The Memorandum of Agreement (MOA) was signed between the Chamber of Mines and The Innovation Hub and will give both parties the ability to identify and understand the makeup and structure of ore bodies that is critical to the future success of the mining industry.
The Innovation Hub, a subsidiary of the Gauteng Growth and Development Agency (GGDA) is Africa’s first Science and Technology Park accredited by the International Association of Science Parks. It is focused on accelerating the adoption of emerging technologies; whilst addressing inclusivity, poverty alleviation and job creation.
The Advanced Orebody Knowledge Challenge, run through The Innovation Hub’s OpenIX innovation exchange, is looking for proposals to ‘see through rock’ by 30 September 2016.
McLean Sibanda, CEO of The Innovation Hub, says that Gauteng continues to play a critical role in South Africa’s mining sector and there is a significant opportunity to support innovation in related industries and growth of mining equipment manufacturing in the province.
“Our OpenIX platform has been used by some of the country’s largest firms to accelerate their innovation processes and we aim to do similar on this ore body knowledge challenge,” says Sibanda.
Roger Baxter, Chamber of Mines CEO notes that Gauteng was built on mining and remains an important centre for the supply of mining services and equipment.
“This initiative will use state-of-the-art innovation tools and through constructive partnerships, will ensure that mining will again deliver social and economic growth to Africa’s most powerful region,” Baxter says.
The Chamber of Mines is excited to use innovative platforms and tools to take this challenge to the best and brightest minds out there.
The Innovation Hub’s OpenIX team is working in partnership with the Chamber of Mines and Research Institute for Innovation and Sustainability, a South African innovation consultancy, to run the challenge process and engage researchers and entrepreneurs on potential solutions to the challenge.