Latest Technological Trends in the Mining Industry

Metals and Mining Review | Friday, August 19, 2022

Leveraging new technology effectively in the mining industry can reduce cost and environmental impact.

FREMONT, CA: Recent technological trends in the mining industry indicate that the industry is moving toward a more sustainable direction. A mine powered by digital technology is now better able than ever to cater to the increased demand for mined products, exceed customer expectations, and comply with global sustainability initiatives. Delivering a modern, safe, and productive mine has become more accessible. Mining equipment ensures safety and reliability for miners while reducing costs and environmental impact.

Spatial data visualization: Data from spatial (or geospatial) sources is transforming mining. People are witnessing an increase in detailed and precise spatial data.

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A three-dimensional (3D) model creates a life-like impression with depth perception that helps the brain understand and relate to complex interconnected issues. By using 3D modeling, companies can reimagine the mine more efficiently to make it more efficient.

VR (Virtual Reality) is software that converts real-world information into a virtual environment that the user can experience. People get to immerse themselves in a 3-D environment created by the user within the virtual environment. Virtual reality technology gives miners an enhanced impression of what it is like to work in a mine or plan a new mine without actually being out there.

Augmented reality (AR) application overlays a digital representation of real-world environment over real-world image. A user's visual field enhances by computer-generated inputs such as sound, video, applications, and graphics in AR. In addition to reducing equipment maintenance costs, miners use augmented reality to train with virtual simulators.

Artificial intelligence: Insight-driven companies now use artificial intelligence (AI). They improve mine safety, productivity, and operational efficiency with smart data. With artificial intelligence generating daily data takes less time. Mines make decisions for the future using machine learning and artificial intelligence. The use of AI technology can improve mineral exploration and processing. AI makes it easy for self-driving trucks to navigate narrow tunnels. Single operators now control several drill rigs simultaneously, simplifying drilling systems.

Using drones: Many mining industries have seen a significant increase in drones or unmanned aerial systems (UAS) in recent years. UAS produces the same results as helicopters at a lower cost. As long as drones perform operational tasks, they can positively impact the industry by providing a wide range of services. Safeguarding hazardous areas, managing assets, taking time-lapse photos, measuring stockpile inventories, and inspecting infrastructure are among its uses.

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