Tag Archives: IMDEX

IMDEX adds rock knowledge component to ‘answer products’ with AusSpec buy

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IMDEX has acquired AusSpec, an industry leader in automated mineralogy to the mining sector, in an A$8.5 million ($5.9 million) cash and shares deal.

The deal closes a technology gap for IMDEX around rock knowledge, complements its existing tools that add value across the entire mining chain from exploration to production, and has the potential to expand its offering with major mining companies, according to IMDEX.

AusSpec Co-founder and Director, Dr Sasha Pontual, and the AusSpec team will join IMDEX, the Australia-based company said.

The deal for New Zealand-based company unlocks access to AusSpec’s unique, cloud-based Artificial Intelligence Spectral InfraRed Interpretation System (aiSIRIS) technology, IMDEX says.

aiSIRIS is proven technology that has processed more than two million spectra from more than 1,000 mining projects across the globe and has enabled AusSpec to build up an extensive spectral library, according to the company. It involves the acquisition of spectra from hand-held spectrometers, the QA/QC of spectra to ensure quality for processing in real-time and uploading the data for the cloud-based aiSIRIS AI compute engine to analyse the spectra, according to AusSpec.

“aiSIRIS complements IMDEX’s existing in-field GeoAnalysis solution and integrates with IMDEX ioGAS™ software to provide further interpretation and analysis,” IMDEX said.

IMDEX Chief Executive Officer, Paul House, said the acquisition reflects the company’s continued drive to provide more complete rock knowledge to clients through real-time technology.

“The aiSIRIS technology fundamentally changes the approach to mineralogy,” he said. “There is nothing else like this in the industry.

“Without it, the alternative workflows are costly and time consuming. This makes mineralogy routine and establishes the industry standard.”

House said the AusSpec team was a strong strategic fit for IMDEX, providing a “compelling opportunity to accelerate our rock knowledge offering for clients”.

He added: “Every mine in the world makes decisions on the four components of rock knowledge – location, texture, grade, and mineralogy. Our technology stack currently addresses three of these components and aiSIRIS satisfies the fourth – mineralogy.

“Creating answer products, such as mineralogy, from field data in near real-time, is a big part of our vision and this is just another step in our goal to be the global leaders in creating rock knowledge for resource companies.”

The acquisition price comprises A$3 million in cash, and A$5.5 million in IMDEX shares over two years.

IMDEX ready for mining uptick as global COVID-19 restrictions start to lift

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IMDEX is seeing light at the end of the COVID-19 tunnel, with some restrictions affecting its international operations to be eased during May and June, prompting mining operations to resume and drilling contractors to return to work.

With 20 offices internationally, sales in 102 countries, and a presence in 70% of mineral drilling projects globally, the company and its clients have been dealing with restrictions and government declarations in multiple jurisdictions, IMDEX said.

The restrictions have not affected IMDEX’s supply chain and it has been able to service clients, it says.

Mexico has recently emerged from a 30-day, COVID-related shutdown after mining was deemed an essential service, joining South Africa, Argentina, Peru and parts of Quebec and Brazil as countries where operations have recently started ramping back up.

In Australia, IMDEX and its clients have been able to continue operations while working within state restrictions, it said.

In a presentation hosted by Goldman Sachs released to the ASX, IMDEX said business disruption appeared to have stabilised and there had been an increase in demand in late April for remote working technologies.

The company had followed a strong first half-year result (six months to December 31, 2019) with its strongest March quarter revenue on record, up 11% on the same period of 2019, before the effects of the COVID-19 crisis hit during April.

Chief Operating Officer, Paul House, said the company was fielding enquiries from clients looking to resume operations. At the same time, the company was alert to the risk of renewed government and company responses to secondary COVID-19 infections.

“As we see restrictions being lifted, we are receiving enquiries from our clients asking for confirmation of supply to remobilise on drilling projects around the world and we expect this to continue through May and June,” House said. “We are establishing new ways of working internally and with our clients, which will continue and be beneficial when the pandemic eases.

“IMDEX invests heavily in research and development. We have always worked with industry to solve problems and this period is no different. It just means that we have to think creatively – and we have some of the best in the business at doing that.”

He added: “We have a positive growth outlook with solid underlying mining industry fundamentals. Major and intermediate resource companies have strong balance sheets and are focused on replacing reserves.”

