The Elements of Innovation Discovered

(15) stories found containing 'newmont corp'


Sorted by date  Results 1 - 15 of 15

  • PV power station at the Natural Bridges National Monument.

    DOE funds clean energy at mining sites

    A.J. Roan, Metal Tech News|Updated Apr 8, 2024

    U.S. Energy Department provides $475M for clean energy in five projects at mine sites across the nation . Looking to revitalize the industry that has supported and continues to support thousands of Americans for over a century, the Department of Energy announced nearly half a billion dollars in funding to accelerate clean energy deployment at five current and former mine sites. DOE has selected five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia...

  • Technicians monitor autonomous mining equipment on large computer displays.

    OEMs offer solutions to mining challenges

    K. Warner, Metal Tech News|Updated Jan 2, 2024

    Alongside the industries they complement, original equipment manufacturers (OEMs) have been tasked with staying ahead of the curve, assessing emerging market trends and technology, and developing best practices and solutions for the future. Their supportive services and specialized equipment have played an integral role in bringing mining operations into the future. Tomorrow's mines and their backers bank on three pillars – efficiency, safety, and sustainability. This primaril...

  • Mine tailings from Newmont Corp.'s Musselwhite Mine in Canada.

    Nextgen miners might include microbes

    K. Warner, For Metal Tech News|Updated Nov 15, 2023

    Each year in Canada, roughly 200 active mines contribute to billions of tons of mining waste. The estimated number of tailing storage facilities surveyed worldwide is over 12,000. While considered industrial waste, these facilities also contain a number of useful minerals at a concentration deemed too low to be worth extracting-until now. Enter biomining, which covers several biological separation technologies offering eco-friendly recovery of valuable and strategic materials...

  • Labeled sample jars on a conveyor are fed into a PhotonAssay analysis unit.

    Major endorsement of PhotonAssay tech

    Shane Lasley, Metal Tech News|Updated Nov 8, 2023

    Barrick puts in an order for up to 13 PhotonAssay units to be installed at its gold mines on four continents. In a major endorsement of Chrysos Corp.'s PhotonAssay as a faster, safer, and more accurate technology for gold analysis, Barrick Gold Corp. is ordering up to 13 new units for delivery to its mine sites on four continents. "Barrick's global adoption of our technology is a watershed moment for us, underlining PhotonAssay's superiority to outdated and hazardous fire...

  • Aerial view of rock crushing and screen operation at a quarry in Cyprus.

    Destigmatizing tailings in carbon capture

    K. Warner, For Metal Tech News|Updated Apr 16, 2023

    Global electrification of an extensive amount of industrial processes necessitates a counterbalance to the wave of new mining required for the electric vehicles and renewable energy infrastructure to meet carbon neutrality imperatives without doing further damage to the environment or simply displacing problems to other areas of the value stream. Technologies for capturing carbon dioxide are improving, but the captured CO2 still needs a rock-solid alternative to expensive...

  • Cat 793 Electric mining truck towers over more than 50 people posed for a photo.

    Cat unveils two electric mining prototypes

    Shane Lasley, Metal Tech News|Updated Dec 6, 2022

    Demonstration of Cat 793 Electric mining truck; new mine site of the future to be built at Tucson test site. With executives from some of the world's largest mining companies on hand to witness the historic event, Caterpillar Inc. carried out its first demonstration of a battery electric 793 large mining truck prototype at the heavy equipment company's proving grounds south of Tucson, Arizona. Roughly as tall as a two-story building and capable of carrying nearly 500,000...

  • Aerial view of the large Elm Branch solar energy farm in Texas.

    First Solar powers new tellurium demand

    Shane Lasley|Updated Sep 12, 2022

    Rare metalloid key element of CdTe thin-film solar cell tech The rising popularity of thin-film solar cells as a highly effective means of converting sunlight into electricity is creating increased demand for tellurium, amongst the rarest of the stable elements on the periodic table. Tellurium is a metalloid, one of seven elements with properties that fall between metals like aluminum and tin and non-metals like carbon and phosphorus. These semimetals, which also include...

  • A large Komatsu mining haul truck being tested at a site in Arizona.

