Swedish engineering company Sandvik has agreed to acquire Newtrax Technologies Inc, a Montréal-based provider of internet-of-things and analytics technology for monitoring underground operations.

Newtrax Technologies, a leading provider of safety and productivity systems for underground hard rock mines – has been acquired by Swedish business Sandvik to be run as an independent business unit ...

SANDVIKEN, Sweden, June 17, 2019 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of Newtrax, a supplier of technology in wireless connectivity to monitor and provide ...

Newtrax is headquartered in Montréal, Canada and in 2018 the company generated revenues of about 26 million CAD with 120 employees. Newtrax will be run as an independent business unit within the ...

Sandvik and Glencore have expanded an existing partnership to include the Newtrax OEM-agnostic proximity detection and collision avoidance technology, supporting Glencore’s ambition to become a leader ...

Sandvik’s acquisition of privately-owned Canadian firm Newtrax, and Jolimont Global Mining Systems’ exit five years after it invested in the fast-growing mining technology company, adds to the M&A ...

Heavy traffic, large equipment, poor visibility and blind spots create the potential for accidents in an industry that demands world-class operational performance and has the expectation of zero harm.

Kibali is tracking towards the top-end, or better, of its 750,000oz production budget, thanks in large part to the underground operation firing on all cylinders and setting new mining and shaft ...

Newtrax is headquartered in Montreal, Canada, where the company generated revenues of approximately 26 million CAD with 120 employees in 2018. The combined expertise of Sandvik and Newtrax will create ...

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