Lessons From The Biggest Mining Innovations Of The Last Decade

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If you are a keen observer of the world of mining, you know that mining has changed drastically over the past decade. This has mainly happened due to a shift of focus on efficiency, safety, and sustainability. New technologies are being discovered continuously. Mining companies are starting to use automation and AI, and much more digital connectivity is used in the current and future mining technology. In this article, we are bringing you some key lessons that show how the industry has evolved and how you can stay competitive.

Automation and Operations

Automation has been one of the key pillars of change in the last decade. With machines taking over, the repetitive tasks in mining industries have been greatly reduced. It has improved worker safety by avoiding risks for the laborers. Robotics with remote-controlled machines are widely employed to reduce long working hours and better precision. Companies that have changed quickly are gaining an edge, while late adopters are struggling in this decade.

AI and Data Analytics

AI has gained popularity in the last 5 years, but it has been around for decades. Many mining companies have adopted the use of AI and data analytics to improve their working methods. With the use of AI, they can now predict equipment failures, analyze mineral deposits, and optimize transport routes. Machine learning has also improved operations greatly with maintenance scheduling and breakdown alerts, all done by intelligent algorithms.

Sustainability is Essential

Mining methods have been deteriorating the environment in the past. Therefore, new mining methods are evolving with time. New technology in mining industry is reducing emissions with electric or hybrid equipment that reduces the impact on the environment. New water recycling methods are evolving with a major shift in how machines are being used.

Digital Connectivity Became the Backbone

With the world becoming more interconnected, digital connectivity is becoming the backbone of operations in mining. Mines are now using Wi-Fi and cloud-based systems to improve communication. This lets the managers track work in real-time while improving safety and efficiency. Remote operation centers managing mine sites from miles away.

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Original Source: https://bit.ly/4iGFFLV

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