TORONTO and LIMA, Peru, March 24, 2023 (GLOBE NEWSWIRE) — STRACON Group (“STRACON” or the group“), a leading mining services group focused on the Americas, majority-owned by global asset manager Ashmore Group plc ASHMtoday announced the acquisition of OMT SpA (“OMT“), a Chilean engineering and technology company specialized in the implementation of communication technologies for the mining sector. (the “acquisitionThe acquisition further strengthens STRACON’s digital technology capabilities and, together with the recent acquisition of AMECO South America, expands the group’s footprint in Chile. Terms of the acquisition were not disclosed.

Today’s announcement marks STRACON’s second technology acquisition following the purchase of Deep Pit Technology in Peru in 2022 (“deep pit“). Deep Pit’s flagship software suite MineExpert uses artificial intelligence to optimize mining production. As part of STRACON Technologies’ digital solutions group, both OMT and Deep Pit will help support the digital transformation of mines.

STRACON has prioritized technology solutions as a key component of its strategy to expand its role as a leading partner and service provider for mining companies. Through its subsidiary STRACON Technologies, the Group offers a wide range of solutions for digital and artificial intelligence, cyber security, hybrid infrastructure and energy technology. The effective implementation of digital technology can enable mines to achieve improved efficiency, safety and sustainability during their construction phase and throughout their operational lifecycle.

“I would like to welcome OMT to the STRACON family. We recognize the power of digital technology to transform the mining sector and the addition of OMT greatly expands our capabilities in this space,” said Steve Dixon, CEO of STRACON Group. “This acquisition is just the latest in our ongoing quest to strengthen our position as a leader in mining innovation, after last year…