imdex Archives - Page 3 of 4

November 25, 2019

Paul House to become IMDEX Chief Executive Officer, effective 1 July 2020

Leading global Mining-Tech company, Imdex Limited, today announced that Mr Paul House will be appointed Chief Executive Officer (CEO), following Mr Bernie Ridgeway’s retirement on 1 July 2020. Mr Ridgeway, who commenced as Managing Director in 2000, announced his intention to retire on 19 August 2019. Since that time, IMDEX’s Board has undertaken an exhaustive search for the ideal CEO, considering internal and external candidates. Commenting on the appointment, IMDEX Chairman, Mr Anthony Wooles, said: “The selection process was extensive and rigorous. Our Board unanimously agree Paul House has the capabilities, attributes and energy, to continue to drive long-term sustainable earnings growth for our shareholders.” Mr House, […]

November 27, 2019

REFLEX GYRO SPRINT-IQ™ surveys 10x faster and more accurately than traditional methods

The El Toqui Mining Project, operated by Laguna Gold, is located in the far south of Chile. Ground conditions and the presence of magnetic infastructure underground make a fast, gyro-based survey method critical for success.

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 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 5, 2019

Paul House to become IMDEX Chief Executive Officer, effective 1 July 2020

Leading global Mining-Tech company, Imdex Limited, today announced that Mr Paul House will be appointed Chief Executive Officer (CEO), following Mr Bernie Ridgeway’s retirement on 1 July 2020. Mr Ridgeway, who commenced as Managing Director in 2000, announced his intention to retire on 19 August 2019. Since that time, IMDEX’s Board has undertaken an exhaustive search for the ideal CEO, considering internal and external candidates. Commenting on the appointment, IMDEX Chairman, Mr Anthony Wooles, said: “The selection process was extensive and rigorous. Our Board unanimously agree Paul House has the capabilities, attributes and energy, to continue to drive long-term sustainable earnings growth for our shareholders.” Mr House, […]

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 20, 2020

AME Roundup

AME’s annual Mineral Exploration Roundup conference brings together more than 6,500 people annually to share innovative ideas, generate new connections and create collaborative solutions related to mineral exploration and development. It is a space where mineral explorers, industry professionals and leaders go to network and is a driving force for mineral exploration in Western Canada and the North and South American Cordillera. With the theme ‘Lens on Discovery’ and an eye on the newest trends and opportunities, the 2020 AME Roundup conference will explore the technical highlights and successes in the mineral exploration profession. Now in its 37th year, the […]

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.