The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Established in 1891, Hecla Mining Company has survived two global pandemics, two World Wars, the Great Depression, and numerous crests and troughs of a cyclical metals market that has sunk many of the silver miner's contemporaries over the past 130 years. One of the reasons for this long-lived success is a readiness to adapt to change and the vision to adopt new technologies that maximize safety, improve efficiency, and reduce the environmental footprint of its operations in... Full story
It is not miner's faces that will be recognized by the new technology being deployed by Hecla Mining Company. Instead, Mine Vision Systems' FaceCapture system will be used to map the mine face at two of the company's underground operations in North America. First introduced at the MINExpo 2021, MVS's FaceCapture technology quickly and accurately captures detailed and dense images of underground mine faces that are georeferenced to laser-based surveys to generate reliable 3D...
The last few years have seen big industries' social accountability come to the fore, with growing pressure to engage more holistically with the workforce, local communities, and environmental concerns. Evolving from this, a new business model of corporate performance has arrived in boardrooms, comprising a trifecta of environmental, social, and governance (ESG) responsibilities. Keeping pace is the mining industry's collective push to be more sustainable and accountable,... Full story
Mineral discovery with machine learning company GoldSpot Discoveries Corp. April 26 announced it has been engaged to apply its artificial intelligence and geoscience expertise at Bullion Gold Resources Corp.'s Bousquet project in the Abitibi Greenstone Belt of Quebec. "GoldSpot was founded doing work in the Abitibi Gold Belt, and we're always excited when we get to continue work in the region," said GoldSpot Discoveries CEO Vincent Dubé-Bourgeois. "The Bousquet project has...
Typically thought of as a glimmery precious metal used to make coins, bullion, jewelry, and other shiny objects, silver's true value lies in more industrious properties that make it invaluable to high-tech applications such as solar panels, electric vehicles, and 5G networks. "Silver demand has evolved from a monetary ornamental use, to photographic, to digital, and now to energy," Hecla Mining Company President and CEO Phillips Baker, Jr. said during a March 31 keynote...
In its ongoing support of a clean, sustainable, and competitive mining sector, the Canadian government is investing C$2.1 million into a project to recover and recycle cyanide after the chemical is used to recover gold from mined ore. Cyanide is a chemical compound used to recover gold by dissolving the metal into a solution that is run through processes that extract the dissolved gold. The leftover cyanide is potentially hazardous and many mining operations incorporate a...
High-speed networking and interconnected devices, which form a unified whole, are opening a new realm of possibilities for consumer and company alike. As the world continues to become more digitally interconnected, the value of companies and their success can almost be directly linked to how quickly they adapt and utilize newer technologies. We can see remnants of bygone eras still lingering in many industries, including mining, in an era where the speed of development of new...
Typically thought of as a precious metal used to make coins, jewelry, tableware, and other glimmery objects, silver's true value lies in more industrious properties that make it invaluable to high-tech applications such as solar panels, electric vehicles, and 5G networks. Roughly 28% of the 8,000 metric tons (257.2 million ounces) of silver used in the United States during 2020 went into electrical and electronics devices; 26% into jewelry and silverware; 19% for coins and... Full story
