Archives: Mineral exploration

With the world’s first hydrogen-reduced sponge iron having just been produced, most of the globe’s iron and steel companies are evaluating how they can continue to play a role in the steel-making industry of the future. The HYBRIT project milestone in Sweden has global ramifications for a sector that is among the three biggest producers[…]

A snapshot of mineral exploration drill rig use in major mining regions globally has revealed Australia, USA and parts of South America are nearing capacity, as the surge in exploration continues unabated, IMDEX reports. In a market update ahead of a presentation to the Macquarie Emerging Leaders Conference, IMDEX said rig utilisation in Australia was[…]

Swick Mining’s latest market update has indicated its postponed demerger of Orexplore should now go ahead by the end of the year, allowing it to concentrate on the development of new underground drilling technologies including battery-electric diamond drill rigs and remote control drilling. In a release issued today, Swick said it was recommencing the demerger[…]

Chrysos Corp has announced that its ground-breaking PhotonAssay technology has now assayed over one million customer samples. The milestone comes amid accelerating demand for the technology, which has seen the number of samples analysed more than triple in the last six months, the Australia-based company said. Driven in part by increasing industry focus on safety,[…]

Reedy Lagoon Corp says it is working with Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) to investigate and trial new ways to determine resource estimates that can rely more on geophysics than solely drill hole information. The ASX-listed explorer has engaged with CSIRO to develop a method of determining magnetite resources using petrophysically-constrained magnetic[…]

LKAB, Minalyze AB and Sentian say they have joined forces in a consortium to develop the latest technology for scanning drill core. In March 2020, LKAB started a test with the Minalyzer CS drill core scanner where the goal was to improve the workflow for core logging – ie how the results of exploration drilling[…]

CORE Innovation Hub and BHP are set to launch the first centre of excellence in Newman, WA, providing support for the Mining Equipment Technology and Services (METS) industry. The specialist METS business hub, co-working and education space “will support the region and the surrounding mines, demonstrating a strong commitment to investment in future skills and[…]

Boart Longyear, one of the world’s leading diamond driller technology and service companies, recently announced the expansion of its technology development activity at the NORCAT Underground Centre in concert with the opening of NORCAT’s new state-of-the-art surface facilities at the centre. The global diamond drilling industry is experiencing increased surface and underground exploration work that[…]

Novo Resources Corp advises that it has signed a 3-year agreement (with an option to extend to 6 years) with Intertek Testing Services (Australia) Pty Ltd, a wholly owned subsidiary of Intertek Group, for the provision of on-site laboratory and sample preparation services and PhotonAssay services. Intertek will manage an on-site laboratory at the company’s[…]

Major Drilling Group International Inc has announced that it has entered into an agreement to acquire all of the issued and outstanding shares of McKay Drilling Pty Ltd, a leading speciality drilling contractor based in Perth, Australia for an amount up to A$80 million, or approximately C$75 million. Founded in 1990, McKay is considered a[…]