The Future of Mining
How Tech is Changing the Mining Industry’s Future
Sourced from Mining Weekly. The mining industry across the globe is currently undergoing a technological paradigm shift. Mines of the future will require advanced technologies and mining operators are all set to embrace the new digital technologies to gain a competitive advantage. For centuries, mining has provided us with the raw materials that have enabled us to develop our economies and build communities. Mining as an industry has been maturing over the last few decades on the back of an ever-increasing demand for resources on one side, and a need for sustainability on the other. Even though there have been challenges in the South African mining industry for several years, it still employs nearly 5% of South Africa’s employed workforce, makes a significant direct contribution to GDP, si...
The Rise of IoT in Mining
The latest research study conducted by Inmarsat found that the global mining sector is undergoing an Internet of Things (IoT) revolution with respondents reporting significant increases in adoption of connected technologies. Mining organisations reported successes in implementing projects to safeguard workers via remote tracking, monitor drilling, and observe acid mine drainage remotely. However, despite this progress, a range of challenges are hindering the sector’s ability to reap the rewards that IoT has to offer. According to the research, most organisations (65%) have fully deployed at least one IoT project, while 33% are trialling or have trialled a project, with only 2% of respondents not having begun an IoT project. Noticeably, there is considerable geographical variance in IoT ado...
