Archives: Mineral exploration

Nusantara Resources has awarded the front end engineering and design services (FEED) contract for its Awak Mas gold project, in Indonesia, to PT Petrosea Tbk. The FEED contract is one of three critical path items in 2020, along with tailings storage facility design and permitting, and land access, and forms part of a $30 million[…]

Mining technology services company, Windfall Geotek, says it has launched a new drone-based solution for artificial intelligence (AI) driven digital exploration in mining. A services company using AI with a portfolio of gold, copper and zinc properties in Quebec, Canada, Windfall Geotek has been using AI and advanced knowledge-extraction techniques since 2005 in the mining[…]

The latest provincial government-mandated restrictions to address the COVID-19 situation have seen miners down tools at operations in Quebec, Canada. Announced on March 23, the order was for the shutdown of all non-essential businesses and services for a period of three weeks, starting on midnight on March 24. While mining was listed as one of[…]

Master Drilling has announced that it has fulfilled all the necessary conditions to acquire Geoserve Exploration Drilling, increasing the South Africa-based company’s ability to offer exploration drilling, reverse circulation drilling, geotechnical investigations and grade control drilling services. In its 2019 financial year results, released today, it said the relevant competition commission had approved the transaction[…]

As the mining industry goes deeper in search of new deposits, IMDEX is encouraging companies to embrace new drilling technology to allow them to test more targets, decrease the time it takes to define a resource and improve exploration activity. IMDEX Global Product Manager, Nick Payne, says more money than ever is being spent on[…]

Descartes Labs, a New Mexico-based geospatial analytics company, has announced the availability of its Advanced Mineral Exploration Package, a specialised data platform and modelling workbench for exploration geology and data science teams to access remote sensing and machine learning capabilities globally. The Advanced Mineral Exploration Package lets clients integrate in-house data with the platform, giving[…]

The Brazilian Mining Association (IBRAM) has announced that it has signed a Memorandum of Understanding (MOU) with the Toronto Stock Exchange (TSX) and TSX Venture Exchange, (TSXV) to establish a relationship to increase investment in the Brazilian mining sector in the coming years. The MOU is expected to open up perspectives for expanding geological research,[…]

On a recent investor site tour, the management team at Newmont’s Penasquito gold mine emphasised the massive potential of the mine to become “the next Boddington” but also gave some detail about efforts in the near term to transform the operation by eliminating constraints, reducing costs and increasing productivity, collectively referred to as its Full[…]

IMDEX says it intends to showcase innovative new technologies at this year’s Prospectors & Developers Association of Canada (PDAC) convention in Toronto, Canada, this week. IMDEX will feature its patent-protected drilling technologies IMDEX COREVIBETM and IMDEX XTRACTATM ay the event, which attracted over 25,000 attendees last year, and will launch the IMDEX SURVEY-IQTM app where[…]

GoldSpot Discoveries Corp says it commends Yamana Gold Inc on its strong reported fourth quarter and full year 2019 results and also highlights Yamana’s mention of the use of machine learning technology to improve exploration targeting and also contribute to the meaningful increases in mineral resource inventory at its El Peñón underground gold mine in northern[…]