Green Mining Innovation: Cut Time and Cost While Unearthing a Sustainable Future in the Mining Industry with Geoffrey Wade.

Revolutionizing the Mining Industry With a Green Mining Innovation called MFT?: Harnessing A.I. and Satellites for a New Kind of Mining Exploration.

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And if that wasn't enough, Geoffrey Wade and Onirik do more; AR/VR technologies for a safer, more efficient, and sustainable future and companies.

MFT?, your next ESG mining initiative, have you heard? It's a game-changer in exploration. Boost time to market, reduce costs, embrace green mining, and helps corporate funding initiatives.

The mining industry is at the cusp of a technological revolution.

While it has faced criticism in the past for its environmental and social impacts, innovations and strategies are transforming the way mining is conducted.

One company at the forefront of this change is Onirik, bringing remote sensing and virtual reality simulations to the mining industry.

In our recent podcast episode, Geoffrey Wade, the company's founder, discussed the groundbreaking potential of new exploration and virtual world simulation technologies and how they could change the face of the mining industry forever.

Like many other "green approaches" this exploration technology also ticks commercial boxes. It's much faster, much lower cost, delivers a lot a data about the ore body (or reservoir), and is lower risk (it has much higher project success rates.)?It sounds too good to be true. But it is real. And it has been around for a while, the research started 30 years ago. Since then it has been proving itself in hundreds of projects, and now it is beginning to get more widely acknowledged and deployed - Geoffrey Wade

Remote Sensing Technology: A Game Changer for Exploration

Two remote-sensing exploration technologies that could make a most significant contribution to the mining industry are the Mineral Finder Technology (MFT) and Oil and Gas Finder Technology (OFT).

This technology enables mining companies to identify and evaluate mineral deposits quickly and accurately.

Traditional exploration methods often take years to complete and involve drilling hundreds of holes in the ground.

In contrast, the MFT and OFT remote sensing technology can significantly reduce the time required for exploration by identifying potential mineral deposits and reservoirs in 12 weeks.

The MFT & OFT technology works by measuring the distortions in the planetary magnetic field, at the resonant frequency of the resource of interest, at the Earth's surface.

These signals can be analyzed to reveal the presence of specific natural resources, such as copper, gold, crude oil, gas, and water.

This information can then create a detailed map of the mineral deposits, allowing mining companies to make informed decisions about where to drill.

The implications of this technology are significant.

Faster exploration times mean reduced costs for mining companies, which can lead to more efficient use of resources and potentially lower environmental impacts.

Moreover, the increased accuracy of the remote sensing technology can reduce the number of false positives, which means fewer unnecessary drilling operations and a reduced risk of damaging the environment.

Enhancing Worker Safety and Efficiency with AR/VR Solutions

Another technology Onirik brings to the mining industry is the FutureView 3D smart spaces. These are virtual world simulations designed to improve worker safety and mine efficiency.

According to Geoffrey Wade, many industries struggle with fast deployment and workforce adoption of new technologies.?Transformation projects in all industries have an unacceptably low success rate (around 34%), and the cost of failures is high.

In their work with mining clients, Onirik aims to address these issues by providing workers with access to real-time information and immersive training experiences where they can learn through trial and error. The cost of failure is virtual. At the same time, the learning is real, deeply imprinted, and transfers to on-the-job behavior change.

For example, the FutureView 3D smart space VR technology can overlay critical safety information onto a worker's field of view, helping them learn to recognize and respond to potential hazards and make safer workplace decisions.

Moreover, the FutureView VR smart space technology creates realistic simulations of mining environments for orientation training, rehearsal of new cultures of practice, or practice with new information technology, automation, equipment, and procedures before deployment.

This can increase safety, as workers are better prepared for challenges in a real-world mining operation.

The Environmental Benefits of Technologies Provided by Onirik

While Onirik are primarily focused on improving the efficiency and safety of mining operations, they also help miners with significant environmental outcomes.

The increased accuracy of remote sensing technology means that mining companies can target mineral deposits more precisely, reducing the amount of land disturbed during exploration and extraction.

Furthermore, using digital twins technology to rehearse mine designs, environmental impacts, constraint management, and working with communities has a track record for significantly improving mining operations' overall efficiency and throughput.

Both the exploration and simulation technologies have a track record for contributing to a more sustainable mining industry.

Social Implications and Addressing the Challenges

Adopting new technologies in the mining industry can have far-reaching social implications.

One of the industry's most significant challenges is the loss of job opportunities due to automation and increased efficiency.

Geoffrey Wade says he has seen the history in other industries where introducing advanced technologies automated dangerous work and created new, higher-skilled jobs.?He believes the same will happen in mining.

As mining operations become more efficient and technologically advanced, the demand for skilled workers to manage and maintain these new systems will grow.

This presents an opportunity for the mining industry to invest in education and training programs to help workers develop the necessary skills to succeed in a rapidly evolving industry landscape.

Onirik's commitment to improving worker safety and reducing environmental impacts can help the mining industry improve its public image and regain the trust of communities affected by mining operations.

Companies like Onirik can play a crucial role in fostering a more positive relationship between mining companies and local communities by demonstrating that the industry can operate responsibly and sustainably.

Key takeaways

1. Growing concern for the environment has led to an increasing demand for eco-friendly practices in the mining industry due to the rising awareness of the environmental impact of traditional mining methods.
2. Various innovative technologies and practices, such as bioleaching, in-situ leaching, and water-recycling systems, are emerging to reduce the environmental footprint of mining operations.
3. Bioleaching is an environmentally-friendly technique that uses bacteria to extract valuable metals from ores, reducing the need for harsh chemicals and energy-intensive processes. It has the potential to recover metals from low-grade ores and waste materials.
4. In-situ leaching involves dissolving valuable minerals from the ore body in their natural environment, reducing the need for large-scale excavation and the resulting environmental disturbance, making it especially beneficial for extracting metals from deep underground deposits.
5. Innovative water-recycling systems can significantly reduce freshwater consumption in mining operations, conserving precious resources and minimizing pollution.
6. Governments play a crucial role in encouraging green mining practices by implementing regulations, providing financial incentives, and investing in research and development.
7. Collaboration between the mining industry, governments, and academic institutions is essential to drive innovation, share knowledge, and ensure the successful implementation of sustainable mining practices.
8. The mining industry must continually strive to improve its practices and technologies to minimize environmental impact and meet the increasing demand for sustainable resources.
9. Raising awareness about the importance of green mining and its potential benefits can help garner public support for adopting these innovative technologies and practices.

Conclusion

The mining industry is embracing a technological revolution, and companies like Onirik are among those supporting the charge.

The solutions Onirik bring are helping mining companies with their vision to transform the way mining is conducted, making it more efficient, safer, and environmentally responsible.

Adopting these FutureSmart mining technologies can bring numerous benefits to mining corporations.

Faster exploration times, reduced costs, improved worker safety, and enhanced efficiency are some advantages offered by these cutting-edge solutions.

Moreover, the environmental benefits of more precise mineral targeting and reduced land disturbance can contribute to a more sustainable mining industry.

As the mining industry continues to progress, companies like Onirik are keen to play a role in helping the industry realize its vision for shaping a safer, environmentally responsible, and productive Future.

By harnessing the power of remote sensing and AR/VR technologies, they have the potential to redefine the industry for the better, making it safer, more efficient, and environmentally responsible.

In doing so, they can help ensure the long-term sustainability of the mining industry and its ability to provide essential resources for our modern world.

Discover more about MFT?, the green mining innovation you may not have heard of that cuts mining exploration time and cost:

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