The Elements of Innovation Discovered
The Elements of Innovation Discovered
Sorted by date Results 1 - 20 of 20
The largest Peruvian business delegation in U.S. history shows steps towards a greener future. Just a few short months ago, a record-breaking delegation of over 300 Peruvian business leaders attended MINExpo 2024, the premier mining conference hosted by the National Mining Association in Las Vegas. This marked the largest Peruvian delegation ever to attend the event, underscoring the growing importance of our partnership with the U.S. in the mining sector. But why has the...
Building and powering the infrastructure AI requires to operate has already consumed double the gigawatts and may soon tax copper resources exponentially. The need for copper is steadily growing as worldwide urbanization spreads and global superpowers rush to electrify their transportation and energy industries. In addition to physical expansion, the world is also invisibly run on data centers that require vast amounts of copper for both their construction and operation. Hospi...
Tin is indispensable today and shapes innovation of tomorrow. From $5 flashlightS to multi-million-dollar super computers, virtually all electronics rely on tin, primarily because of its use in soldering. If circuit boards are considered the backbone of technology, then tin-based solder could be seen as the connective tissue that holds the industry together. Despite its fundamental role in the Digital Age, tin is often overshadowed by other critical minerals and contends with...
Hypervine launches a service that allows users to receive unlimited satellite surveys and reports for a low monthly fee. From gaining a detailed overhead view of the predevelopment landscape to grabbing a snapshot of current conditions and monitoring changes over time, satellite imagery is revolutionizing the planning and operations of modern mines. However, the cost for a satellite to take a snapshot of a mine can be high, and many traditional technologies cannot image the gr...
Copper has had a wild ride in 2023, going from expected surplus to deficit within the last few months due to labor disputes, environmental protests, and volatile demand. The supply-demand roller coaster in 2023 was reflected in the price of this energy metal, which dropped from a high above $9,400 per metric ton last January to fluctuating to lows of around $7,800 in May and again in October before rebounding above $8,700 by year's end. Part of the reason for the late 2023...
In the world of technological interconnectivity, Mina Justa, a Peruvian mining operation that produces nearly 150,000 metric tons of copper concentrates and cathode material per year, will employ modern solutions toward worker safety and security with the implementation of strategic internet of things technologies at this critical material mine. A US$1.6 billion greenfield copper project near Marcona, Peru, Mina Justa lies roughly 400 kilometers (250 miles) southeast of Lima...
U.S. supply chains for critical minerals in energy, automotive, aeronautic and defense markets are up against the challenge of establishing credible "green credentials" amidst sweeping company promises, increased standards and new regulations. The arbitrary nature of voluntary initiatives, combined with ill-defined industry certification, has made it difficult to compare resource provenances and prove against human rights violations and other practices damaging to the...
Latin American countries collectively hold over 50% of the world's identified raw lithium. These resource-rich nations have begun asserting that they will no longer accept extractive international trade relationships-hoping to leverage this natural wealth of a suddenly in-demand mineral to bolster the region's development and encourage the growth of specialized industries and clean energy infrastructure. "We don't want to sell lithium to Europe ... we want to sell lithium vehi...
The global shift to renewable energy sources, such as wind and solar, and electric vehicles (EV) requires a vast amount of several minerals and metals. While supplying the huge amount of mined materials needed for the coming clean energy transition poses challenges, especially if not managed responsibly and sustainably, World Bank Group sees economic opportunities for some of the world's poorest regions. "The World Bank supports a low-carbon transition where mining is...
In a clarion call to current and future mining colleagues, IMDEX geoscience chief warns lack of copper may slow energy transition. As global governments and industries scramble to ensure there is enough lithium, graphite, cobalt, nickel, and rare earths to build the collective vision of a future where electric vehicles are charged with zero-carbon renewable energy, the geoscientists charged with discovering the mineral deposits needed to meet global demand are much more...