IMDEX is also set to benefit from the strong gold mining sector, with House noting that Bank of America recently forecast “gold would hit $3,000/oz in 18 months”. The price currently sits just above $1,730/oz.

About 50% of IMDEX’s commodity exposure is within gold, with copper and iron ore exposure representing 25% and other metals the remainder.

IMDEX evaluates the mining industry’s emerging trends

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IMDEX says its global footprint in key mining regions throughout the world gives it an important glimpse of the some of the emerging trends and challenges facing the sector, trends that were taking shape prior to the onset of COVID-19.

Leveraging technology, or, more specifically, the cloud, is one development the Australia-based company has noted in recent years.

“The global minerals industry has turned to technology to improve safety, enhance efficiencies and reduce the cost of exploration and extraction,” it said.

When people think about innovation, most minds turn to autonomous haulage or remote operations, but there is an enabler to this innovation, according to IMDEX: the cloud.

Companies, not least of which those in the mining services and resources sector, are utilising cloud platforms to store data remotely and retrieve it via the internet. Remote mining operations using an array of software, sensors and communications are becoming routine because of these systems, IMDEX says.

But the cloud also provides the opportunity to improve productivity.

IMDEX General Manager, Product Development, Dr Michelle Carey, said clients were increasingly wanting to use the cloud because it enabled them to get data faster and in real time.

“We refer to it as the single source of truth,” Dr Carey said. “Accurate, reliable data delivered in real time that can be seen simultaneously by many people, which then enables real-time decision making.

“It also means there are no issues about the chain of custody. Using the cloud gives clients the confidence that no-one has tampered with the data so they can make decisions based on data they trust.”

Business’ enormous appetite for the collection and storage of data is making these platforms increasingly popular, according to IMDEX. A decade ago, it would have been unthinkable that companies would be sharing computing and IT resources over the internet. “Today the cloud is a business imperative,” it said.

The resources sector, once satisfied its concerns regarding access and data security were met, have been quick to capitalise on cloud computing.

Cloud computing of course does have its downside (similar to any technology). To work properly, cloud systems require reliable internet access. That is increasingly becoming essential on even the most remote mine sites.

EY’s September 2019 poll of mining executives indicated that ensuring digital (and data) effectiveness continues to rank within the top risks for their respective organisations. EY also noted further that cloud-related investment will account for the largest share of technology spend (over the next two years) in more than 50% of companies.

IMDEX has been in the cloud for over 10 years and is renowned for its real-time, subsurface intelligence solutions with numerous sensors on the drill site, at the core farm and increasingly on the bench collecting high-quality data, it said.

These technologies can be connected to IMDEXHUB-IQ™ – a cloud-based web portal that collects, stores and provides critical operational data. This data is protected through a validated chain of custody and a secure database, accessible from any internet connection to smart phone, tablet or PC, according to IMDEX.

Social licence to operate

According to IMDEX, the notion of licence to operate is evolving, with society expecting more from organisations.

“Once, companies in the minerals and resources sector focused primarily on ensuring compliant operations,” IMDEX said. “Today, compliance is just ‘step-one’… the minimum standard.”

The company added: “External stakeholders are scrutinising companies more than ever; how an organisation is managing environmental responsibilities and the health and safety of their workforce. They are insisting on local content and strong community investment; ensuring there’s support for local indigenous communities and that a company is committed to addressing climate change.”

The effective management of these requirements ensures the community will have confidence in an organisation, granting their social licence because they trust the company.

Earning trust and confidence is seeing a shift in how organisations structure the management of community stakeholders, according to IMDEX.

IMDEX said it will include additional economic, environmental and social impacts of its activities in its 2020 annual report, with the aim of preparing a sustainability report in accordance with Global Reporting Initiative standards within three years.

Dr Carey said IMDEX already had a suite of products and services that supported the sustainable operation of mining industry stakeholders.

“Our technologies improve productivity by providing information that affects decisions throughout the life of the mine, but they also have sustainability and environmental benefits,” Dr Carey said.

“The technologies enable clients to understand material properties accurately at a finer scale, and in real-time, enabling them to mine with less waste and process ore more effectively.

“Improved precision in exploration, drilling programs and mining means a reduction in waste. Things like our Solids Removal Units and BOS tool means reducing the use of water during the drilling and the size of the footprint disturbed during drilling.”

Making the most of cloud-connected drilling tech during COVID-19

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Drilling contractors and resource companies impacted by COVID-19 restrictions can continue to operate by using cloud-connected sensors that deliver and analyse critical data, according to IMDEX.

