The six semi-finalists for #DisruptMining 2019 and the five 'sharks' who will judge the live finale of Goldcorp's yearly innovation challenge have been named.
The semi-finalists are:
- Commercial Pau: With the use of a patented biometric technology, this company's Digital Remote Lock Out System is designed to enhance safety and security on-site while reducing the amount of time required to effectively complete the lockout process.
- Envisioning Labs has developed an innovative concept to reuse mine tailings to produce concentrated solar power reflectors. These reflectors are then used to generate clean energy and sorbents to reduce pollution.
- ETF Mining's Modular Mining Vehicles are fully electrified, digital and autonomous, offering improved efficiency and reduced environmental impact. Their modularity allows for the adoption and integration of new technologies as they become available.
- Gekko Systems supplies innovative modular equipment and processing technologies focused on the recovery of gold. It is introducing the development of a product, the OnLine Gold Analyser, which will help determine the actual gold content in mineral processing slurries and solutions in real time.
- Hydrostor's Advanced Compressed Air Energy Storage technology transforms unused mining infrastructure into energy storage systems that help mines manage their energy use and reduce their environmental footprint. The system can serve both the electricity grid and mining operations alike, reducing operational costs and providing legacy mines with new revenue opportunities.
- RubberJet Valley uses a proprietary high-pressure water jet that breaks down large truck and mining ‘OTR’ (off-the-road) tyres in an environment-friendly way. The resulting material is then used to produce new tires or other rubber-based products for commercial use.
Three finalist will be named next month and will pitch their ideas to a panel of industry leaders, who will award one of the finalists the opportunity to negotiate a $1-million investment in its technology, company or idea.
The panel will include Goldcorp chairperson Ian Telfer, University of British Columbia (UBC) student and #DisruptMining UBC captain Jacob Yeung, KPMG Australia global head of mining consulting Katie Valentine, Digital Technology Supercluster CEO Sue Paish and Chrysalix Venture Capital president and CEO Wal van Lierop.
Since the launch of #DisruptMining in 2017, Goldcorp has invested over $10-million in a range of new technologies and companies identified through the #DisruptMining innovation accelerator.