It’s the gold rush all over again, except this time, high-powered electronic equipment will replace the old hammers, chisels and pickaxes of yesteryear.

Newmont Goldcorp Corporation announced the creation of the Borden Gold Project — also known the  “mine of the future” — which will utilize Newmont’s line of sustainable and electric mining equipment instead of diesel fuel-powered machinery.

Featuring Newmont’s state-of-the-art digital mining technologies and low-carbon energy vehicles, Borden is expected to achieve commercial production in the fourth quarter of this year.

Tom Palmer, Newmont Goldcorp’s President said this new “mine” with its “electric underground fleet will eliminate diesel particulate matter from the underground environment and lower greenhouse gas emissions. This will help reduce energy costs, protect employee health and minimize impacts to the environment.”

Borden has recently received full permission to operate in Ontario having signed Partnership Agreements with local First Nations who inhabit the land where the project intends to mine for gold ore.

Read more about the gold mine of the future on the Fox News website  HERE

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