Despite restrictions disrupting travel and work, IMDEX says key staff can still make time-critical decisions backed by accurate data delivered in real-time.

IMDEX says most of its clients have indicated they intend to keep operating while working within government-imposed restrictions in each region globally, and with the main priority of keeping their workers safe.

“People are still trying to work,” IMDEX Structural-IQ Global Product Manager, Nick Payne, said. “We are working with all our clients to find solutions to keep them operating and safe in these difficult circumstances.”

Existing IMDEX clients using a range of instruments already have access to the IMDEXHUB-IQ™, which the company says is a secure, cloud-based portal for validating field data transmitted from the drill rig.

IMDEXHUB-IQ Global Product Manager, Tara Bennett-Connell, said this was the perfect time to access, review and take time to analyse data, using IMDEXHUB-IQ.

It is ideal for applications across the exploration life cycle, providing efficient drill hole and sample data management, from daily reporting and QA requirements to structural logging, survey, and geochemical analysis, according to the company.

While IMDEX HUB-IQ was available free to clients already using IMDEX tools, some companies were still opting to use tools where data was being transferred via email and USBs, according to Bennett-Connell.

“More secure, efficient and reliable methods are available, and when you can’t get access to the data through those old methods, it’s time to change,” she said.

IMDEX clients were assured of data security, it said, with IMDEX HUB-IQ having been certified against the rigorous standards of ISO/IEC 27001:2013, an international information security standard recognised in 161 countries.

Other IMDEX technologies that can keep clients working from home include geochemistry and structural geology analytics instrument IMDEX ioGAS™. This is an exploratory data analysis software application that enables users to perform exploratory data analysis, machine learning and predictive analytics, according to the company.

The software can be used in conjunction with REFLEX IQ-Logger™ and IMDEX MUD AID™, IMDEX says.

Payne said now was the right time to consolidate and verify structural data collected by the Reflex IQ-Logger and available in the IMDEXHUB-IQ, and conduct a rigorous structural assessment using IMDEX ioGAS, all of which can be done while working from home.

“Drill programs can be re-assessed and modified, with the new plan available in the IMDEXHUB-IQ for when drilling resumes,” IMDEX said.

Payne said the critical difference for clients using IMDEX ioGAS was that licences could be altered to allow operators to use it on PCs.

“More than half of the people who have IMDEX ioGAS have a server-based licence,” Payne said. “If you cannot access your server, we can change the licence to your PC, and you can keep working.”

It is not just geological data delivery and interpretation that IMDEX solutions can provide for remote scenarios, the company says. IMDEX MUD AID is a remotely monitored, automated in-field diagnosis unit which enables remote assessment of drilling fluids, negating the need for a mud engineer on-site, according to the company.

Avoiding hit and miss drilling programs

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As mining companies go further afield and explore under cover to replace diminished reserves, deep directional drilling on existing sites is increasingly becoming part of their campaigns, according to IMDEX.

There is plenty to consider before embarking on a drilling program, including traps in chasing the cheapest price if it fails to deliver, by not hitting the target.

IMDEX Global Lead, Directional Drilling, Kelvin Brown, and General Manager, Product Development, Dr Michelle Carey, discussed the issues in a recent webinar, ‘Directional Drilling: Strategies and technologies to stay on target and not blow your budget’.

Dr Carey said statistics revealed that directional drilling was increasing and is estimated to grow to around 20% of a drilling program.

“As we all know, it’s getting harder and harder to make discoveries,” Dr Carey said. “A lot of the reason for that is that increasingly we’re having to go under cover.

“What that means, in reality, is that instead of going into a greenfield site, people are going to their existing deposit to start drilling plans. Rapidly you find yourself in a situation where you are drilling quite deep holes, and you’re drilling quite deep holes where you have a target in mind.

“The other thing is the cost of drilling is going up, so we’re actually getting less bang for our buck.

“So really what we need are technologies and approaches that allow us to control cost as we drill deeper, and really balance out cost versus risk. It is not just about low cost – if it means you do not hit your target. It becomes increasingly important that we all know how to do it well.”

Dr Carey and Brown discussed a range of technologies and products designed to increase drilling productivity and efficiencies, including drilling fluids.

“There is an amazing amount of technology available now to help you in your cause of optimising your drilling program. It’s drilling with data,” Dr Carey said. “This is all technology that people have available to them now.

