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December 5, 2019

IMDEX expands technology offering with Flexidrill acquisition

New Drilling Productivity technologies deliver a step-change to the global minerals industry. Leading global mining-tech company IMDEX has exercised its option to acquire New Zealand-based Flexidrill in a deal that strengthens IMDEX’s market position and delivers advanced new drilling technology to clients. IMDEX obtained an exclusive option to acquire Flexidrill in January 2018, which enabled further development and extensive testing of its patent-protect technologies COREVIBE™ and MAGHAMMER™. These unique technologies will offer substantial drilling productivity benefits and improved safety for IMDEX clients globally. There is strong industry demand for greater productivity – from drilling contractors and resource companies – and […]
December 8, 2019

IMDEX buys Flexidrill for $40m

IMDEX’s recent acquisition of New Zealand-based Flexidrill featured in the Business News on 6th December 2019. Global mining-tech company IMDEX has exercised its option to acquire New Zealand-based Flexidrill, after gaining the option early last year, for a further payment of $NZ3 million cash. IMDEX had already paid $NZ10 million in both cash and IMDEX shares, and will pay a further $NZ27 million in share and royalty-related payments, based on milestones achieved and revenue generated from the acquired business. The company said the acquisition would strengthen its market position and expand its technology offering to its clients, which now included Flexidrill’s ‘Corevibe’ and ‘Maghammer’ drilling technologies. IMDEX […]
January 24, 2020

Exploration innovators offer view of the future

Thank you all to those that attended the sold out IMDEX Limited and CoreSafe Core Solutions 2020 #xplorationtech Symposium. Over 160 attendees enjoyed the fantastic presentations and networking opportunities with industry leading experts. Henry Lazenby, from Mining Journal, Vancouver, provides an informative review of the Symposium, plus valuable insight on looking deeper into the future of exploration.
February 7, 2020

IMDEX wins Australia’s Mining Monthly’s Innovation Award for the IMDEX BLAST DOG™

Developed by IMDEX and as part of their IMDEX Mining Technology portfolio, the IMDEX BLAST DOG™ is a semi-autonomous system that helps optimise blasting based on high-resolution three-dimensional material models built from sensor data. It is helping miners get predictable fragmentation and determine ore and waste boundaries, and control vibration, dust, fumes and heave. “IMDEX Mining Technology’s BLAST DOG™ comprises a semi-autonomously deployed system for logging material properties and blast hole characteristics at high spatial density across the bench and mine. These properties are domained and supplied automatically to blasting systems able to create complex blast profiles to achieve specific […]