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RESOLVE and Insight Terra Announce a Strategic Partnership To Launch an AI-Enabled Solution to Monitoring Tailings From Active and Abandoned Mines
NORTHAMPTON, UK / ACCESSWIRE / November 7, 2022 / RESOLVE, a Washington, DC based international non-governmental organization (NGO) known for its innovative solutions to environmental and health challenges and Insight Terra, a London based start-up providing an environmental and infrastructure risk management platform and solutions, have formed a strategic partnership to deliver an end-to-end environmental and social risk management solution for the mining industry. The solution combines satellite and earth observation coupled with ground sensors to independently monitor the highest risk tailings dams, public or privately owned.
The innovation integrates Insight Terra's leading mine product, Tailings Insight with RESOLVE's TrailGuard AI to create a sustainable monitoring, management, and mitigation solution for mining operations of all types and sizes.
Tailings Insight is built on Insight Terra's award-winning Insight Platform and is now deployed with a number of global mining companies to monitor risks posed by tailings dams. The platform includes a cloud-based IoT data management system, satellite connectivity, and earth observation data.
A unique, new feature is RESOLVE's TrailGuard AI, a cryptic camera-alert system with embedded AI customized for mining operations. This monitoring technology has proven effective for detecting poaching and intruders and now serves other environmental needs by running detectors on-the-edge to prevent illegal logging and human-wildlife conflict.
TrailGuard AI is a product of WildTech, a conservation technology start-up launched by RESOLVE.
The partnership addresses the urgent call by the Church of England (COE) and others for better monitoring of risks from tailings dams and solutions to prevent environmental hazards1. Our combined solution is aligned with the Global Industry Standard on Tailings Management (GISTM) promulgated in 2020 by the International Council on Mining and Metals (ICMM), the United Nations Environmental Program (UNEP) and Principles for Responsible Investment (PRI). The GISTM requires mines with high-risk tailings facilities, both active and closed, to comply by August 2023, less than a year away. This solution meets that timeline.
RESOLVE's new start-up, Regeneration-a social purpose enterprise that uses the re-mining and processing of waste from legacy mine sites to restore natural environments and help communities realize better closure results-will support this effort by partnering with industry and government to test this solution at re-mined sites and de-risk closed sites.
The leadership of both organizations recognizes that the path to a clean energy transition requires more minerals, and our partnership is designed to help bring them to market safely and sustainably. We will collaborate to scale additional innovative technologies aligned with this objective2.
RESOLVE and Insight Terra partner with Inmarsat, the leading global mobile satellite communications provider, in its ELEVATE global IoT ecosystem.
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1 They have also called for a Global Tailings Monitoring System and Tailings Legacy Fund which will be addressed at a COE sponsored global summit planned for London in January 2023.
2 The World Bank estimates a 500% increase in global mining activity over the next two decades to produce the more than three billion tons of minerals required to deploy the wind, solar, geothermal power, as well as energy storage, to support the energy transition.
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Quotes
"The need for reliable, real-time monitoring of mine tailings storage facilities could not be greater in light of yet another catastrophic and deadly failure in South Africa in September this year. Protecting people, and the planet, is our mission at Insight Terra. In partnership with RESOLVE, we will work closely with mine operators, investors, and regulators to advance this comprehensive mine monitoring solution. The powerful combination of satellite connectivity, earth observation data, real-time IoT, and valuable ground truth sensors and data, goes far toward achieving this collective goal." - Alastair Bovim, Insight Terra Co-founder and CEO
"The tailings challenge is daunting and requires a range of engineering, social, and environmental solutions. We've identified two innovations that can help: re-mining tailings to restore sites and innovative, AI-enabled monitoring. With Regeneration's re-mining solution, tailings waste is turned into a resource. By coupling Tailings Insight with TrailGuard AI we achieve safer, more sustainable closure outcomes. This is a double win for the climate and communities." - Stephen D'Esposito, RESOLVE President and Regneration Founder
"Using our technology, AI-enabled monitoring becomes a force multiplier-whether the issue is tailings, poaching, illegal logging, or illegal fishing the challenge is the same, how to get trained "eyes" on the problem at scale and within budget. We can train our solution to see and interpret. The partnership with Insight Terra extends our reach and impact." - Eric Dinerstein, WildTech CEO
Contacts
RESOLVE - Stephen D'Esposito, RESOLVE President and Regeneration Founder: sdesposito@resolve.ngo
Insight Terra - Alastair Bovim, Insight Terra Co-founder and CEO: Alastair.Bovim@insightterra.com
Notes to Editors
RESOLVE (https://www.resolve.ngo/) is an independent international nongovernmental organization (NGO) based in Washington, D.C., with locations in Vancouver, Canada, and Colombia, Switzerland.
Insight Terra (https://www.insightterra.com/) is an environmental and infrastructure risk management platform provider headquartered in London, U.K., and with locations in Cape Town, South Africa, Dublin, Ireland, and Palo Alto, California.
WildTech (http://impactatresolve.com/wildtech/) is a start-up conservation technology enterprise.
Regeneration (https://www.regeneration.enterprises/) is a restoration and mining enterprise registered as a public benefit company.
View additional multimedia and more ESG storytelling from RESOLVE on 3blmedia.com.
Contact Info:
Spokesperson: RESOLVE
Website: profiles/resolve
Email: info@3blmedia.com
SOURCE: RESOLVE
View source version on accesswire.com:
https://www.accesswire.com/724199/RESOLVE-and-Insight-Terra-Announce-a-Strategic-Partnership-To-Launch-an-AI-Enabled-Solution-to-Monitoring-Tailings-From-Active-and-Abandoned-Mines
