New Delhi — TEXMiN (Technology Innovation in Exploration & Mining) Foundation –Technology Innovation Hub of IIT (ISM) Dhanbad has partnered with Guideline Geo to set up a world-class Centre in India for geophysical exploration with state-of-the-art instruments services, and applications to support the industrial and startup ecosystem.
With increasing worldwide development, the demand for minerals is rising. In this context, “Minerals” can refer to different rock types and sediments but more likely commodities such as gold, copper, iron, etc. Mineral exploration can be challenging, with large areas to cover, sometimes in very rough terrain, and complicated geological structures hiding the minerals we want to mine. This means that the chosen investigation technique should be able to address these issues.
This can only be achieved by accelerating the advanced practices in geophysical exploration techniques, offering a non-destructive and cost-efficient way of gaining a better understanding of the sub-surface conditions.
With India’s rising demand for digital innovation, integrating cutting-edge technologies such as AI, IoT, and big data analytics into mining processes, and enhancing operational efficiency and safety, this partnership is poised to fuel growth across the value chain of geophysical exploration. It will further strengthen the nation’s position in the global technology landscape.
“We are excited to collaborate with Guideline Geo for setting up the TEXMiN – Guideline Geo Lab as it aligns with the TEXMiN bigger mandate for the Nation towards Development of AI/ML/Deep Learning based Non- destructive Technologies (Geophysical, Geological & Remote Sensing) for Mineral Exploration and giving professionals and mining community at large the opportunity to experience and to enhance the technological know-how that is required for delegating responsibilities efficiently. We are committed to training the new generation of innovators, startups, and professionals with future-ready innovation technologies,” said Prof Dheeraj Kumar, Dy. Director, IIT(ISM) Dhanbad & Project Director & Director, TEXMiN.
“We are proud to partner with TEXMiN to bring a renowned line of powerful and versatile solutions, software and machine control solutions for Geophysical Exploration, supporting the industry. We have, with our well known technologies, over 100 years of experience in this field and are today a global supplier where India is a highly prioritized market.We’re looking to share our experiences and expand the knowledge, to India mining market, through the cooperation with TEXMIN ,” shared Anders Ridstrom, Head (Asia), Guideline Geo. “