British Columbia Innovation Council

Minesense Technologies

Congratulations to Minesense for progressing to the 3^rd round of this year's BCIC-New Ventures Competition.

Vancouver's MineSense Technologies has developed the mining industry's first mineral-specific sensor technology to accurately detect and reject barren waste rock from low-grade nickel/copper ores. Using rugged, high-frequency electromagnetic spectrometers integrated into common elements in the material handling system of a mine (such as mining shovels, scoops, conveyor belts and ore feeders).  The value in the ore is sensed, and waste rock is identified and rejected prior to being processed in the mill.  This significantly reduces energy and costs, and increases metal recovery, greatly increasing profitability at the mine.

The top ten companies advancing to the fourth and final round of the competition will be announced August 31, 2011. The finalists, each vying for a piece of the $375,000 in prize packages, will be awarded September 22, 2011 in Vancouver.

Learn more about the BCIC-New Ventures Competition and the 2^nd annual regional competition launching this fall at www.newventuresbc.com or on Twitter.  The five-month, three-round BCIC-New Ventures Competition: Regional is open to any BC resident located outside metro Vancouver who has not yet secured significant financing from outside investors

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