innovation Archives - Page 2 of 3

May 18, 2018

Drillers take to tech – Australasian Drilling Magazine April/May Edition 2018

Published: Australasian Drilling Magazine April/May Edition 2018 Drillers are increasingly adopting new technology such as smart sensors and real time measuring and monitoring systems, according to suppliers and drilling contractors at the ADIA/Australian Institute of Geoscientists unlocking the benefits of better driller/geologist partnerships seminar in Brisbane.

February 4, 2019

Join AMC and REFLEX for FREE workshops at PDAC 2019!

February 27, 2019

IMDEX MUD AID™ delivers accurate real-time data that leads to increased penetration rates

IMDEX conducted controlled trials of the IMDEX MUD AID™ at a mine site. Over the course of the trial, the IMDEX MUD AID™ provided mud data that allowed drilling crews to be more responsive to changes in lifting capacity and solids content.

April 18, 2019

30 years of METS sector transformation: Exploration

Dr Michelle Carey – General Manager – IMDEX Product Development looks back on the last 30 years in changes of mineral exploration procedures and the challenges of the future. Looking back 30 years, how vastly different was exploration procedures to now and what have been the major changes? There have been a vast range of changes and even within our traditional core business of downhole surveying and core orientation, procedures have certainly advanced. At IMDEX we introduced the first digital survey tool – the REFELX EZ-SHOT™ – to the market in the late 1990s to replace analogue photographic tools. We […]

November 4, 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 […]

November 22, 2019

IMDEX sponsors Austmine 30 year anniversary celebration event

We were very proud to sponsor the Austmine 30 year anniversary celebration event. As part of the celebration, Michelle Carey, General Manager – IMDEX Product Development, hosted a panel discussion on innovation and the importance of collaboration to ensuring the next 30 years are as successful as the first. Thank you to the Mining and METS companies who joined and contributed to an informative panel discussion: BHP Billiton, Roy Hill, Gekko Systems and RCT.

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 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 […]