Major Drilling (TSE:MDI) has released an update.
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Major Drilling Group International Inc. has partnered with DGI Geoscience Inc. and KORE GeoSystems Inc. to integrate AI technology into its drilling services, positioning the company as an innovator in the mining sector. The collaboration aims to enhance data delivery and borehole data acquisition, providing unique services and transforming drilling operations. Major Drilling’s $15 million investment for a 40% stake in the tech firms emphasizes its commitment to advancing drilling solutions and supporting its growth strategy in the mining industry.
For further insights into TSE:MDI stock, check out TipRanks’ Stock Analysis page.
