Hello,

We noticed you're browsing in private or incognito mode.

To continue reading this article, please exit incognito mode or log in.

Not an Insider? Subscribe now for unlimited access to online articles.

Simson Garfinkel

A View from Simson Garfinkel

Applying Open Source Ideas to Mineral Exploration

A friend sent me this link to a June 2002 Fast Company article about the Red Lake mine in in northwestern Ontario. Briefly, the article describes how the owners of an underperforming gold mine put all of their internal data…

  • December 2, 2003

A friend sent me this link to a June 2002 Fast Company article about the Red Lake mine in in northwestern Ontario.

Briefly, the article describes how the owners of an underperforming gold mine put all of their internal data on the net and ran a contest to the world’s academic geologists, challenging them to find the gold. There were many high-quality entrants. The winners got cash prizes of several hundred thousand dollars; the mine has drilled for gold and found it.

I wrote back to my friend and said “that’s a great story; it’s a pity that it’s more than a year old, otherwise I would blog it.”

Then I realized — why not? It’s still a good story.

Uh oh–you've read all of your free articles for this month.

Insider Premium
$179.95/yr US PRICE

Want more award-winning journalism? Subscribe to Insider Basic.
  • Insider Basic {! insider.prices.basic !}*

    {! insider.display.menuOptionsLabel !}

    Six issues of our award winning print magazine, unlimited online access plus The Download with the top tech stories delivered daily to your inbox.

    See details+

    What's Included

    Unlimited 24/7 access to MIT Technology Review’s website

    The Download: our daily newsletter of what's important in technology and innovation

    Bimonthly print magazine (6 issues per year)

/
You've read all of your free articles this month. This is your last free article this month. You've read of free articles this month. or  for unlimited online access.