The Elements of Innovation Discovered
The Elements of Innovation Discovered
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StartUs Insights, a global data science company that specializes in technology startup companies, recently named its top five artificial intelligence mineral exploration startups. AI and machine learning are showing the potential to improve the success of utilizing increasingly large and complex datasets needed to identify economically viable sources of ore that are become scarcer and deeper in the earth. Mineral exploration involves the collection, processing, and...
It is no secret that over the last couple of decades, mining in Australia has increased to the point that it is a world-class provider of resources and the technologies to extract them. Fields once thought played out have been revived through a better understanding of mineral exploration and extraction. One of the leading innovators in Australia is the University of Adelaide, which has consistently ranked in the top 1% of schools worldwide for academics, innovation, and resear...
Two companies at the forefront of applying artificial intelligence to the mining and mineral exploration sectors are teaming up to provide investors and researchers powerful and user-friendly maps to explore mineral properties by geography, commodity, or deposit type. Minerva Intelligence Inc., a Vancouver, British Columbia-based company that provides a suite of software and cognitive AI applications to mineral exploration companies, will be developing these interactive maps...
NASA wants to buy Moon rocks from a private space miner able to fly up and grab an up to 1.1-pound lunar sample and deliver it to the space agency by 2024. The space administration is not particular about where the moon rocks are collected, or the content of the samples, as long as the mission is well documented, and the dirt is delivered to NASA on the Moon for payment. This lunar sampling is meant to set the stage for NASA's Artemis program, which aims to "land the first...
RCT, an Australia-based autonomous solutions specialist that delivers products and support to clients in 71 countries around the globe, said it has successfully commissioned the underground loader fleet at Evolution Mining's Mungari gold mine in Western Australia with RCT's proprietary ControlMaster automation technology. "RCT's automation solution was previously established at one of Evolution Mining's other projects and is now helping the Mungari operation further optimize...
Group 11 Technologies Inc., a US-based company developing a means of dissolving metals while they are still underground and pumping the metal-rich solution to the surface, has officially been launched. Given its name refers to the Group 11 elements on the periodic table – copper, silver, and gold – these coinage metals are likely the primary targets of the newly formed private company. Group 11 is a partnership between enCore Energy Corp., EnviroLeach Technologies Inc., and...
Canada's first commercial rare earth processing facility is expected to be operational in Saskatchewan by 2022. The government of the central Canadian province announced it is investing C$31 million in a facility with the ability to both concentrate ore and separate the concentrates into individual rare earth elements. This will help to establish a rare earth supply chain in Saskatchewan and form a model for future commercialization of the province's rich REE resource...
Lynas Corporation Ltd. Aug. 21 announced the signing of a sublease with the City of Kalgoorlie Boulder for a 135-hectare industrial-zoned site for its planned Kalgoorlie rare earth processing facility in Western Australia. "Securing the sub-lease for our new Kalgoorlie rare earth processing facility is another important milestone for our Kalgoorlie project and we thank the City of Kalgoorlie-Boulder and the Western Australian Government for their strong support," said Lynas...
What if a mining company could find out how much gold is in a sample by simply crushing it, putting it in a jar and zapping it with x-ray? Chrysos Corp.'s PhotonAssay is able to do just that. Hitting samples with high-energy X-rays, Chrysos PhotonAssay causes excitation of atomic nuclei allowing enhanced analysis of gold, silver, and complementary elements in as little as two minutes. This provides the ability to carry out mine site and laboratory assays without the need for...
Penn State scientists have developed a process that could transform acid mine drainage from an environmental liability that is costly to an asset that produces rare earths and other valuable minerals. "We are currently incurring costs just to treat the water, and in many cases, we are not even collecting all these minerals," said Sarma Pisupati, professor of energy and mineral engineering at Penn State. "Now we are able to turn what had been considered a waste product into a v...
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...
Long before Tesla CEO Elon Musk called on miners to produce more of the nickel needed in the lithium-ion batteries powering a rapidly expanding electric vehicle sector in an environmentally sensitive way, Giga Metals Corp. was working toward that very goal at its Turnagain nickel-cobalt deposit in northern British Columbia, Canada. "Further to Elon Musk's specific call to nickel producers to pursue environmentally friendly nickel in high volume made during Tesla's latest...
A collaboration between Prospector, an emerging company that is elevating mining sector investment into the digital age, and TMX Datalinx, the information services division of TMX Group, will offer investors a one-stop shop for digging deeper into more than 1,100 mining and mineral exploration companies listed on Canada's Toronto Stock Exchange (TSX) and Toronto Venture Exchange (TSX-V). The brainchild of Emily King, a geologist and visionary with extensive mining industry...
