1. The demonstrated application of innovative technologies, especially Preferred Innovative Technologies, resulting in favorably measured commercial results.
2. Innovative technologies are defined as new equipment, processes or systems that result in significant technological improvement to the exploration, economic viability, and extraction of minerals.
3. Preferred Innovative Technologies are defined as technologies that are currently cutting edge in other fields or novel mineral research initiatives.
4. The award will consider Innovation across the full mining cycle from exploration to closure and include ancillary roles such as engineering, construction, supply side and logistics.
5. The pace of advancing the industry through innovation is unpredictable and therefore the committee is not obligated to award a recipient every year.
6. Examples might include seafloor mining, space mining, autonomous vehicles, novel drone implementation, mineral processing advances, mineral economics innovations, etc. They would currently include robotics, autonomous operation, artificial intelligence, machine learning, etc.