Wheaton Precious Metals

Wheaton Precious Metals has announced the return of its Future of Mining Challenge, offering a $1 million prize for innovative water management technology. Open to ventures worldwide, the 2025/26 competition aims to uncover solutions that improve mining efficiency while reducing environmental impact.

Expressions of interest are due by August 29, with finalists presenting at the PDAC Convention in Toronto next March. This year’s challenge, delivered in partnership with Creative Destruction Lab-Vancouver, builds on Wheaton’s commitment to sustainability. “Constant innovation is essential,” said CEO Randy Smallwood. The initiative seeks to accelerate commercialization of breakthrough water technologies across the global mining sector.

Want to know more? Check out the source code on CleanEnergy.ca.

Vancouver-based Wheaton Precious Metals has launched the inaugural Future of Mining Challenge, offering USD $1 million to a winning venture for advancing mining technology. The initiative focuses on reducing environmental impacts, improving mining efficiencies, and contributing to climate solutions.

Wheaton’s President and CEO, Randy Smallwood, emphasized the importance of fostering innovation to make mining practices more sustainable. The challenge, supported by Foresight Canada, invites cleantech companies to submit solutions aimed at reducing greenhouse gas emissions in mining operations. Applications open on September 18, 2024, with the winner announced in March 2025.

Want to know more? Check out the source code on CleanEnergy.ca.