
Exploration drilling on the rise
Exploration drilling has taken off since the COVID-19 pandemic. A raft of measures by the Federal and state governments to increase mineral exploration, along with the advent of smart technology, have come together to create a conducive environment for increased exploration drilling. One such company experiencing this wave is mining technology company IMDEX, which develops cloud-connected sensors and drilling products that provide critical information in real-time. The number of cloud-connected instruments it rents out reached a record high in 2020, specifically its IMDEX HUB IQTM cloud-based technology and software. IMDEX chief executive Paul House says strong mining fundamentals supported a return to pre-COVID-19 business levels. “We are still experiencing record high numbers on rent and record plans by our customers...