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PERTH-based mining-tech company Imdex will pay $2.86 million for ownership of New Zealand drill-tech company Flexidrill and its drilling productivity technologies, Corevibe and Maghammer.
The Maghammer is put to the test
Imdex struck a deal with Flexidrill back in January 2018 to acquire the business, with the option agreement structured for Imdex to carry out further testing of the technology before making a
Pentium to mobilise 7th drill rig since acquisition.
Protestors target NZ mining conference
