The Elements of Innovation Discovered
The Elements of Innovation Discovered
Sorted by date Results 401 - 425 of 450
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...
Up next on the cohort of companies included in the Prospect Mining Studio lineup is Carbon Upcycling Technologies; a company that believes carbon is a resource, not a problem, and is developing a system that could lead to new methods of transforming emissions into carbon nanoparticle additives for commercial applications. By utilizing carbon dioxide emissions to cultivate nanoparticles that can enhance materials like concrete, plastics and batteries, the Calgary,...
American Manganese Inc. has launched tests focused on upgrading and expanding its RecycLiCo pilot plant, which recovers cobalt, lithium, nickel, manganese, and aluminum from the cathodes of spent lithium ion batteries. American Manganese's revolutionary process and optimistic goal of reclaiming valuable critical minerals from lithium-ion batteries for reuse by the energy sector captured headlines earlier this year. With nearly 100% of valuable cathode metals being reclaimed...
The World Bank Group estimates that more than 3 billion tons of minerals and metals will be needed to deploy the wind, solar and geothermal power, as well as energy storage, required to meet carbon reduction goals to achieve the 2 degree Celsius temperature increase limit outlined in the 2015 Paris Agreement. The global adoption of renewable energies could power a 500% increase in the annual production of battery minerals such as graphite, lithium and cobalt, according to a...
Burgeoning startup LexSet is taking an innovative approach to artificial intelligence training by creating an infinite amount of information by generating synthetic data. Based in Brooklyn, New York, the now synthetic data generation company did not initially start with plans to become so. Originally focused on creating a spatially aware AI for interior design, their vast accumulation of data inevitably led them to discover the potential of synthetic data for powering visual...
From taking on a new gold exploration project in British Columbia's famed Golden Triangle to hitting gold with an artificial intelligence targeted drill hole in Ontario, it has been a busy week for GoldSpot Discoveries Corp. On May 4, GoldSpot reported promising results from machine learning mapping on Manitou Gold Inc.'s Patents property, part of the larger Goudreau gold project in northeastern Ontario. One of the holes generated from this AI work, MTU-20-14, cut 0.5 meters o...
Aptly named startup Phoenix Tailings seeks to transform a core concern within the mining sector, the waste materials from mining, into a profitable and sustainable new solution and market. Founded in 2018, Boston-based Phoenix Tailings saw potential untapped value in the waste left behind by the refining of metals and decided to get into the business of mining this mine waste, which could revolutionize the sector if done sustainably and economically. Intending to leverage this...
With many mineral exploration geologists self-isolating behind a computer screen instead of out in the field breaking rocks, artificial intelligence offers a means of generating new exploration targets with the reams of previously collected geological, geochemical and geophysical information. Minerva Intelligence, which is redefining the emerging industry of artificial intelligence-assisted mineral exploration, believes the TERRA Mining AI suite of software services it has to...
Internet of Things (IoT) devices, machine learning and automated equipment being implemented to facilitate smooth operations in mining and other industrial sectors will see new ease of use with the latest network advancements in wireless connectivity. The next generation has begun to roll out with 5G and with it a more integrated system of development. To preface, a common misconception with the name of telecommunication technology starts simply with the letter G, as they are...
Space exploration and colonization will not always be able to rely on the expense of rocketing goods beyond the gravitational pull of Earth. Instead, the mining of ice and other minerals for fuel, water and building materials will need to be carried out by aspiring extraterrestrial pioneers such as SpaceX. To ensure space explorers are able to extract the resources they need to travel to, live and work on the Moon, Mars and beyond, President Donald Trump has signed an...
Coal-fired power plants have been inadvertently creating deposits of rare earth elements while producing low-cost electricity for American consumers. Eyeing the untapped potential in the ashes of decades of burning coal, researchers at Purdue University have developed a sustainable way to extract and separate these tightly interlocked elements into the metals needed for modern technology. And any efficient and environmentally friendly process developed to separate REEs found i...
The world's foremost mill relining company, Kaltech International, has reinvented the painstaking yet necessary task of mill relining with innovations that lessen downtime, improve safety and increase profitability. Kaltech Sentinel, the company's latest line of state-of-the-art mill relining products, includes smart bolts and sturdy cameras that provide an unprecedented look inside an operating mill. "Producing products that will benefit the mining industry is a goal of...