“In directional drilling, we offer downhole motors, one of a number of different technologies for directional drilling which has the combined advantage of flexibility and driller operability. You have got the fluids, which can be critical to how successfully your program runs and IMDEX MUD AID™, which allows you to monitor that.

“And, complementing the fluids, you’ve got a solids removal unit which, again, is optimising your fluid system, removing cuttings, things like that contribute heavily to how successful your drilling program is.”

The other critical technology in directional drilling is the survey tool. Brown said selecting the right survey instruments that could quickly provide the best data, faster, translated into a lower cost.

“The sooner you have it, the sooner you can make a better decision,” he said.

And, for Dr Carey, that means using the data to alter the drilling plan, if required, rather than “blindly going forward” with the initial plan.

“It’s incredibly important that you know when to pause when certain things happen and say, ‘here was our plan, but now we have some data and our plan has changed; let’s step back, plan again and go forward’,” she said.

Brown added: “You need to pay attention to the data. If the hole goes on and it is not going where it needs to go, it won’t fix itself.”

A good relationship with the drilling contractor is also essential, with Brown saying some contracts appear to have “punishment clauses” for failing to hit the target.

That approach has unintended consequences, according to Dr Carey.

“It actually causes people to cheat,” she said. To start manufacturing survey data to ensure they stay within the target zone and that is not the outcome you want.

“Another thing we do see sometimes is that people might have contracts put in front of them with what looks like an attractive rate for doing deep drilling and directional drilling; in fact it looks so attractive that you know they are not going to be able to get the job done for those price tags. Although it seems tempting to sign up to those contracts, you are not doing yourself any favours.”

Brown said: “Things look simple when everything is bundled into a cost per metre, but when it comes to directional drilling everyone needs to understand that there is a time component and you have to be conscious of that.

“If it is about hitting the target, it’s about hitting the target. There is no point having a cheap hole that misses the target.”

IMDEX urges miners to explore cloud-based options

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IMDEX’s Dr Michelle Carey and Gervais Perron say the mining technology company’s focus on providing companies with the tools to make real-time decisions in the field can offer improvements across the entire mining value chain.

The company is leveraging developments in communications, data storage and cloud technology to provide the mining industry with applications that can fundamentally improve their operations, it says.

Dr Carey, IMDEX General Manager, Product Development, and Perron, Principal Geoscientist – North America, used a workshop at the Prospectors and Developers Association of Canada Convention, in Toronto, in March, to focus on real-time decision making in exploration.

“Our technologies are based on increasing rock knowledge by providing trusted data in real time, to allow clients to make the right decisions at the lowest cost possible,” Dr Carey said.

“That is achieved by enabling clients to drill faster and smarter, receiving accurate subsurface data, having our tools linked to the cloud, and by using the power of the Internet of Geosensors.

“IMDEX is working across the mining value chain in order to change the equation.

“What if your team test more targets and/or decrease the time it takes to define a resource? “Would that be a game changer?”

IMDEXHUB-IQ is at the centre of the company’s solutions – from navigation to driller operable geophysics – and enables the efficient transfer of data from the field to the office, according to the company. It provides secure access to validated data, seamlessly transmitted from a range of sub-surface instrumentation, analytical instruments and mobile form data inputs, IMDEX says.

IMDEX recently said miners were starting to see the benefits of this cloud connectivity, with, at the end of December, 58 of IMDEX’s top 100 clients “HUB-enabled”, up from 49 clients as at June 30, 2019.

Perron said: “Drilling data is the primary source of information used to inform the major investment decisions made by a resource company.

“In our opinion, this needs to be done right from the beginning. Not doing so, can lead to misunderstandings that can have major repercussions down the road.

“The technology is available. Real-time data enables better, faster and more confident decisions to be made.

“At IMDEX, our vision is that all our geoscience sensors we put out there are connected to the cloud for easy and fast access, anywhere, anytime.”

IMDEX urges miners to embrace new drilling tech

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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 drilling programs without achieving better outcomes.

Speaking at the annual Xploration Technology Symposium in Vancouver, Canada, in January, Payne said more time was being spent to drill less and to find less.

“It is taking us longer to complete drill programs as holes get deeper and by extension taking us longer to evaluate a discovery,” he said in his address.

“We are now drilling deeper than ever before; we are looking for deposits that are 500-1,000 m deep because we have found the shallow deposits.”

