How Goldcorp’s new COO plans to disrupt the mining industry
During this year’s Prospectors and Developers Association of Canada conference, Goldcorp’s new COO, Todd White, hosted a much-awaited event called #Disrupt Mining.
The initiative was a partnership with Integra Gold. By using the format of a TV contest, it aimed at backing innovative technologies capable of transforming the mining sector.
But White himself arrived at the conference with a plethora of new ideas on how to improve, in terms of profitability and sustainability, the operations of both Goldcorp (NYSE:GG,TSX:G) and the overall industry.
Speaking to MINING.com’s Cecilia Jamasmie, White explained that the main goals of the company’s digital transformation strategy are to increase success in exploration by relying on big data and machine learning; boost communication, response, and productivity by creating a mobile-enabled workforce; dive into autonomous mining operations; slash mining's environmental footprint by incrementing the use of renewable sources of energy and carbon neutral equipment; and to optimize decision-making processes by using advanced data collection and real-time analytics.