We are proud to announce our US$1million investment in Acoustic Zoom, an advanced geophysics company specializing in innovative seismic solutions. Acoustic Zoom was awarded the top prize at #DisruptMining 2018, after placing as a semi-finalist in #DisruptMining 2017.
Gasification plant in Edwardsport, Ind., helps drive economy
Rising 18 stories above the fields in rural Indiana, Duke Energy’s Edwardsport power plant is a technological marvel and among the cleanest coal-fired power plants in the world.
Edwardsport Integrated Gasification Combined Cycle (IGCC) station in Knox County, Ind., produced a record 3.9 million megawatt-hours of energy in 2017, a 28 percent improvement over its previous record.
This year for World Water Day we decided to get creative and introduce you to a story about water! Days of Our Droplets combines an explanation of where water comes from and where it goes at a mine site with a story about some of the unfortunate potential consequences of poor water management that you may have heard about in the news. We then go on to show how good water stewardship combined with innovative water-saving technology helps solve these problems in our industry.
After years of relying on a manual paper-based system and radio communications to relay vital information to underground equipment operators, Ontario’s Musselwhite mine recently implemented a digital fleet management system for underground vehicle dispatch that helped improve productivity and enhanced safety.
With the fastest-growing middle class in the world and a population expected to double by 2050, Africa had tremendous potential for growth in the construction, agriculture, mining, power, energy and transportation sectors.
Click here to learn how Caterpillar, our dealers and the Caterpillar Foundation are committed to helping Africa realize its potential by investing in service facilities, logistics facilities, and education and skills development.
Goldcorp is amongst the industry’s leaders in our approach to innovation and responsibility at every stage of the mining cycle and our involvement in the Innovation Superclusters Initiative provides an additional collaborative opportunity to support the industry’s transformation.
As one of the oldest operating mines in Canada, Porcupine Gold Mines (PGM) has been an integral part of the Timmins, Ontario community since 1910. Part of its community commitment includes placing a high priority on water conservation and preservation to reduce its environmental impact.
In recent years, PGM has dramatically reduced its reliance on fresh water from nearby Porcupine Lake, taking important steps forward to reuse process water and help Goldcorp realize its Toward Zero Water vision.
Until relatively recently, the mining industry has been slow to innovate. Now, virtually every area of mining is undergoing a technological upheaval. At the forefront of this transformation in mining are disruptive technologies – ground-breaking concepts that challenge traditional and accepted practices and are shaking up the industry.
Recently completed project will increase profitable gold production and extend mine life
Profitably and responsibly extending our existing operations is one of the ways Newmont creates value and improves lives through sustainable and responsible mining.
In August, we announced that commercial production had begun – safely, on schedule and within budget – at our Tanami Expansion Project in Australia’s Northern Territory. The $120 million capital investment is expected to increase annual gold production at the mine by 80,000 ounces per year, lower all-in sustaining costs and extend mine life by three years.
As Newmont is a multinational business, fraud and corruption present significant risks to our reputation, license to operate and ability to grow.
To address these risks, we have strengthened our global ethics program to better maintain our commitment to integrity and our principles of governance. Over the past year, we expanded our team to include dedicated ethics and compliance managers in those countries where we operate that are at a higher risk of corruption, namely Ghana, Peru and Suriname, as well as Indonesia prior to the divestiture in late 2016 of the Batu Hijau mine.