Mines and Money awards Boart Longyear 'Mining Innovation of the Year'

Commenting on the award, Mike Ravella, Vice President Geological Data Services, said:

“We have always believed in the revolutionary power of TruScan and its capability in digital sensing and artificial intelligence on core and chip samples. We believe it has the power to transform the way miners and explorers get value out of their orebody knowledge. Boart Longyear is delighted that Mines and Money has recognised TruScan’s ground-breaking capabilities and named it Mining Innovation of the Year. This award would not be possible without our superb team who truly embody our vision and passion for enabling next-generation capabilities in this industry.”

TruScan users can reduce their cost per meter by greater than US$80/m, through faster decision-making with near-real-time geochemical and lithological data. Users can reduce assay costs and drive consistent logging of core through automated quantitative processes. TruScan allows mining companies to access orebody information remotely, quickly and efficiently, and spend more value-added time analysing the data and creating geological information. Customers use the near-real-time data to drive dynamic drill programs enabling them to drill the right ore and not waste time drilling blindly.

These benefits allow mining clients to move their resources forward faster, creating significant value when considering the time value of money. TruScan also provides value in the mineral production and processing space by allowing customers to understand their orebody in greater detail and adjust their processes to drive greater mining efficiency. All of these benefits are adding hundreds of millions in value for mining companies that use TruScan technology.

Read the article online at: https://www.globalminingreview.com/technology-digitalisation/06122022/mines-and-money-awards-boart-longyear-mining-innovation-of-the-year/