DynaEnergetics Introduces Igneo™ Intrinsically Safe™ Initiating System for High-Temperature Mining Applications
DMC Global Inc. (BOOM)
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Source: GlobeNewswire
HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today introduced Igneo, an Intrinsically Safe initiating system designed for high-temperature mining applications. The Igneo system is based on DynaEnergetics’ patented IS2™ Intrinsically Safe initiating system, which is used by the oil and gas industry in well perforating operations. Igneo was developed in collaboration with Newcrest Mining Limited, Australia’s largest gold mining company. Newcrest approached DynaEnergetics for assistance in developing an initiating system that would perform safely in the extreme conditions of its Lihir mine, located in the crater of the dormant Lihir volcano off the coast of Papua New Guinea. The active geothermal and geochemical environment makes Lihir the hottest open cut gold mine in the world. The core of the Igneo system is the HTD150, an electronic detonator designed to withstand temperatures up to 150°C (302°F) for up to 48 hours. Th
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