IBM Collaboration a Promising Development for Nippon Dragon Resources

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Canadian mining and technology company Nippon Dragon Resources (NIP:CA) announced Monday that it had retained IBM (IBM) for the purposes of developing cloud-based information acquisition systems that would work in conjunction with Nippon’s ground-breaking thermal fragmentation technology. The service would allow Nippon Dragon to collect data from thermal sensors on thermal fragmentation units in the field.

The ability to gather data from a wide variety of sources and then compile it in a central, cloud-based system, Nippon Dragon will be able use real-word results to optimize its process. This multi-experiential databank should mean that Nippon Dragon can take its already exciting new technology and fine tune its use until its benefits are maximized.

"We are extremely pleased by the interest demonstrated by IBM in working with us to develop the concept of the ‘Intelligent Mine’,” said President and CEO André Savard. “Mines need to increase automation in order to optimize operations and significantly reduce overall mining costs, increase productivity, provide safer working conditions all while minimizing its impact on the environment and our mining method meets and even exceeds all of the above-mentioned criteria."

Thermal Fragmentation is Better for Environment, Safety, and Bottom Line

Nippon Dragon’s process for thermal fragmentation involves drilling several exploratory holes in a more traditional fashion, but then using a thermal head and compressed air and water to more precisely remove ore veins. The process is accurate to 2 cm and offers myriad benefits. When compared with traditional methods, thermal fragmentation produces five to six times less dilution, meaning considerably less waste rock. It’s also completely mechanized, meaning it requires only a three-person team, while significantly reducing the risk of physical injury.

Nippon Dragon, though, is not simply a tech company. In addition to its thermal fragmentation technology, Nippon Dragon is an active gold miner, operating three sites in Quebec and Peru. By combining bold new technology with strong mining properties, Nippon Dragon looks to have the potential to grow into a mid-sized gold producer, providing strong returns for its shareholders.

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Companies

Symbol Name Price Change % Volume
IBM International Business Machines Corp 160.25 0.41 0.26 75,557

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