Payne said that, in the past 12 years, the cost of drilling had increased without an increase in the metres drilled.

Several factors were responsible, including greater drilling rig safety standards; greater environmental and cultural concerns and limited access to land; increased cost of permits; more requirements for verifying data; and a greater emphasis internally among mining companies for QA/QC standards and data verification.

“But overall, the one aspect that hasn’t improved since 1958 is that there has been very little technological innovation to improve the amount of metres you can actually drill in your drilling time,” Payne said.

“Wireline drilling was introduced in 1958. By the late 1980s, after the introduction of impregnated diamond bits, drill programs averaged about 30 m per shift now they are still about 30 m/shift globally. So, we have now looked at how we can drill more in the time we have available.”

The issues around exploration costs and technology were raised at a recent WA Mining Club panel discussion.

Pilbara Minerals, Perseus Mining, and IMDEX Non-Executive Director, Sally-Anne Layman, said that, “for explorers, the days of the equity markets writing big cheques for blank exploration programs are probably not going to come back any time soon”.

Panellist Liam Twigger, Managing Director at PCF Capital, said that “in the 1990s, for every dollar you spent on exploration, you would normally find something”.

“Now things have gone below surface and we were still, until recently, using the old techniques. If you want to get money into exploration you have to change the value proposition,” he said.

“There is high risk capital out there, you just have to show them that when they put a dollar in it’s not going to drop to 10 cents inside the first six months.”

IMDEX’s aim is to drive change through research and development that delivers innovations allowing drilling contractors and mining companies to test more targets, decrease the time it takes to define a resource and improve exploration activity.

It has developed IMDEX COREVIBE™, IMDEX MAGHAMMER™ and IMDEX XTRACTA™ technologies to optimise the drilling process by increasing drilling speeds, time spent drilling and reducing overall drilling costs.

IMDEX COREVIBE is an energy pulse-assisted drilling method, which harnesses water that is being pumped down the drill rod.

“It is an attachment to the top of your core barrel which creates a vibration in the core barrel and into the drill bit, delivering a micro-hammering effect and this gives about a 30% increase in productivity in drilling,” Payne said.

“It increases the penetration rate of your drilling and helps working core blockages through where normally you would have to stop and pull the rod; the vibration helps clear the core blockage.”

IMDEX XTRACTA is a retractable core barrel that allows drillers to inspect and/or change the drill bit each time the core is retrieved, according to IMDEX.

“This means there is a production gain because you never have to pull rods to change the bit. It reduces the risk of a hole collapsing and gives the driller chance to be a bit more aggressive and to experiment with drill bit types,” Payne said.

IMDEX MAGHAMMER uses a new hybrid drilling technique, which combines rotary diamond drilling with fluid driven percussive drilling to achieve higher penetration rates compared to conventional coring, according to the company.

IMDEX XTRACTA will be available in the market by the end of 2020 and IMDEX COREVIBE by mid-2020. Field trials are continuing with IMDEX MAGHAMMER.

IMDEX to showcase COREVIBE, XTRACTA and SURVEY-IQ at PDAC

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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 users can monitor all IMDEX survey tools from one interface.

IMDEX COREVIBE uses high frequency, energy pulse-assisted drilling for wireline coring, providing a significant improvement in drilling productivity.

Test results validated by international inspection and verification company SGS show the IMDEX COREVIBE has delivered up to 30% improvement in core drilling productivity, according to IMDEX.

IMDEX XTRACTA enables drill bits to be inspected or changed without retrieving the rods, and has undergone extensive testing, with verified results showing safety and productivity gains, IMDEX says.

IMDEX SURVEY-IQ, meanwhile, can boost productivity by up to four times compared with conventional apps, according to the ASX-listed company.

IMDEX Chief Executive, Bernie Ridgeway, said: “The annual four-day convention, held this year from March 1 to 4, has grown in size, stature and influence since it began in 1932. It welcomes mining professionals from all over the world.”

IMDEX personnel including General Manager of Product Development, Dr Michelle Carey, Chief Geoscientist, Dave Lawie, Global Business Development Director, Derek Loughlin, and Principal Geoscientist, Gervais Perron, will be presenting at IMDEX’s seminar series.

With more than 20 years’ experience in the global mining industry working across multiple organisations including BHP and WMC, Dr Carey is an expert in developing products for the mining sector, IMDEX said.

Lawie will discuss the latest in leading exploratory data analysis software application, ioGASTM 7.2, explaining its speed and other benefits over traditional interpretation methods.

