EIGHT SEMI-FINALISTS TO SHOWCASE AT
#DISRUPTMINING INNOVATION EXPO
Highlights:
- The four finalists pitching their disruptive ideas and
technologies at #DisruptMining are:
-
- Acoustic Zoom Inc.
- EnviroLeach Technologies
- LlamaZOO Interactive Inc.
- Open Mineral AG
- Finalists to compete for the opportunity to negotiate up to
$1 million investment1 for
a proof of concept at one of Goldcorp's mines or direct investment
in the winning technologies
- Eight semi-finalists to showcase their disruptive ideas and
technologies at the #DisruptMining Innovation Expo
VANCOUVER, Feb. 26, 2018 /CNW/ - GOLDCORP INC.
(TSX: G, NYSE: GG) ("Goldcorp") is pleased to announce
the four finalists and eight semi-finalists for #DisruptMining
2018, an innovation accelerator designed to encourage new
technologies and ideas to solve some of the biggest challenges in
mining, with a $1M
investment1 up for grabs. Over 100 impressive
submissions were received, making for a difficult selection process
to determine finalists. The sold-out live finale will take place on
Sunday, March 4, 2018 at the Rebel
Entertainment Complex in Toronto
during the Prospectors and Developers Association of Canada (PDAC) convention, where finalists will
pitch their concepts in a "shark-tank" style event.
"Our goal was to uncover the next revolutionary concept that
will truly disrupt our industry. We were incredibly impressed by
the caliber of submissions we received this year and look forward
to engaging in discussions with all the semi-finalists and
finalists," stated Goldcorp COO, Todd
White. "The four finalists represent the innovative thinking
and collaboration our industry needs to ensure mining stays
relevant and does its job to fuel the 21st century
economy efficiently and responsibly."
The four finalists pitching their disruptive technology to the
panel of judges are:
- Acoustic Zoom Inc.: Acoustic Zoom aims to unlock the
potential of Canada's mineral
exploration sector with high frequency 3D imaging to help map
complex geological formations deep within the earth's
micro-structure. After earning a spot as a semi-finalist in
#DisruptMining 2017, Acoustic Zoom is back. A breakthrough in its
ultra high-frequency 3D Borehole Seismic imaging method provides an
unprecedented resolution of subsurface geological structures, while
reducing 3D survey costs by up to 90 percent. Acoustic Zoom's
method is intended to help exploration teams drill smarter, guide
planning and achieve investment value quicker with more actionable
and accurate information.
- EnviroLeach Technologies: EnviroLeach has developed
the world's only safe, stable, sustainable, eco-friendly and
economic alternative to cyanide. A unique, cost-effective and
environmentally friendly alternative to the current methods used in
the hydrometallurgical extraction of precious metals, including
the prolific use of cyanide, strong acids, mercury and
smelting processes. The EnviroLeach process, a patented chemistry
based on five FDA-approved ingredients, results in a product that
is non-toxic, safe to use and provides similar or superior leach
kinetics and recoveries to that of cyanide. It's the first
economically and technically viable alternative to the use of
cyanide since its introduction in the 1870s. Adoption and
application of the EnviroLeach method is expected to help to reduce
the environmental impact of mining, streamline permitting
processes, improve occupational safety and enhance operational
efficiencies.
- LlamaZOO Interactive Inc.: LlamaZOO Interactive has
created MineLife VR, a software platform which enables companies to
represent a mine plan from exploration to reclamation in an
interactive 1:1 scale using virtual reality, creating efficiencies
and value across investor, government, and community relations;
resource management; mine planning and reclamation; and business
development. Founded by former game designers and developers from
Electronic Arts and Microsoft, LlamaZOO's technology empowers
mining companies to tell a better story with their data – making it
more accessible and actionable for technical and non-technical
stakeholders alike. MineLife VR represents the first time that
spatial data of such a large and complex nature has been
successfully synthesized into a life-sized, interactive, virtual
reality experience. If a picture tells a thousand words then
MineLife's VR lets you experience a million.
- Open Mineral AG: Open Mineral, founded by former
Glencore executives, is digitizing the relic practices of physical
commodity trading that has operated the same way for decades.
