Email of the day 1
Comment of the Day

March 11 2014

Commentary by David Fuller

Email of the day 1

On Reef Boring Technology:

“I was very interested in reading about Reef Boring Technology mentioned in your comment of the day on March 5th. It reminded me of how early you were commenting about shale gas. How important do you see this development. Can it have similar effects on Gold as fracking did on gas? I would be grateful for your or the collectives’ views on this. Thanks very much in advance.”

David Fuller's view

The short answer is our maxim: Technology Is Everything!  It will not have quite the same impact as fracking for gas in shale deposits, because that resource could not previously be released by conventional drilling. 

I know far less about reef boring technology than fracking because it is a much newer technology developed by AngloGold Ashanti in South Africa.  However, it is clearly a big breakthrough as you will see from this article and video from Mining Weekly.

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