Increased rig use pushes revenues up for IMDEX

New mineral exploration rig use figures released by leading IMDEX show continued strong activity in most major mining regions internationally.

Increased rig use pushes revenues up for IMDEX Increased rig use pushes revenues up for IMDEX Increased rig use pushes revenues up for IMDEX Increased rig use pushes revenues up for IMDEX Increased rig use pushes revenues up for IMDEX

IMDEX has recorded a 29 per cent increase in third-quarter revenue as drill rig utilisation has steadily increased

The combined Australia/New Zealand region continued to be a standout, with rig use at 82 per cent of capacity despite the number of rigs available increasing by 13 per cent over the past year.