Loughlin has more than 30 years’ experience within the mining and drilling industry and will deliver a presentation on A New Wave of Drilling Optimisation, IMDEX said.

He will explain how IMDEX COREVIBE and IMDEX XTRACTA are creating a paradigm shift in drilling optimisation, the company added.

Dr Carey and Perron will discuss Real-time Decision Making in Exploration and explain how new technologies can assist in making better decisions in the field or in the office using survey instruments through to geochemical and petrophysical sensors.

The free workshops will be held on March 3.

IMDEX continues to connect with clients as new tech trials gain momentum

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A record half-yearly revenue and progress with new technologies such as COREVIBE™, XTRACTA™ and MAGHAMMER™ has IMDEX riding a positive wave.

The company recorded revenue of A$127.9 million ($86 million) in the six months ending December 31, 2019, up from A$125 million a year ago.

IMDEX said it was present on around 70% of drilling programs globally, providing an opportunity to market a wider range of products to clients. Some 35% of its revenue in the six-month period was generated in Asia Pacific, 45% in the Americas and the balance in Africa and Europe, it explained.

And the company also singled out its cloud connectivity platform IMDEXHUB-IQ™ – which provides secure access to validated data, seamlessly transmitted from a range of sub-surface instrumentation, analytical instruments and mobile form data inputs – during the results. At the end of December 2019, IMDEX said 58 of its top 100 clients were “HUB-enabled”, up from 49 clients as at June 30, 2019.

The company completed its acquisition of Flexidrill in January and it provided an update on the status of the patent-protected drilling productivity technologies that came with this addition, COREVIBE and MAGHAMMER, in its results.

It said successful client trials with COREVIBE were undertaken throughout its financial year first half. “These trials continue to validate the significant benefits of this unique technology, including substantial increases in productivity,” it said. For the balance of its 2020 financial year, IMDEX said it has a full pipeline of client trials and was confident of converting trials into active rentals.

XTRACTA, which complements COREVIBE and MAGHAMMER by allowing drillers to change the bit when core is retrieved, has been extensively trialled at IMDEX’s test site in New Zealand for the past 12 months and client trials are scheduled to commence late in the March quarter, it said.

Development of the MAGHAMMER at its test site is also progressing well, IMDEX said, and the company intends to commence client trials in the June quarter.

IMDEX data security processes receive ISO/IEC recognition

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IMDEX has received recognition for its information security management system and processes, being certified against the ISO/IEC 27001:2013 standard recognised in 161 countries.

The certification demonstrates the company operates an information security management system that is compliant with its mandatory requirements, has systematic processes for managing information security risks, and has implemented controls mandated by the standard, IMDEX said.

The news is of particular importance considering the rising popularity of IMDEX’s cloud connectivity platform, IMDEXHUB-IQ™ – which provides secure access to validated data, seamlessly transmitted from a range of sub-surface instrumentation, analytical instruments and mobile form data inputs.

“With cyber threats recognised by consultancy experts EY as one of the top 10 business risks of 2020, IMDEX’s certification means its clients’ data will be safe from security threats,” the company said.

“IMDEX’s certification through SGS – a globally renowned inspection, verification, testing and certification company – comprises a comprehensive range of activities including:

  • “Software development processes;
  • “The product development lifecycle for its real-time subsurface intelligent solutions;
  • “Manufacturing and deployment of products and technologies;
  • “Client support processes; and
  • “Information technology systems for supporting these activities and digital functions.”

Commenting on the achievement of ISO/IEC 27001:2013 certification, IMDEX Chief Operating Officer, Paul House, said: “We know cyber safety is a growing problem globally and IMDEX has worked hard to ensure our information system is secure to provide a solution for our customers.

“It is a significant milestone for our company and provides additional assurance to clients regarding the end-to-end security of their information – for example, ordering and dispatch using our global digital rentals platform, critical data collection and secure transfer with our award-winning cloud solution IMDEXHUB-IQ and ongoing support via our 24/7 Customer Care portal.”

He concluded: “All our stakeholders can be confident we have robust systems and processes in place – which meet the highest industry standards – to protect their data and sensitive information.”

IMDEX’s Chief Information and Transformation Officer, Mathew Regan, added: “The certification demonstrates our company’s commitment to maturing and enhancing our information security posture in line with IMDEX’s growth as a leading global mining-tech company.”