With the announcement of Nokia's 5G standalone private wireless networks, Sandvik Mining and Rock Technology have opted to employ Nokia's 5G SA private network at its Tampere test mine in Finland. Utilizing Nokia's Digital Automation Cloud – an industrial-grade digital automation service platform that provides a reliable, secure, and high performance private wireless network platform – this standalone 5G will be used to enhance communications and connectivity at this testing g...
Two world leaders in mining robotics – Sandvik Mining and Rock Technology and Exyn Technologies Inc. – have formed a partnership that is expected to set the standard for fully autonomous underground mining. A world leader in mining automation, Sandvik has been implementing digital mining solutions for more than two decades. The global mining supplier offers both underground mining equipment and advanced systems for autonomous and remote operations of equipment. Sandvik's Aut...
Geology dictates where mineable concentrations of the metals we need for our everyday modern lives are located. It so happens that USA Rare Earth LLC and Texas Mineral Resources Corp.'s Round Top rare earths and critical minerals project is in the sunny West Texas high desert. This puts one of America's richest deposits of the rare earths that go into the powerful magnets used in wind turbines and electric vehicles smack in the middle of one of the best places in the world...
Scientists at Karlsruhe Institute of Technology (KIT) in Germany have developed a patent-pending process for what may be a cost-effective and environmentally friendly way to extract lithium from the geothermal waters on the German and French sides of the Upper Rhine Trench. Lithium, a key ingredient in the batteries powering electric vehicles, renewable energy storage and a plethora of rechargeable electric devises. This battery metal is primarily recovered from South...
With hopes of improving efficiency, safety and profits, the vast majority of mining companies around the globe are incorporating internet of things technologies into their operations, according to a study completed earlier this year by Inmarsat, a global leader in mobile satellite communications. The Rise of IoT in Mining, a report detailing the results of a survey conducted for Inmarsat, found the success of this digitization of the mining sector is being hampered by a...
SUEK, among the world's largest coal and energy companies, is testing autonomous trucks using 5G network at its Chernogorsky open pit mine in Khakassia, Russia. A pilot project at the coal mine in southern Russia is testing the potential of 5G to network 130-ton BELAZ-7513R equipped with an autonomous haulage system developed by Zyfra, a Finnish-Russian industrial digitization leader. The trucks are part of the Zyfra Intelligent Mine system, a mining automation platform that...
Shell and IBM have joined forces to create Oren, a global business-to-business digital mining services marketplace platform aimed at helping companies find solutions related to mine safety, sustainability, planning, and operational efficiency. The incorporation of artificial intelligence, blockchain, autonomous mining equipment, ore sorting, predictive maintenance, drones, and remote health and safety monitoring technologies have been increasingly adopted by the mining sector...
Mineral Council of Australia has published a climate action plan that supports the ongoing commitment by the Australian minerals industry to decarbonize the economy and further address climate change. The plan outlines how the MCA and its members will act on climate change as part of the mining sector's collective commitment to the Paris Agreement and its goal of net zero emissions globally and in Australia. "The minerals industry has already taken a strong proactive approach...
The cost savings offered by artificial intelligence-powered predictive maintenance, compared to standard preventative maintenance, is a game-changer for mining and other commercial enterprises. "Reactive maintenance costs enterprises billions each year in lost production. The ultimate goal is not to replace machines or parts too early but service them at the right time," said Vankata Naveen, disruptive tech analyst at GlobalData. "This can be done optimally using AI-powered...
Global mining company Anglo American is harnessing the virtual reality and motion capture expertise of STS3D and Vicon Motion Systems to create a state-of-the-art virtual environment to safely train mining initiates on the accurate use of explosives for underground development. Anglo first set out to solve a truly difficult question: how can one appropriately and safely train recruits to blow things up thousands of feet beneath the ground? At Anglo Platinum operations in...
Axora, a new cross-industry innovation hub providing a global marketplace of digital solutions, has launched an online resource center aimed at helping mining companies rebound from and thrive after the COVID-19 pandemic. This "Smart Mining" resource center provides the latest industry insights and access to digital solutions and technologies which mining companies can adopt to accelerate their business growth, reduce wasted investment, and avoid duplication. "The downtime cau...
RIO Analytics and OneWatt, innovative companies showcased in the Prospect Mining Studio cohort, are taking unique approaches to a fast-growing mining technology, shifting from the old method of preventative maintenance to a future of artificial intelligence-enabled predictive maintenance. Arnhem, Netherlands-based OneWatt is utilizing AI for predictive maintenance in a remarkably interesting way, through sound. Predicting and detecting faults in industrial equipment, OneWatt...
