Archives: Mineral exploration

Chrysos’ PhotonAssay technology is set to make a debut in the Western Africa market after Capital Ltd’s MSALABS signed a provisional five-year agreement with Societe Des Mines De Morila SA at the Morila gold mine in Mali. The mine, which has an existing drilling contract with Capital Ltd, is 80%-owned by Firefinch. The ASX-listed company[…]

Wilhelmsen and NorSea have together acquired an 18% stake in Norway-based deep-sea mining company Loke Marine Minerals. This will see the two companies invest and subscribe for, in aggregate, NOK85 million ($9.6 million) in an ongoing NOK115 million private placement of equity in Loke. Loke was established in 2019 by experienced off-shore energy leaders and[…]

Artificial intelligence-based geological data analytics company, OreFox, has successfully secured funding via the Queensland METS Collaborative Projects Fund to further its geological mapping efforts at the Mount Chalmers mine site in Queensland, Australia. The Queensland METS Collaborative Projects Fund is delivered by METS Ignited with funding support from the Queensland Government as part of its[…]

Bentley Systems’ Seequent business unit has acquired Imago Inc, a developer of cloud-based software for the capture and management of geoscientific imagery. The acquisition, which comes only a month after announcing the purchase of Aarhus GeoSoftware, will expand Seequent’s technology solutions portfolio while boosting cloud capabilities to help geoscientists and engineers solve earth, environment and[…]

SGS metals and minerals trade commodities group has started expanding its lab facilities in Spijkenisse, Rotterdam, following a rising demand for testing services. The company began the construction of its new, state-of-the-art laboratory in April. This expansion, which is expected to be completed by December 2021, will double the capacity and improve turnaround times of the[…]

IMDEX says it has combined two “gold standard” data analysis products to produce a powerful workflow that delivers results applicable across the mining value chain, from exploration to production. The combination of IMDEX ioGAS™, a leader in geoscience analysis, with IMDEX aiSIRIS™, a leader in spectral mineralogy interpretation, provides the user with a powerful solution[…]

OZ Minerals, in partnership with Titeline Drilling, has commenced a trial to test a hydrogen direct injection system to improve engine combustion efficiency for surface diamond drill rigs. The system has the potential to reduce emissions of greenhouse gases and particulates, as well as improve fuel consumption, according to the company. The news came out[…]

acQuire has advanced its flagship GIM Suite product with a new release that, it says, includes a raft of brand-new features plus a transition to a new cloud-based licence model. GIM Suite 5 has been built for the future of data management, with the aim to improve the way geologists and miners manage their geological[…]

Advanced drill core imaging technology being developed by College of the North Atlantic (CNA) and trialled at Iron Ore Company of Canada’s (IOC) site in Labrador, Canada, has received federal and provincial government backing to the tune of C$4.5 million ($3.6 million). The Government of Canada, together with the Province of Newfoundland and Labrador, believe[…]

Rio Tinto has approved a $108 million investment in underground development to enable early orebody access and undertake orebody characterisation studies for underground mining at the Kennecott copper operations in the US located in Utah near Salt Lake City. The mine is also commonly known as Bingham Canyon. The investment builds on $25 million approved[…]