Vela Software Acquires Snowden

July 17, 2020 – Datamine, a division of Vela Software (“Vela”), and Constellation Software, Inc. (TSX: CSU) announced that it has acquired Snowden, incorporating the Supervisor and Reconcilor software solutions and its well-regarded advisory consulting business.

Supervisor is a complementary solution to Datamine’s existing resource estimation suite, offering a simple intuitive interface and workflow, advanced local and global estimation optimisation functionality and compatibility with all major mine planning software packages.

Reconcilor provides a robust system to identify differences between grade and tonnage estimates, plans and actual mine production. The Reconcilor solution is highly complementary to Datamine’s inventory tracking and metal balancing solutions, with several customers already using the combined systems.

The Snowden advisory consulting business extends Datamine’s service offering with an experienced team of Competent and Qualified Persons to produce high quality resource estimates and advice across all commodities, mineralisation styles and regions. We can cover all major reporting codes including JORC, SAMREC and CIM, applying industry best practice techniques. Services cover exploration review and management, grade control analysis and optimisation, resource evaluation and estimation, advanced geostatistics, auditing and review and risk analysis studies.

John Bailey, Executive General Manager at Datamine, said “We are excited to acquire the Snowden business which aligns closely with our existing offering to the mining industry. Snowden has a strong, expert brand with a wealth of experience, and has developed industry-leading products that complement Datamine’s software portfolio”.

“Snowden has a proud 33 year history, evolving from a geological consulting company to a diversified advisory consulting, software and training business,” said Tarrant Elkington, Global Manager, Snowden. “This acquisition marks the next step on our growth journey. I am pleased that the Snowden brand will continue. The software expertise and global footprint of Datamine offers tremendous opportunities for the growth of our business and to improve the experience of our clients.”