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Ivanhoe Electric Advances Exploration Software; Biden Plans To Oppose Nippon Steel-US Steel Deal; Hycroft Mining Reports 2023 Operating Results And More: Thursday's Top Mining Stories

Benzinga ·  Mar 15 05:48

Top Stories for March 14, 2024:

1.Ivanhoe Electric Inc.(NYSE:IE) and its subsidiary Computational Geosciences Inc. (CGI) announced advancements in their proprietary software for interpreting Typhoon data, significantly enhancing geophysical inversion models with machine learning technologies.

Ivanhoe Electric, which owns 94% of CGI, highlights the software's ability to efficiently process large data volumes from their Typhoon surveying system and is using the technology in projects including Tintic, Utah and Saudi Arabia, to enable faster, more accurate data analysis and model generation.

CGI's continuous innovation has improved processing times and model quality, supporting Ivanhoe Electric's exploration strategies, including the reevaluation...

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