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R&D spend positions Runge for the future

Mining advisory and technology firm RungePincockMinarco (ASX: RUL) continues to see its software sales outpace consulting business revenues as the company’s vigorous R&D efforts of recent years yield dividends that CEO Richard Mathews believes can become super-charged. But he admits that’s something of a “leap of faith”.

R&D spend positions Runge for the future R&D spend positions Runge for the future R&D spend positions Runge for the future R&D spend positions Runge for the future R&D spend positions Runge for the future

BHP Billiton mining operations centre in Western Australia. The company is sponsoring work on a 'mining ISA-95'

“Investing in innovation in an industry which is historically conservative takes a leap of faith,” Mathews told Mining Journal.