1. Introduction. In a push to de-enclave the mining sector, resource-rich countries have imposed regulations on mining companies, including obligations to hire and train local workers, to buy from local suppliers and to advance local research and development (see e.g. Dobbs et al., 2013).Based on the South African innovation …
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A recent report has predicted that 5G in the mining industry will grow exponentially in the next six years, with strongest demand for the technology coming from the surface mining sector. Drone operation and AI . Drone autonomy also relies on 4G and 5G connectivity to operate successfully.
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Technology projects in the mining industry continue to make claims on further improvements to the work environment, and make wider claims still, but have not addressed underlying causes that lead to underperformance of technology in terms of work environment improvements. This paper suggests that when we look closer at the …
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That's a huge deficit, especially considering the enormous benefits digital technology can bring to the sector. By accelerating digital transformation, metals and mining players can boost throughput, …
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1. Introduction. The mining and metals industries have had and will continue to have an important role in advancing human civilization (Stubrin, 2017).From gravel to iron and aluminum to rare earths, the products from this industry are essential to building houses and roads, cars and trains, and batteries and solar panels (Figueiredo and …
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This report examines key industry trends including the shift towards renewable energy and sustainability considerations, technological advancements, and the deepening relationship between supply chains, socio-environmental effects and geopolitics. ... The World Economic Forum convened a group of senior leaders from the Mining and …
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The study of trends in the mining sector in the previous years highlights that this conservative sector continues to use traditional but tested and verified technology and tools due to the dangerous nature of work. A major reason, aside from safety, is the financial aspect, as the changes in mining operations lead to drastic alterations on a ...
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on academic platforms relating to blockchain technology in the mining industry did not retrieve a considerable number of articles. Consequently, a thorough review of white papers and articles authored by individuals on use cases within the min-ing industry is compiled and presented in this manuscript. This paper identies all the potential areas ...
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Modern mining practices routinely integrate technology in mining into workflows to improve operational efficiencies. While competitiveness is a compelling reason for innovation, technology development and the use of artificial intelligence (AI) can also play a role in managing employee health, decreasing safety risks, and managing the …
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The industrial perspective has recently altered significantly, with digital innovation taking center stage and sustainability as the primary target. The mining …
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The mining industry is at a tipping point where sustainability and decarbonization are top items on CEOs' agendas. To achieve a 1.5°C climate-change target by 2050, the mining industry will need to reduce direct CO 2 emissions to zero. Encouragingly, our analysis shows that solutions to decarbonize the majority of …
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FDI technology spillovers in the mining industry: Lessons from South Africa's mining sector ... We conclude that the mining industry focuses on SDGs 3 "Good health and well-being," 1 "No ...
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How important is AI to the mining industry. 66% of mining companies are using AI in 2022, up from 57% in 2021, according to the latest survey from Axora. of the 160 decision makers in the mining industry surveyed, agreed technology and innovation is/are critical to their organisation's survival.
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Technology is increasingly becoming a core component of mining & metals sector business strategies as it seeks to meet this demand and improve efficiencies. Since 2020, rising operational costs and growing anxieties about the capacity of critical mineral supply necessary to meet the demand needs of the energy transition have put the …
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Speaking separately to Mining Technology, Ross Phillipson, an Australia-based cybersecurity and information governance lawyer at A&O Shearman, also points to IT/OT convergence as an emerging threat in the mining sector. He adds that it is "often ageing OT equipment that gets exposed through this attack surface".
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The mining industry faces many challenges as the world moves towards more sustainable sources. ... This holds true for technological and employment forces, whereby a singular focus on …
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The mining industry has seen a surge in demand for autonomous vehicles in recent years. As technology continues to advance, companies are increasingly turning to autonomous solutions to increase efficiency, productivity and safety. It's easy to understand why automation is an attractive prospect; autonomous mining equipment can operate …
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In parallel with the technological wave brought by the digital transformation, a series of other trends have been gaining relevance in the mining industry over recent years. Driven by safety and environmental concerns, cost reduction, enhancement of efficiency, and productivity in the …
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Mining Technology has listed the leading suppliers of communications systems, based on its intel, insights, and decades-long experience in the sector. The list includes providers of radios and other communication equipment for surface and …
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The mining industry is increasingly using artificial intelligence in innovative ways to optimize processes, enhance decision-making, derive value from data, and improve safety.
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The mining technology at their disposal today is revolutionizing traditional mining processes and more companies will inevitably invest in this new technology. Improved productivity, enhanced safety and substantial cost savings are just a few of the benefits technology brings to the mining industry.
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The Equinix Mining Technology Report 2021-22 revealed that mining companies invest heavily in connectivity, telecommunications, automation, and data technology.
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Overthe years, most mining companies have made significant investments in a range of back-end technology systems. In embracing a digital future, however, miners will likely need to modernize many of these legacy systems and migrate to a digital core—raising a range of considerations around moving to the cloud, adopting sound …
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Thus in the mining sector, a single key technology is not discernible in the current digitalisation trend. Instead, the present innovation process consists of a complex network of remarkably diverse approaches and new technology options.
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McKinsey Metals & Mining published a 2015 paper that predicted a technology-enabled transformation of the mining industry. …
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As innovation in the mining industry continues to evolve, the following 7 technology trends are shaping the future of mining. Mining Automation While some mines operated with minimal staff, there was a clear need to increase productivity while protecting the safety of their workers.
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Although a great deal of mythic lore and romance has accumulated around miners and mining, in modern mining it is machines that provide the strength and trained miners who provide the brains needed to prevail in this highly competitive industry. Technology has developed to the point where gold is now mined underground at …
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The technology is unlike anything else in the mining sector, with the company envisioning a "bio-refinery" to recover gold from waste in a two-stage process. First, a traditional leaching process removes base metals such as iron and copper from electronic waste, before a patented acidic compound is applied to the waste, strong …
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Despite these challenges, Fortescue remains committed to sustainable mining and continues to be a driving force for ESG in the industry. "Within the mining industry, we have been seeing progressive attention towards scope 1 and 2, which make up around 40% of total emissions, suggesting that ESG goals are not blind promises," …
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Global Mining Review, Wednesday, 04 September 2024 10:00. Advertisement. The mining industry has long been synonymous with heavy machinery, …
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