Key Highlights

  • DIGITAL allocated $19.9 million to two Canadian mining innovation projects focused on critical minerals and land restoration.
  • Novamera Inc. Secured $3.8 million for its Surgical Mining solution, designed to cut waste by up to 90%.
  • Saw its stock dip in early trading after DIGITAL unveiled a $19.9 million investment in Canadian mining technology.

saw its stock dip in early trading after DIGITAL unveiled a $19.9 million investment in Canadian mining technology. The funding targets innovations aimed at boosting critical mineral extraction and accelerating land restoration, though investors reacted cautiously to the news.

What Happened

DIGITAL announced two mining innovation projects on July 9, 2026, totaling $19.9 million. Novamera Inc. Received $3.8 million to develop its Surgical Mining solution, which integrates AI-driven subsurface imaging and robotics to reduce waste by up to 90%.

Koonkie Canada Inc. Secured $2.89 million for a restoration monitoring platform expected to cut costs by up to 40% and shorten timelines by 5-10 years.

Why It Matters

The projects align with Canada’s push to strengthen critical mineral supply chains, particularly for copper and rare-earth elements.

By the Numbers

DIGITAL’s $19.9 million investment splits into two initiatives: Novamera’s $10.9 million Surgical Mining project and Koonkie’s $8.9 million restoration platform. The company’s role in the initiative is indirect, as DIGITAL operates as a separate technology accelerator, but the news highlights growing industry focus on sustainable mining solutions.

What's Next

Both projects aim to scale from development to commercial adoption, with Novamera targeting the Cam Copper project and Koonkie integrating Indigenous ecological knowledge into its platform.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.