By expanding the number of suitable metal concentrate
counterparties available worldwide, the Open Mineral Exchange is
transforming the way physical commodity trading is conducted. With
streamlined contract negotiations and execution to increase
efficiency and profitability for the participants, Open Mineral is
a 'one-stop shop' for trade execution with sights on implementing
blockchain solutions to further reduce processing time and costs
while improving cash-flow in concentrate trade
transactions.
Deciding the fate of the four finalists will be:
- Blanca Treviño, President & CEO, Softtek and Director of
Goldcorp
- George Salamis, President & CEO, Integra Resources
- Rob McEwen, Founder and CEO,
McEwen Mining
- Knott, University of British
Columbia Mining Engineering student and 2017 Engineers
Canada Gold Medal Student Award recipient, and
- Wal van Lierop, President &
CEO, Chrysalix Venture Capital
The #DisruptMining Expo
In addition to the four
finalists, eight semi-finalists have been chosen for the
#DisruptMining Innovation Expo. The Expo will take place on
Sunday March 4, 2018 from
4 p.m. to 6:30 p.m. EST at Rebel
Entertainment Complex in Toronto.
- Active Minerals: Active Minerals' Acti-Gel 208 is a
natural mineral additive that prevents particle build-up in slurry
pipelines, allowing for more efficient transport with vastly
reduced water usage.
- Earth Alive Clean Technologies Inc: Earth Alive EA1 is
the first microbial technology that is proven effective for dust
control. It significantly reduces the amount of dust created by
trucks driving on mine roads, creating smoother, cleaner surfaces
that require less water to maintain.
- ELEMISSION Inc: Elemission's MISSION:CORIOSITY
technology is a fully-automated core scanner designed to be easily
transportable and operated on-location at exploration and mining
sites, avoiding the need for costly and time-consuming laboratory
studies.
- Infosys Limited: Infosys' BlastAID improves the
efficiency, accuracy and predictability of blasting at mine sites,
making blasting safer and reducing clean-up time.
- Minerva Intelligence Inc: Minerva Intelligence
translates human knowledge and experience into data that machines
can understand, improving the machine's ability to accurately
identify exploration targets.
- Safescape: Safescape Edge Protector is a safer
alternative to traditional means of edge protection on haul roads
and allows for reduced haul road width.
- Synergen Met Pty Ltd: Synergen is developing the world's
only modular, transportable plant that makes sodium cyanide at the
mine site, reducing transportation of hazardous materials to site
and allowing for just-in-time supply.
- VEERUM: VEERUM's Digital Twin Platform bridges the gap
between what is envisioned in the planning phase of a project and
the reality on the ground, allowing for more accurate
decision-making, earlier in the process.
Net proceeds from the #DisruptMining finale event will be
invested in the future of the mining industry through
innovation-focused scholarships.
Goldcorp would like to again thank Co-Host KPMG and marquis
sponsor Hard-Line.
For more information about #DisruptMining, please visit:
www.disruptmining.com
About Goldcorp www.goldcorp.com
Goldcorp is a senior gold producer focused on responsible mining
practices with safe, low-cost production from a high-quality
portfolio of mines.
Cautionary Note Regarding Forward-Looking Statements
Certain disclosures in this document constitute forward-looking
statements, including the timing and completion of the
#DisruptMining expo and live finale. In making the forward-looking
statements, the Company has applied certain factors and assumptions
that are based on the Company's current beliefs as well as
assumptions made by and information currently available to the
Company, including that the Company is able to execute the
challenge in accordance with the terms described herein. Although
the Company considers these assumptions to be reasonable based on
information currently available to it, they may prove to be
incorrect, and the forward-looking statements are subject to
numerous risks, uncertainties and other factors that may cause
future results to differ materially from those expressed or implied
in such forward-looking statements. Such risk factors include,
among others, those matters identified in its continuous disclosure
filings, including its most recently filed MD&A. Readers are
cautioned not to place undue reliance on forward-looking
statements. The Company does not intend, and expressly disclaims
any intention or obligation to, update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.
1 CAD $1 million
investment not guaranteed, and/or investment may be allocated among
multiple finalists; exact level of investment, if any, is at
Goldcorp's sole discretion and subject to completion of appropriate
due diligence.
SOURCE Goldcorp Inc.