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PRECIOUS METALS: Wheaton leverages blockchain to streamline accounting
VANCOUVER – Wheaton Precious Metals (NYSE: WPM), one of the world’s largest precious metals streaming companies, has hired Blockhead Technologies, a software company that creates blockchain-enabled solutions for the global mining sector. Wheaton will be leveraging Blockhead’s technology as part…
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GOLD: Goldspot partners with Pacton on AI exploration at Red Lake
ONTARIO – Goldspot Discoveries announced Friday a signed service agreement with Pacton Gold to use Goldspot’s A.I. and machine learning tools to evaluate and identify possible mineral and drill targets on Pacton’s Red Lake property. Goldspot has been granted a 0.5% smelter royalty on the property and the option to purchase an additional 0.5% net smelter return…
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VENTURE CAPITAL: BDC launches $250M innovation fund
MONTREAL – BDC Capital, the investment arm of Canada’s only bank devoted exclusively to entrepreneurs, has pledged $250 million to an industrial innovation venture fund. The funds will be invested in tech companies and entrepreneurs transforming core Canadian business –…
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TAILINGS: Inmarsat to monitor dams for Minas Gerais government
BRAZIL – Inmarsat, a leading global supplier of mobile satellite communications, has signed a memorandum of understanding with Minas Gerais state government to explore the potential of internet of things (IoT) solutions for monitoring the integrity of mine tailings dams…
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WATER TREATMENT: BQE Water to supply first SART plant in China
CHINA – BQE Water was awarded a contract to proceed with the implementation of a SART p lant at a gold metallurgical facility owned and operated by Shandong Zhongkuang Group located in eastern China. The contract was awarded following the…
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DREDGING: Precision technology available from Cable Arm
MICHIGAN – Cable Arm Inc. is a specialist manufacturer of dredging equipment, located in Trenton, Mich. The company’s premier product is a unique clamshell bucket, designed to dig up a layer of soil having constant thickness with each scoop. Conventional…
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LITHIUM: XPS, Frontier partner to pilot LiOH process
ONTARIO – Frontier Lithium Inc. has entered into a strategic partnership agreement with XPS Expert Process Solutions (a Glencore company) and Dr. Ahmad Ghahreman, a Queen’s University professor, to develop a process to refine spodumene concentrate into lithium hydroxide. The partnership…
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GOLD: 6TH Wave, CyPlus sign representation deal for gold extraction nanotechnology
SALT LAKE CITY, Utah – 6th Wave Innovations has signed sales and marketing agreement for its IXOS nanotech gold extraction resin with CyPlus GmbH of Germany. CyPlus will represent 6th Wave in Mexico, Europe, Turkey and Egypt. IXOS resin provides…
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TRADE SHOW: bauma 2019 attracts 620,000 visitors
MUNICH, Germany – bauma 2019 has come and gone attracting a record breaking 620,000 visitors from around the globe. They wore out their shoe leather going from one to another of the 3,700 exhibitors from 63 countries, the largest numbers…
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Genomics applications to wastewater prove their worth
Initiatives to replace chemicals with naturally occurring microbes in mine wastewater treatment are improving as researchers get a handle on how bugs thrive in situ. “Tailings and wastewater are biologically reactive because they contain a lot of materials and elements…
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DIAMONDS: Firm develops technique to detect rough and polished lab-grown yellow diamonds
HONG KONG – A Hong Kong-based developer of tech systems for detecting lab-grown, imitation and treated diamonds has created a new device aimed at amplifying the range of detectable merchandise to include all rough and polished stones in the lower…
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EXPLORATION: Australian scientists developing tool capable of delving deeper into Earth’s rock layers
WESTERN AUSTRALIA – Researchers at Australia’s Curtin University announced that they are working on a project to develop a new fingerprinting tool capable of delving deeper into the Earth’s rock layers. In a press release, the scientists said the mechanism promises…
