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Be the first with the news that moves the market- Nanotechnology company, Sixth Wave Innovations (SIXW) is now collaborating with mining companies in North America and Australia
- The first initiative with Mining and Process Solutions (MPS) will utilise Sixth Wave’s IXOS technology and MPS’ GlyCat process
- Sixth Wave and MPS are also collaborating with the Centre Technologique des Résidus Industriels (CTRI) and a Canadian gold producer
- The initiatives will examine company technologies in order to test more environmentally friendly mining processes
- Sixth Wave Innovations (SIXW) is down 2.86 per cent and is currently trading for C$0.34 per share
Nanotechnology company, Sixth Wave Innovations (SIXW) is now collaborating with mining companies in North America and Australia.
The initiatives in question will examine company technologies, in order to test more environmentally friendly mining processes.
The primary test work initiative is with Mining and Process Solutions (MPS), an Australian company with exclusive global rights to the glycine leaching process. The collaboration will utilise Sixth Wave’s IXOS molecular imprinted polymer for gold extraction, and MPS’ GlyCat process.
MPS’ GlyCat process was invented to reduce cyanide consumption, whilst simultaneously maintaining gold recovery for gold ores from deposits which contain nuisance copper.
Sixth Wave and MPS are also collaborating with the Centre Technologique des Résidus Industriels (CTRI) and one of Canada’s top gold producers. This secondary project will focus on developing an environmentally friendly flow sheet for the gold mining industry.
The collaborators will examine MPS’ acidic and alkaline leaching technologies and Sixth Wave’s molecular imprinted IXOS resin technology, for extracting gold from alternative lixiviants. The testing will be done on ore which is provided by the undisclosed Canadian miner.
Sixth Wave’s President and CEO, Dr Jon Gluckman, commented on the company’s new collaborative initiatives.
“Our collaboration with MPS is an important initiative for Sixth Wave and our IXOS high performance gold extraction products.
“The industry is keenly interested in new and innovative approaches to leach and recover gold as a replacement, in whole or in part, for conventional processes.
“In order to focus on lowering CAPEX and OPEX, and to comply with environmental and regulatory constraints, Sixth Wave is extremely interested in leveraging our technology with the benefits of the MPS glycine leaching and recovery process,” he said.
Sixth Wave Innovations (SIXW) is down 2.86 per cent and is trading for C$0.34 per share, as of 1:45pm EDT.
