“For us to get results this quickly and identify multiple potential drill targets through the combination of Typhoon and our Computational Geosciences machine learning-based software is a real testament to this exploration platform,” Melvin said in an interview with The Northern Miner outside the Future Minerals Forum in Riyadh. “It’s a big differentiator for our company.”
Ivanhoe Electric is part of a growing number of international mining companies investing in Saudi Arabia as it swings petroleum wealth behind the exploration for minerals enabling the global energy transition away from fossil fuels.
The kingdom’s third annual conference on the issue this week has attracted leaders from Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), Barrick Gold (TSX: ABX; NYSE: GOLD), Ivanhoe Mines (TSX: IVN), Vale (NYSE: VALE), Lundin Mining (TSX: LUN) and Anglo American (LSE: AAL).
Electric shocks
The Typhoon system discharges up…
