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Canadian small firm emblematic of mining's next tech wave

The principal investor in a fast-growing Quebec mining technology firm says its progress during the recent substantial lull in mining-sector capital and operating expenditure is testament to an underlying shift in the market’s appetite for “digitisation” technologies. “Every other industry in the world has been transformed by technology, and I think people understand that while mining is among those to take the longest to be transformed, there is absolutely no reason why it won’t happen,” a senior executive with the investment company told Mining Journal.

Canadian small firm emblematic of mining's next tech wave Canadian small firm emblematic of mining's next tech wave Canadian small firm emblematic of mining's next tech wave Canadian small firm emblematic of mining's next tech wave Canadian small firm emblematic of mining's next tech wave

Charles Gillies, chief investment officer and co-founder of Jolimont Global Mining Systems (JGMS) and a director with Montreal-headquartered Newtrax, said the latter continued to get market trac...