Nordgold launches tailings monitoring system at Lefa
Norgold has implemented a new state-of-the-art monitoring system at its Lefa mine in Guinea. In line with the gold producer’s commitment to environmental stewardship, the new monitoring system uses satellite imagery processing algorithms to keep track of the condition of the mine’s tailings storage facilities to proactively identify potential risks.
Developed by Swift Geospatial Solutions, a service provider experienced in change detection algorithms, it also allows the company to monitor community welfare by tracking community dynamics, including house building.
Additionally, the technology can help to monitor artisanal mining activities around Lefa’s current mining permit, allowing local management to better assess and prevent potential safety and security hazards.
Evgeny Tulubensky, Nordgold’s Chief Legal Officer and Director of ESG at Nordgold, commented: “We are very pleased to test this innovative tool, enabled by satellites, at our Lefa mine. It will help us to receive timely and relevant information about the condition of Lefa’s critical environmental infrastructure and the mine’s immediate surroundings.
“Using this rich data, our aim is to continue reducing our impact on the natural environment and ensuring the sustainable development of local communities. Depending on the outcomes of this pilot, we will assess its viability for other Nordgold operations.”
The Lefa mine’s license area currently spans more than 1,100 km2. The latest satellite technology enables cost-effective monitoring of this expanse with regular updates and is backed by a robust A.I. package. As part of the new system, Planet and SkySAT satellite platforms will be used to perform different tasks, both integrated within the Swift Geospatial Solutions online platform. All outputs are delivered through a custom-built web-application and dashboard environment.
Founded in 2007, Nordgold is an internationally diversified one-million-ounce gold producer with over 8,000 people operating a portfolio of ten mines (in Burkina Faso, Guinea, Russia and Kazakhstan) and a number of development and exploration projects in West Africa, Eurasia and the Americas.
Axora launches global challenge for digital technology
Axora is launching the world’s first international competition to discover new cost-saving digital technology for industrial companies, which can produce rapid benefits within a year.
The Metals & Mining and Oil & Gas sectors have recently experienced budget cuts of 20% on average, driven by a variety of factors including the global pandemic, slump in demand and price wars. The Axora Cost-Saving Technology Challenge aims to transform these industries by discovering innovative, digital solutions that reduce cost fast and pay for themselves, whilst achieving the same or improved productivity, health and safety and sustainability standards.
“While digital solutions can help to get work done quicker and more cost-effectively, they typically require a three-year ROI, and if there’s no flexibility in the budget, a full budget planning cycle is needed to get things moving”, said Dr. Nick Mayhew, Chief Commercial Officer, Axora.
“Yet, extra financial cost is often incurred in delaying digital projects, so customers have asked us to highlight solutions that can have an ‘in year payback’ whereby the cost spent on the solution and deployment will be more than recovered within the budget year - this accelerates the timeline and drives positive business impact, quickly.”
The Axora Cost-Saving Technology Challenge
Axora is keen to learn of any digital cost-saving innovation which: meets the 12-month payback timeframe; can be deployed in any part of the value chain including upstream, downstream or midstream oil and gas, metals processing or mining; and is ready for market. The Axora Cost-Saving Technology Challenge is open to entrepreneurs, start-ups, academics and sector leaders across the world. The competition will be judged by a panel of leading industry experts.
“We’re passionate about supporting our industries and customers through all forms of digital transformation and the cost-saving solutions we are searching for could also provide a lifeline to many mining and metals and oil and gas companies in the current economic climate,” added Dr. Mayhew.
Improving productivity, safety and sustainability
Up to ten finalists will be chosen to pitch their solutions at a digital pitch day later this year, after which Axora will validate the ROI models and vet the solutions. The winner will receive the ‘Axora Market Accelerator’ sales and marketing package worth £10,000. This includes a two-hour workshop, promotion through Axora’s thought leadership content and inclusion into its digital demand engines, providing the opportunity for the winning solution to benefit thousands of industrial companies. Entries are open until May 31. Full details of the competition including terms and conditions can be found here.
To learn more about the Axora B2B digital solutions marketplace read our feature in the latest issue of Mining Global magazine.