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Veracio

Orebody knowledge technology company delivering core scanning, AI-powered logging, and cloud data management for exploration geoscience.

Unclaimed
HQ Salt Lake City, USA
Size 201-500
veracio.com
LinkedIn

About Veracio

Veracio was created in February 2023 as a standalone company from Boart Longyear's Geological Data Services division, representing the strategic separation of the drilling OEM's decade-long investment in sensing, automation, and AI into a dedicated geoscience technology business. Under CEO Annelie Lundström (former co-founder of Minalyze, appointed June 2024), Veracio's mission is to transform how the mining industry captures, analyses, and interprets geological information from the drill core.

The company's portfolio expanded significantly with its US$29.3M acquisition of Swedish core scanning pioneer Minalyze in September 2023, consolidating Veracio's position as a global leader in core scanning technology. Solutions span the full workflow: in-field scanning via TruScan and Minalyzer CS hardware, AI-powered structural logging (TruStructure) and lithological logging (AutoLogger), 3D visualisation (Minalogger), and cloud data management (Strata). Clients include Newmont, Foran Mining, Sierra Gorda, and Idaho Copper.

— Written by the MSR editorial team

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Company Details

HQ
Salt Lake City, USA
Company Size
201-500
LinkedIn
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