From flashlights to supercomputers, tin is the glue for an electronic age Lost in the clamor for lithium, nickel and other metals needed for the batteries powering electric vehicles and modern electronics, or the rare earth elements that turn stored energy into motion, is the enormous need for a much more modest metal that is so fundamental to the advancement of technology that it almost goes unseen – tin. While other technology metals are critical to certain products and s...
As the price of lithium has skyrocketed over the last 18 months, the demand for lithium-ion batteries is more intense than ever. Battery makers, including Panasonic, LG Chem and CATL, have to budget for the rising cost of lithium, a metal that's crucial to the batteries that go into electric cars, as they expand their production over the coming years. With every bull market, however, there are bear prognosticators who bet on the price of lithium to decline with the market...
Nearly every mine on Earth has a source of potential low-carbon energy that remains largely untapped – the natural surface waters flowing into, through and out of the operation. Germany-based SmartH2OEnergy, however, is investigating an innovative approach that transforms the potential of waters from various mining processes into energy that can help power the operation. Along with wind and solar, hydropower is a great source of zero-carbon electricity for power-hungry m...
Multinational engineering company Sandvik AB Dec. 2 signed an agreement to acquire Australia-based Deswik Mining Consultants (Australia) Pty Ltd., a leading software company that will add to Sandvik's portfolio of specialized expertise for the mining industry. Founded in 2008, Deswik saw significant growth in its early years, despite mining downturn and the global financial crisis, expanding into the United States, Canada, United Kingdom, South Africa, Russia, Peru, Chile,...
Facing the worldwide growing demand for vital technology minerals and metals, a new Energy Resource Governance Initiative academy program has been established at the University of Nevada, Reno. With Nevada recently titled as the top mining destination in the world by the Fraser Institute's Annual Survey of Mining Companies, this is a prime location for such a facility. "The new paradigm shift from fossil-fuel based energy to renewables and electric batteries has created a...
Shaw, a leading Canadian telecommunications company, and Nokia have deployed Western Canada's first-ever industrial-grade private LTE network at Teck Resources Ltd.'s Elkview steelmaking coal mine in southeastern British Columbia. "This first-of-its-kind private LTE mining network solution built by Shaw is a giant step forward for global 5G innovation," said Nokia Canada President Jeffrey Maddox. Shaw Business, which provides enterprise-level connectivity solutions, says the...
Taking a big step on its path to becoming carbon neutral by 2050, Canadian miner Teck Resources Ltd. has entered into a long-term power purchase agreement with The AES Corp., a global power company that provides sustainable and affordable energy in 14 countries, for 100% renewable power for its Carmen de Andacollo copper and gold mine in Chile. Under the arrangement, Teck's Carmen de Andacollo is sourcing 72 megawatts, or 550 gigawatt hours per year, of wind, solar and hydroel...
Understanding that the transition to renewable energy is going to require a vast amount of metals yet mining them consumes a lot of energy, Teck Resources Ltd. is joining a growing number of mining companies with aims of becoming carbon neutral. On Feb. 3, the diversified Canada-based miner announced a goal to be carbon neutral across all operations and activities by 2050. "Setting the objective to be carbon neutral by 2050 is an important step forward in our commitment to...
When most people think about the metals driving the alternative energy revolution, lithium, vanadium, cobalt and rare earths spring to mind. As recently reported by EE Times Europe, "Copper is an important raw material for the electronics industry, being the most widely used conductor for PCB, wiring, and connector manufacturing. The average person, however, might not realize this, thinking that copper is some kind of old metal on which there is no progress to be made." There...
From the advancements of technology during the Bronze Age to the computers and telecommunication systems of today's Big Data Era, tin has been critical to human progress for at least 5,500 years. Sometime around 3500 BC, Sumerians living in modern day Turkey and Iran discovered that mixing a little tin with copper created bronze, an alloy that produced much more durable weapons and tools than those cast from copper alone. This cutting-edge discovery offered a strategic and...
