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Smarter Prospecting

November 18, 2019 By EarthWise Leave a Comment

The global demand for copper and gold continues to grow. Copper is widely used in building materials, plumbing, and electronics. Gold is still highly valued for jewelry and coinage, but nearly a third of the world’s gold is now used in electronics.

Both of these metals are getting increasingly difficult to find as many of the known sources have been exhausted. Companies spend millions of dollars drilling deeper and deeper in search of new deposits.

It costs about $400 to drill one meter into rock and it is not uncommon to drill to depths of one to two kilometers. So, it can cost nearly a million dollars to drill a hole that has no guarantee of success. Given that ore deposits are tiny compared with the totality of the search space, prospecting for these metals is very much like looking for a needle in a haystack.

A researcher at the University of South Australia has developed a suite of geochemical tools to more accurately target valuable mineral deposits and thereby save drilling companies millions of dollars. The goal is to have drilling for valuable minerals be faster, cheaper and more environmentally friendly.

By mapping out where key chemical elements are found in greater concentrations, the new suite of tools greatly increases the chances of finding an ore deposit at a target site and thereby greatly improve the return on investment for exploration companies. The tools have been successfully tested at an iron oxide-copper-gold deposit in the north of South Australia, leading to a four-fold increase in the known footprint of their ore body. Finding economically viable enriched ore sites can generate both revenues and jobs.

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Prospecting for gold just got a lot easier (and cheaper)

Photo, posted April 21, 2005, courtesy of Adam via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.

The Benefits Of Zero-Carbon Cities

November 8, 2019 By EarthWise Leave a Comment

A new report issued by a coalition of 50 leading international institutions shows that low carbon initiatives in cities could reduce urban emissions by nearly 90% and support 87 million jobs worldwide by 2030. The report finds that implementing low carbon measures in cities would be worth almost $24 trillion by 2050.

Cities are home to more than half the world’s population but produce 80% of gross domestic product and 75% of carbon emissions. The research highlights the significant benefits carbon reduction can bring to cities in areas such as public health, job creation, and poverty alleviation.

The report shows that it is possible to cut 90% of emissions from cities using currently available technologies and practices including carbon savings from buildings, transportation, materials efficiency, and waste reduction. Doing so would require an investment of nearly $2 trillion per year but would generate annual returns of nearly $3 trillion in 2030 and $7 trillion in 2050 based on cost savings alone. Many low carbon measures would pay for themselves in less than five years, including more efficient lighting, electric vehicles, improved freight logistics, and solid waste management.

In addition to economic benefits, compact, connected and clean cities could provide a higher standard of living and greater opportunity for all. These measures would also reduce air pollution, cut chronic traffic congestion, and improve worker productivity.

The report offers case studies from around the world where national and local governments have worked together to rapidly and profoundly transform their cities for the better within 20 or 30 years.

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The benefits of investing in zero-carbon cities

Photo, posted September 8, 2018, courtesy of Steffen Flor via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.