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March 31, 2020

New technology to sweep away old drilling habits

Leading global mining-tech company IMDEX is grappling with industry issues to improve exploration drilling productivity rates that have not moved significantly for 30 years — just as the mining industry searches deeper and deeper for new deposits. 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 in January, Mr 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 […]