
- Laboratory Proficiency Testing (Round Robin) Bi-annual interlaboratory comparison surveys commenced in 1992, involving over 100 global laboratories assessing analytical accuracy and precision for gold, base metals, sulphur, and carbon analyses. Results compiled using population statistics to identify outliers and calculate overall error and bias. Mining Houses pay a flat fee for full reports; participating laboratories receive edited reports.
- Heterogeneity Testing Service Sampling protocol design service using Pierre M. Gy's Sampling Theory. Establishes appropriate sampling protocols for particular ores and designs sample flow sheets from field through to sample preparation and assaying. Full tests involve 300-500 kg of material with screen fire assay validation to produce nomographs for recommended sampling protocols.
- Assay Pills Pre-packaged assay reference materials for laboratory internal quality control, providing standardized control samples for analytical verification.
- Custom Proficiency Testing Programs Custom proficiency testing programs developed for specific mining companies or laboratory groups, utilizing the existing CRM range or custom materials. Includes programs for SGS LQSi and Rio Tinto Quality Assurance Group.
Companies that use Geostats
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Geostats technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Geostats partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Rio Tinto - Quality Assurance GroupcoreGeostats has been actively involved in quality monitoring of Rio Tinto minesite laboratories and three commercial laboratories since August 2007. The quality monitoring involves two programs - one to monitor accuracy through CRM analysis on a one-per-shift basis, and one to monitor precision through dispatch of routine pulp samples for re-packaging and re-numbering before re-assay. Results are forwarded to Geostats monthly for statistical assessment.
- SGS Laboratory Quality Services International (LQSi)coreGeostats provides certified reference materials to SGS LQSi for use in their monthly proficiency testing program. Samples are labelled and shipped directly to participating laboratories along with reporting paperwork. Participants forward results directly to LQSi for analysis and reporting.
- Over 100 International Laboratories (Round Robin Participants)coreParticipating laboratories span commercial, minesite, and government categories across Argentina, Australia, Botswana, Brazil, Burkina Faso, Canada, Chile, China, Colombia, Dominican Republic, Ecuador, Egypt, England, Eritrea, Fiji, Finland, Ghana, Greece, India, Indonesia, Ireland, Kazakhstan, Kyrgyz Republic, Lao PDR, Mali, Mexico, Mongolia, Morocco, New Zealand, Papua New Guinea, Peru, Philippines, Romania, Saudi Arabia, South Africa, Sudan, Suriname, Tanzania, Thailand, Turkey, Uganda, USA, Zambia, and Zimbabwe.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Geostats competitors and assessment
Company assessmentBroad incumbents
- ALS Global: Global testing services company with major mining and minerals laboratory operations. ALS provides analytical services and internal QA/QC programs for the mining sector, competing broadly with Geostats on laboratory quality monitoring, though ALS also operates as a major lab customer of CRM producers.
- SGS: World-leading testing, inspection, and certification company with extensive minerals and metals laboratory operations. SGS operates LQSi (Laboratory Quality Services International), which is both a customer and a potential competitor of Geostats for mining QA/QC and proficiency testing services.
- Bureau Veritas Minerals: Major global testing and certification group with a dedicated minerals and metals business line. Bureau Veritas provides analytical laboratory services and QA/QC programs for the mining industry, overlapping with Geostats' mining QA/QC consulting and proficiency testing offerings.
- Intertek Minerals: Global quality assurance provider with minerals and mining testing services. Intertek offers analytical services and laboratory quality programs for the mining sector, overlapping with Geostats' QA/QC consulting and CRM distribution to commercial laboratories.
Others
- International Association of Geoanalysts (IAG): Industry body that establishes protocols and proficiency testing programs (GeoPT) for geoanalytical laboratories globally. IAG operates a comparable but distinct proficiency testing scheme that overlaps with Geostats' Round Robin in audience and value proposition.
Direct peers
- Rocklabs (SCION): New Zealand-based manufacturer of certified reference materials and laboratory equipment for mining assay labs. Rocklabs offers CRMs and crushing/milling equipment used in mining quality control, directly comparable to Geostats' CRM products.
- Ore Research & Exploration (OREAS): Australian-based manufacturer of certified reference materials (CRMs) for the mining and exploration sector. OREAS offers matrix-matched CRMs covering gold, base metals, and other elements, directly competing with Geostats' CRM product line and proficiency testing services.
- CDN Resource Laboratories: Canada-based producer of certified reference materials for the mineral exploration and mining industry. CDN Labs competes with Geostats in the CRM market and offers matrix-matched standards for gold, base metals, and PGE across global mining jurisdictions.
Regional players
- Analytical Solutions (ASL): Mining-focused analytical consulting firm providing QA/QC services to exploration and mining companies. ASL offers comparable statistical analysis, sampling protocol design, and laboratory quality consulting services, primarily in regional markets.
Emerging players
- Becquerel Laboratories: Canada-based specialist laboratory providing neutron activation analysis (NAA) services for the mining and exploration industry. Becquerel is a partner of Geostats (performing NAA for the Round Robin survey) and a comparable specialist in mining analytical services.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Geostats social profiles
Digital presenceGeostats compliance and trust
Trust signalCompliance2 records
Geostats financial estimates
Financial estimateRevenue estimate
Valuation estimate
Geostats leadership team
Management profileNumber of profiles
Geostats funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Geostats M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Geostats
What does Geostats do?
Geostats is a mining industry consultancy providing independent statistical analysis of exploration data and metallurgical testwork, laboratory quality control monitoring, and the manufacture and sale of Certified Reference Materials (CRMs). The firm runs the long-established Round Robin proficiency testing program involving over 100 global laboratories, and offers custom heterogeneity testing using Pierre M. Gy's Sampling Theory for ore-specific sampling protocol design.
Is Geostats a public or private company?
Geostats is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Geostats founded?
Geostats was founded in 1992. It employs 11 to 50 people.
Where is Geostats based?
Geostats is headquartered in O'connor, Australia, in the Oceania region.
How does Geostats make money?
Four revenue lines are on record. Technical Consulting Services are the primary driver. The others are laboratory Proficiency Testing Reports, certified Reference Materials Sales and heterogeneity Testing Services.
Who are Geostats's main competitors?
Broad incumbents on record are ALS Global, SGS, Bureau Veritas Minerals and Intertek Minerals. International Association of Geoanalysts (IAG) is listed as an others. Direct peers are Rocklabs (SCION), Ore Research & Exploration (OREAS) and CDN Resource Laboratories. Analytical Solutions (ASL) is listed as a regional player. Becquerel Laboratories is listed as an emerging player.
Does Geostats have an API?
No public API is recorded for Geostats.
What industry is Geostats in?
Geostats's product category is Mining laboratory quality assurance services. Its primary akta.pro industry code is IMAKAKAA, Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling), with a secondary code of BPAHAIAB, Geotechnical & Subsurface Engineering Consulting. Its NAICS code is 213114 and its SIC code is 8734.