Chrysos Corp. Ltd. (AU:C79) has announced a significant partnership with Newmont Corporation, the world’s leading gold company. The agreement involves implementing Chrysos’ innovative PhotonAssay technology in Newmont’s gold mining operations. The initial step in this collaboration will be the installation of a PhotonAssay unit at Newmont’s Ahafo mine in Ghana. This move is a crucial part of Chrysos’ strategy to convert major gold miners to its technology, which promises to enhance operational efficiency and environmental sustainability. ## About Chrysos Corporation Chrysos Corporation, based in Adelaide, specializes in developing technology solutions for the global mining industry. Its flagship product, PhotonAssay, offers a faster, safer, and more environmentally friendly method for analyzing gold, silver, copper, and other elements. ## Key Details of the Agreement
- Implementation of PhotonAssay technology in Newmont’s gold mining projects
- Initial installation at Ahafo mine in Ghana
- Expected to improve operational efficiency and environmental sustainability
Company Overview
Chrysos Corp. Ltd. is a technology company focused on the mining sector. With its innovative PhotonAssay technology, the company aims to revolutionize the analysis of precious metals and other elements in mining operations. The partnership with Newmont Corporation is a significant milestone for Chrysos, highlighting the potential of its technology in the industry.