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Return on Investment for Geological Mapping
posted by Satri
on Wednesday March 19, @11:13AM
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from the mapping-bringing-back-money dept.
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Spatial Sustain has a short but interesting entry on the return on investment for geological mapping in Canada: "“For every dollar we invest in geoscience, it attracts five dollars from the private sector in exploration, and over C$125 that are discovered in mineral resources. So I think it is a very, very good investment,” said Lunn."
Related Stories
The Geography of Oil
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Vector One links and discuss the oil industry and visualization technologies. Very Spatial discussed the geography of oil as main topic for their 38th episode. The Google Earth Blog also provide links to oil and geology related stuff for Google Earth. From the OilOnline article: "Yet, from 4D seismic and the dynamics of visualization rooms to state-of-the art software for drilling operations, technology is dramatically reducing the industry's historic trial-and-error statistics. [...] It's become increasingly evident that small independents having access to virtually the same technology as majors is changing the business landscape."
Geology Maps Using MapCruncher and Virtual Earth 3D
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The WLL/VE blog shows a nice use of MapCruncher and Virtual Earth 3D applied to geological mapping. From the 3D Geology Maps website: "Welcome to the 3D geology maps site. On these pages, you will be able to view geologic maps draped over the topography of the globe--so you can see the interplay between geology and morphology!"
OneGeology: Mapping the Geology of the Planet 1 comment
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GIS Lounge runs a short article on the OneGeology project aimed at mapping the geology of the planet. From the website: "The project's aim is to create dynamic digital geological map data for the world!
The target scale is 1:1 million. But the project will be pragmatic and accept a range of scales and the best available data.
The geological map data will be made available as a distributed web service, using the latest web feature mapping approach.
Geological Surveys will dynamically 'serve' the data for their territories to a web portal. The plan is to make it available through Google Earth and other dynamic map browsers." It's an international effort, with numerous governments participating, but the main (only?) major player absent is the United States.
Geological Exploration and GIS 1 comment
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A few days after the story on the ROI of geological mapping, Directions Mag published an article on geological exploration and GIS. From the article: "On a broader scale, trends in mineral exploration show there's a need for better integration of GIS and geosciences. Most ore deposits with a surface expression have already been found, so 3D information from the subsurface - particularly geophysical data - is becoming the main pathfinder to discoveries." Related stories below.
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