$10 Million Prize Awaits Silver Solution

Barrick Gold Corporation of Toronto is inviting scientists, engineers, and inventors to find a solution to an unsolved mining puzzle. A $10 million performance bonus will be paid for a method or technology that is successfully implemented, the company announced this week. The National Mining Association's weekly newsletter reported on the contest Sept. 21.

The challenge is finding a way to recover silver from Barrick's Veladero gold mine in Argentina. Geologists have determined there are 180 million ounces of silver contained in the mine's gold reserves, with much of the silver encapsulated in silica. Barrick's contest site, www.unlockthevalue.com, says traditional methods of mining, mineral processing, and extractive metallurgy have recovered only 6.7 percent of the silver.

The company will fund the research, pay a consulting fee, provide resources and expertise, and help develop and test the idea for proposals that are judged to have merit. Jan. 21, 2008, is the deadline for submitting Phase 1 proposals; participants are required to register and must present their proposals in English. In addition, all submissions must adhere to Barrick's commitments in safety and health, environment, and social responsibility, the company says.

Download Center

  • Safety Metrics Guide

    Is your company leveraging its safety data and analytics to maintain a safe workplace? With so much data available, where do you start? This downloadable guide will give you insight on helpful key performance indicators (KPIs) you should track for your safety program.

  • Job Hazard Analysis Guide

    This guide includes details on how to conduct a thorough Job Hazard Analysis, and it's based directly on an OSHA publication for conducting JHAs. Learn how to identify potential hazards associated with each task of a job and set controls to mitigate hazard risks.

  • A Guide to Practicing “New Safety”

    Learn from safety professionals from around the world as they share their perspectives on various “new views” of safety, including Safety Differently, Safety-II, No Safety, Human and Organizational Performance (HOP), Resilience Engineering, and more in this helpful guide.

  • Lone Worker Safety Guide

    As organizations digitalize and remote operations become more commonplace, the number of lone workers is on the rise. These employees are at increased risk for unaddressed workplace accidents or emergencies. This guide was created to help employers better understand common lone worker risks and solutions for lone worker risk mitigation and incident prevention.

  • EHS Software Buyer's Guide

    Learn the keys to staying organized, staying sharp, and staying one step ahead on all things safety. This buyer’s guide is designed for you to use in your search for the safety management solution that best suits your company’s needs.

  • Vector Solutions

Featured Whitepaper

OH&S Digital Edition

  • OHS Magazine Digital Edition - May 2022

    May 2022

    Featuring:

    • WEARABLE TECHNOLOGY
      How Wearable Technology is Transforming Safety and the Industrial Workplace
    • TRAINING: CONFINED SPACES
      Five Tips to Improve Safety in Confined Spaces
    • INDUSTRIAL HYGIENE
      Monitor for Asbestos to Help Save Lives
    • PPE: FALL PROTECTION
      Fall Protection Can Be Surprising
    View This Issue