Goldcorp, Wikinomics and Changing the World - The Diigo Meta page

• 30 Oct 10
  

  anneaaby

  gull gruvedrift åpen innovasjon foredrag fønni inspiration inspirasjon

• 02 Apr 10
  

  Mark Krynsky

  McEwen had an epiphany and sat back in his chair to contemplate. If Goldcorp employees couldn't find the Red Lake gold, maybe someone else could. And maybe the key to finding those people was to open up the exploration process in the same way Torvalds "op

  prize innovation

• 23 Jan 10
  

  paul tozer

  how collaboration helped save a mining company

  goldcorp wikinomics collaboration

• 17 Sep 09
  

  Nick Gall

  Today Goldcorp is reaping the fruits of its open source approach to exploration. Not only did the contest yield copious quantities of gold, it catapulted his under-performing $ 100 million company into a $9 billion juggernaut while transforming a backward

  via_delicious_20101217 crowdsourcing contestinnovation pinboardimport20141106

• 23 Sep 08
  

  Kimberly Mayer
• 31 Jul 08
  

  Will Richardson

  Annotated link http://www.diigo.com/bookmark/http%3A%2F%2Fwww.bullnotbull.com%2Farchive%2Fwikinomics.html

  • McEwen raced back to Toronto to present the idea to his head geologist. "I'd like to take all of our geology, all the data we have that goes back to 1948, and put it into a file and share it with the world," he said. "Then we'll ask the world to tell us where we're going to find the next six million ounces of gold." McEwen saw this as an opportunity to harness some of the best minds in the industry. Perhaps understandably, the in-house geologists were just a little skeptical.
  • Over 80 percent of the new targets yielded substantial quantities of gold. In fact, since the challenge was initiated an astounding eight million ounces of gold have been found. McEwen estimates the collaborative process shaved two to three years off their exploration time.
  • $ 100 million company into a $9 billion
  • When I saw the computer graphics I almost fell out of my chair." The contestants had identified 110 targets on the Red Lake property, 50 percent of which had not been previously identified by the company. Over 80 percent of the new targets yielded substantial quantities of gold. In fact, since the challenge was initiated an astounding eight million ounces of gold have been found. McEwen estimates the collaborative process shaved two to three years off their exploration time.
  • The contestants had identified 110 targets on the Red Lake property, 50 percent of which had not been previously identified by the company. Over 80 percent of the new targets yielded substantial quantities of gold.
  • Today Goldcorp is reaping the fruits of its open source approach to exploration. Not only did the contest yield copious quantities of gold, it catapulted his under-performing $ 100 million company into a $9 billion juggernaut

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