drilling Archives - Page 3 of 3

December 1, 2019

Vince Connelly MP visited IMDEX’s Balcatta office

We were honoured to have Vince Connelly MP, Federal Representative for Stirling visit IMDEX’s Balcatta office. Bernie Ridgeway, Managing Director and Derek Loughlin, Global Business Development Director gave Vince Connelly MP an overview of IMDEX’s R&D capability and showcased the latest drilling optimisation technologies on offer. “I was incredibly impressed with your level of professionalism and innovation – which have clearly underpinned IMDEX’s success to date (and into the future),” said Vince Connelly MP.

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 […]

December 8, 2019

IMDEX brings home Mining Journal’s METS Company of the Year

Published: Mining Journal. 30 September 2019 https://www.mining-journal.com/mining-journal-awards/news/1372552/mining-journal-awards-2019-winners-announced ASX-listed IMDEX, said to have a presence on up to 70% of mineral drill sites globally and sales in 102 countries, has seen its share-price rise sevenfold since mid-2016 as global mineral exploration levels have recovered and its new technology offerings have gained market traction. While global mineral exploration is still nowhere near its last peak in 2012, IMDEX has won new investors in a period when the few genuine mining technology stocks offering exposure to the industry’s seemingly growing appetite for tech have been more closely scrutinised in the Australia, North American and London […]

January 1, 2020

DRILL HAX – What is the biggest misconception about Drilling Fluids?

What are the biggest misconceptions about Drilling Fluids? IMDEX in-house Mud expert Scott Sholer provides insights to one of the most asked questions by the industry.

March 1, 2020

What’s on at PDAC 2020

IMDEX will be present at PDAC (Prospectors and Developers Association of Canada) 2020 in Toronto. We are excited for you to meet the IMDEX Team, Booth 0323-0327, at the Metro Toronto Convention Centre. With an array of technologies on display, the friendly IMDEX team to converse with, and several exiting FREE seminars, you will not be short on things to do and see. Plus, don’t miss your chance to Relax with IMDEX over drinks and canapés. Relax with IMDEX | Caledon and Oakville Rooms, InterContinental Toronto Centre 5pm, Monday 2nd March 2020 | Connect with our team and enjoy drinks and canapes […]