Hypervine launches unlimited satellite survey service for the mining industry

This approach is executed through a fixed monthly fee of £4750, compared to the industry standards where one report per mine will cost upwards of £5000 each. The company’s offering aims to shake up numerous industries by providing cost-effective, accurate, and comprehensive global data on precise mineral mapping, opencast mines, and even some below ground activities, organic material monitoring, and more.

Hypervine builds on its partnership with the European Space Agency (ESA) to create its satellite surveys. It utilises advanced imaging and analytics to monitor mine activities, track changes in infrastructure, and assess environmental conditions – offering unparalleled insights into mine operations, environmental impact, and resource management for prospectors, investors, mining firms, insurers, and more. The service, which leverages and builds on Hypervine’s extensive database, one of the largest and most accurate collections of base metal datasets globally, includes detailed reports on ferrous metal content, land surface temperature changes, and vegetation indexes, among other key indicators.

These reports are invaluable for companies looking to invest in or monitor mining operations, and need to extract insights from large volumes of data without being experts in data processing techniques, while providing a level of detail previously impossible without physical site visits.

Hypervine aims for its satellite data to not only be more affordable than traditional survey methods, but for it to provide medium to large companies with critical data to make informed decisions far faster than traditional methods of data gathering on-site.

Paul Duddy, CEO of Hypervine, comments:

“Our unlimited satellite survey service is a game-changer for investors and the mining industry. By offering detailed, accurate, and timely data at a fixed monthly cost, we are opening up new possibilities for how assets are monitored, managed, and invested in. This service is a testament to our commitment to innovation and our belief in the power of satellite technology to drive data-backed decision making.”

Read the article online at: https://www.globalminingreview.com/mining/18042024/hypervine-launches-unlimited-satellite-survey-service-for-the-mining-industry/