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EU funding (€5,217,844): Sustainable mineral resources by utilizing new Exploration technologies Hor1 Dec 2017 EU Research and Innovation programme "Horizon"
Overview
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Sustainable mineral resources by utilizing new Exploration technologies
Smart Exploration consists of a research and application team supported by a group of technologically advanced SMEs and the mining industry. The consortium will firstly focus on developing cost-effective, environmentally-friendly tools and methods for geophysical exploration in highly challenging brownfield areas where exploration expenditure is greater and the return time (from exploration to production) shorter. A second focus point will be long-term greenfield exploration with the aim of reducing exploration costs, implying significant improvement in development rates and a sustainable supply of raw materials at the same rate as the whole world wishes to grow. Therefore, new innovative ideas will also be tested for greenfield exploration to increase the potential of finding new major deposits of relevance to the EU. The overall objectives of the tasks are to develop (1) cost-effective and innovative exploration instruments comprising airborne, surface, downhole and in-mine modular-based geophysical systems, (2) new exploration targets through multidisciplinary and integrated approaches, (3) novel reprocessing and handling of legacy exploration data that will generate additional information and targets for detailed exploration, and (4) validating all these developments, to maximize their impacts, at relevant exploration sites covering greenfield, near-mine and in-mine areas using known targets. We anticipate that these developments will not only generate new technological and methodological markets for the EU, but will also result in improved exploration strategies in the EU and beyond. The nature of the consortium, the partners involved, and the commodities that are considered will result in highly useful exploitation of the developments envisaged in the project and a guarantee of their successful use beyond the project life.
Funded Companies:
| Company name | Funding amount |
| Aarhus Universitet | €272,116 |
| Amkvo AB | €86,875 |
| Bitsim AB | €253,125 |
| Delphi-Distomon Anonymos Metalleftiki Etaireia | €14,875.00 |
| Eage Events B.V. | €279,338 |
| Ethnicon Metsovion Polytechnion | €75,000 |
| Geopartner SP Zoo | €143,100 |
| Geovista AB | €65,883 |
| Hellas Gold SA | €42,500 |
| Helsingin Yliopisto | €140,656 |
| Instytut Geofizyki Polskiej Akademii Nauk | €113,875 |
| Laboratorio Nacional de Energia e Geologia I.P. | €144,125 |
| Ludvika Kommun | €23,750 |
| MIC Nordic AB | €53,750 |
| Nordic Iron ORE AB | €130,250 |
| Politecnico Di Torino | €215,456 |
| Proxis SP Zoo | €45,625 |
| Seismic Mechatronics B.V. | €175,625 |
| Seismotech Geofisikes Meletes Anonimos Etaireia | €105,000 |
| Skytem Surveys ApS | €578,375 |
| Somincor - Sociedade Mineira de Neves-Corvo SA | €17,500.00 |
| Sveriges Geologiska Undersokning | €417,474 |
| Technische Universitaet Bergakademie Freiberg | €293,094 |
| Technische Universiteit Delft | €289,245 |
| Turun Yliopisto | €64,094 |
| Uppsala Universitet | €1,128,389 |
| Yara Suomi Oy | €48,750 |
Source: https://cordis.europa.eu/project/id/775971
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