    Mining sector races to net-zero by 2050

    Shane Lasley, Metal Tech News|Updated Aug 16, 2022

    CO2 reduction path for mines is difficult but not impossible Aligned with global climate goals agreed upon in international pacts such as the Paris Agreement, most of the major mining companies that will supply the raw materials required to build the low-carbon future have declared their own targets to reduce carbon dioxide emissions by 30 to 40% by 2030 and net-zero by 2050. How likely is it that this industrial sector known for its enormous diesel-powered digging and hauling...

  • Men install First Solar CdTe thin-film photovoltaic panels.

    Critical solar metal now produced in US

    Shane Lasley, Metal Tech News|Updated Jul 12, 2022

    As part of a wider initiative to recover critical minerals as byproducts at its current mining operations, Rio Tinto is now producing the tellurium used in thin-film photovoltaic solar panels at its Kennecott copper operation in Utah. "We are proud to deliver a new domestic supply of tellurium to support the manufacturing of solar panels and other critical equipment here in the United States," said Rio Tinto Copper Chief Operating Officer Clayton Walker. This key ingredient...

  • First Solar Nevada Gold Mines Barrick Newmont cadmium-telluride thin-film PV

    American solar for largest gold complex

    A.J. Roan, Metal Tech News|Updated Jul 12, 2022

    Looking to lower the carbon footprint of the single largest gold-producing complex in the world, Nevada Gold Mines has turned to First Solar Inc. to provide enough cadmium-telluride thin-film photovoltaic solar modules to supply up to 17% of the energy needs of its Nevada gold mines. A joint venture between Barrick Gold Corp. and Newmont Corp., the world's two largest gold mining companies, Nevada Gold Mines produces approximately 3.5 million ounces of gold a year. Joining a...

  • Newmont Caterpillar CAT electrification autonomous heavy equipment zero-carbon

    Newmont, Cat team up to electrify mining

    Shane Lasley, Metal Tech News|Updated Jul 12, 2022

    In a deal that is expected to electrify the future of mining, Newmont Corp. plans to invest $100 million into a strategic alliance with Caterpillar Inc. to develop fully connected, automated, and zero-carbon emitting mining systems. This marks a major step in Newmont's commitment to reduce its global greenhouse gas emissions 30% by 2030, with the ultimate objective of transforming to a carbon-neutral mining company by 2050. "A year ago, Newmont announced industry-leading emiss...

  • Newmont Corp. Tom Palmer carbon neutral 2050 $500 million 30%

    Newmont to invest $500M on climate goals

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    Newmont Corp. is investing $500 million over the next five years toward the ambitious goal of reducing its greenhouse gas emissions 30% by 2030, another step toward the ultimate objective of transforming to a carbon neutral gold mining company by 2050. "We fundamentally understand the human contribution to climate change and understand we reap what we sow. It is our responsibility to take care of the resources provided to us," said Newmont President and CEO Tom Palmer. For a...

  • Newmont Corp. Dingo Paul Higgins Trakka Jason Hill predictive maintenance AI

    Newmont expands predictive maintenance

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    Newmont Corp., the world's largest gold mining company, has forged a partnership with Dingo, the global leader in predictive maintenance, to ensure the optimal health of Newmont's fleet of heavy equipment without putting equipment out of commission for time consuming and often unnecessary preventative maintenance checks. Newmont is among the many global mining companies that are increasingly turning to predictive maintenance devices and software to track the health of equipmen...

  • GroundTruth fixed wing White Gold drones to drills exploration strategy Yukon

    White Gold adds AI to exploration system

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    White Gold Corp. is adding artificial intelligence to the exploration toolbox at its disposal as the innovative company unlocks the massive gold potential of its namesake district in the heart of Canada's Yukon Territory. White Gold already employs a systematic exploration strategy that combines traditional mineral exploration techniques such as soil sampling and good old-fashioned prospecting with state-of-the-art technologies such as the use of drones for lidar mapping and...

  • Cat autonomous self driving mining equipment haul trucks at Newmont gold Mine

    Autonomous trucks to haul Newmont gold

    Shane Lasley, Metal Tech News|Updated Jul 2, 2022

    Newmont Corp. Feb. 19 announced plans for the world's first open-pit gold mine with an entire fleet of autonomous haul trucks. The company's board of directors unanimously approved investment into this autonomous haulage system at Boddington, a mine in western Australia that produced more than 700,000 ounces of gold and byproduct copper last year. Total net investment in Boddington's autonomous haulage system is slated to be US$150 million. This investment is expected to...