New Mining Startup

Hey, I'm the head of ops at Durin, and I wanted to share what we're up to. Mining is prbly not the first thing that comes to mind when you think "cutting-edge," but it's the backbone of modern life—from the phone in your pocket to the building you're sitting in.

Although mining is the most basic industry in human development, the tech hasn't really evolved in the last 66 years. We're still using drilling methods from the 1950s, which is kinda wild when you think about it.

Opening a new mine is a massive investment, anywhere from $100 million to $3 billion. But before that, you've got to explore, and that's where things get interesting (and expensive). Drilling holes 500 meters to 1.5 kilometers deep isn't cheap—around $200–$300 per meter. Do the math, and a single hole can cost a quarter million dollars, and you need hundreds of them. Plus, there's a huge skilled labor shortage.

At Durin, we're building automated drilling equipment to speed up and improve mineral exploration. Think of it as bringing Silicon Valley tech to an industry that's been kind of stuck. We have to make mining sexy.

We're retrofitting and operating our own drilling rigs in the field and will soon build our own from scratch. By automating much of the grunt work, we're aiming to boost drilling efficiency by 90%. We're just getting started but moving fast, thought some of you might find this intersection of tech and traditional industries interesting.

Some links:

www.durin.com jobs.durin.com