New technology built in Australia could soon benefit the global mining industry, thanks to a commercialisation deal.
CSIRO’s advanced mineral analysis and logging technology, HyLogger, has been licensed to Australian mining, equipment, technology and services (METS) company, Corescan.
Providing miners further knowledge on ore-bodies, the technology provides near real-time analysis so that costs and delays are greatly reduced.
With a partnership with Corescan, who operate a network of hyper-spectral mineralogy labs across Australia, South East Asia, Canada, USA, Mexico, Peru, Chile and Argentina, the deal is expected to open doors to international markets.
HyLogger uses the spectra of reflected light from mineral surfaces to interpret the mineralogy of the material and is far more reliable for systematic mineral identification than visual techniques used in most drilling programs.
“Through our partnership with the Australian state geological surveys, the National Virtual Core Library and AuScope, hyper-spectral data is now routinely acquired at government core repositories and is generating new knowledge on mineral systems,” said Dr Rob Hough, CSIRO’s research director.
“Transferring the technology and ongoing development to Corescan, an Australian SME, will enable CSIRO to focus on the application and integration of hyper-spectral information with other data sets to support mineral exploration through cover and for rapid resource characterisation in deposits.”
The Australian exploration industry spends close to $600 million per year drilling holes to locate economic mineral resources.
Detailed knowledge of the mineralogy and alteration patterns associated with prospective mineral regions is crucial to guide exploration success and attract further international investment into Australia.
Corescan plans to integrate HyLogger into its existing suite of advanced hyper-spectral imaging equipment, giving the company a broader range of solutions to accommodate different commodities and better meet customer requirements.
“Corescan will also be offering support services to the existing HyLogger community and will leverage its global reach to bring the technology to new international markets,” said Neil Goodey, Corescan’s managing director.
“We will also be working closely with the Australian geological surveys and the National Virtual Core Library to continue on the great work that CSIRO has done in this area over the last decade.”