NEW technology capable of predicting mine collapse or the release of deadly gases underground may have a major impact on mining insurance, and related industries such as quarrying and tunnelling.

Scientists from Australia's premier scientific organisation CSIRO have developed a micro-seismic analysis system allowing them to 'see' weak points in rocks by monitoring seismic waves coming from them.

Researchers believe their "hi-tech canary" will prevent accidents and save mining companies millions of dollars in lost production costs.

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