Montreal’s fund Cycle Capital now billionaire (article en français)
September 13, 2017Why mining should rethink innovation, not reinvent it.
May 3, 2018Most people think of a shovel as a pretty basic tool – you use it to move stuff from one place to another. But what if the shovel was smart? What if it could analyze and know exactly what it was carrying? That’s the idea behind a new mining technology Teck is pioneering to improve productivity and sustainability at our operations.
To make a shovel smart, sensors are mounted on the shovel bucket and use x-rays to tell the difference between waste rock and valuable ore, one shovel load at a time. The sensors, combined with analytics, provide real time information to determine whether the load is worth sending to the mill for processing, or for handling as waste rock. Decisions that were once a matter of informed estimates can instead be based on real-time data, leading to improved mill productivity, reduced energy use, and less water consumption.