The global mining industry is under pressure. Where is the mining industry on its way to Mining 4.0? Mining industry’s first AI expert user group. Jan 31, 2020 . May 8, 2018. By hosting new technology and digital solutions in one place, Oren aims to accelerate the digitisation of the mining industry, speed up the transformation of mining workflows and build in more operational resiliency in a rapidly changing world. We understand your processes and what could benefit them. Much of this value will come in the form of optimised operational effectiveness, increased productivity, and enhanced safety. By accounting and advisory firm BDO national head of advisory and managing partner Bert Lopes. lowing key questions: What challenges and opportunities does digitisation present for the mining industry? Gwede Mantashe’s opening address at the Mining Indaba in Cape Town this morning was positive for the industry. A lot has changed in the eleven years since I became a mining journalist. As it stands, the mining technology supply industry has done a great job of providing innovative products for specific monitoring tasks, but a poor job of tying them together into a single ecosystem. The World Economic Forum in January 2017 highlighted that digitisation in the mining industry has the potential to deliver over US$425 billion in shareholder, customer and environmental value by 2025. impacting the mining industry. PROPELLING DIGITISATION IN MINING WITH SD-WAN Reduce costs while ensuring high quality, reliable connectivity to even the most remote sites ADVERTORIAL applied to the mining industry. The ASIA Miner team in Melbourne, Orange and Jakarta not only scour the region for news but are often contacted by companies seeking information … By hosting new technology and digital solutions in one place, Oren aims to accelerate the digitisation of the mining industry, speed up the transformation of mining workflows and build in more operational resiliency in a rapidly changing world. In a wide-ranging talk on digitisation at the 2019 SME Annual Conference & Expo in Denver, Colorado, Mikael Lindholm, Chief Digital Officer of FLSmidth, said the use of remote operations centres was providing returns to those mining companies employing them. This is despite expectations of a decline in sales of for 2020, the association said. As the industry now stands in the middle of what appears to be another bull run for some commodities, the next 10 years will... Health and safety VIDEO: Top ranking university embraces mining digitisation Data and digitisation in the mining industry . Related articles. 0. No Comments. For today's mining industry, they must be one and the same. The mining industry gets a bad rap in the mainstream media for its impact on the environment and on local communities, but it also does a lot of positive work. IntelliSense.io, has launched its Next Generation Mining Technology Expert User Group, to help mining professionals gain significant digital skills. Looking ahead, many existing mines are maturing, resulting in the extraction of lower ore grades and longer haul distances from the mine face; ore-body-replacement rates are in decline; and new-mine-development times are increasing. Earlier, enhancing operational excellence meant to cut operating costs, but this is no longer true with the advent of mobile technology. Mining opera-tions bring together a multitude of contrac-tors and sub-contractors. Coal BDO’S Energy 2020 vision – The near future of mining. Share. In RCT’s latest white paper, it delves into the significant growth of the digitisation field and its importance in the mining industry now and in the foreseeable future. Share Tweet Share Pin. Operations, Information, Enterprise Technology integration Big data and analytics stand to play an increasingly important role in the future of the mining industry as the latest trends, such as the Internet of Things (IoT), spur on continuous innovation. Opinion. How Digitisation Can Make Mining Safer. What influence do digitisation and automation have on the operating pro- cesses in mines? Digitisation is the next step that all mines must take to be relevant for its own staff. We need disruptive innovation in the mining sector, as well. The ASIA Miner is a bimonthly magazine published in English and Chinese by SEMCO Publishing, providing extensive coverage to the mining industry and is essential reading for those serious about doing mining business in the Asia Pacific region. The result is that mining companies can end up spending money on state-of-the-art monitoring products and yet still not get the full value from their investments. One particular tech facilitator based in the UK, Inmarsat, has long discussed the role that digitisation can play in making mining operations safer, more accurate and high performing. Mining technology is essentially divided into two areas: back-office or administrative technology, and operational technology (which actually touches the ore). Heidi Vella (HV): How can digitisation in mining lower company and investor risk? Firms in this sector do not shout loudly enough about their sustainability, conservation and community support projects. The digital revolution | Introduction. A response to disruption. Technology used in the Mining Industry can be divided into two categories namely administrative (back office) and operational. The mining industry is variable by nature. The industry agrees that both social licence and digital transformation are vital, but implementing a successful strategy that encompasses both these areas is not necessarily obvious. Automation and the digitalisation of its machines and processes is driving thyssenkrup’s strategy to improve its product offering in the age of Industry 4.0. Overcoming innovation barriers, embracing digitisation and paving the way to the workforce of the future are among key focus areas; Mining executives double as futurists as they predict the disruptors of the future – from growing demand for lithium for electric vehicles, to potentially mining asteroids for rare metals with the advent of a viable deep space industry. 6 7 A new era of business Digital is a new era of business, a stepping . Digitalization offers endless possibilities and helps re-think the entire mining process. Michael Proulx (MP): Previously, the mining industry had been somewhat removed from the heightened consumer awareness that we have seen manifest over the last two or three decades. RCT examines the growth and significance of digitisation in the mining industry. Nokia’s private wireless networks enable the digital transformation process in the mining industry and more broadly in Industry 4.0 projects, providing mission-critical communications for data collection and processing. A partnership between IBM and Royal Dutch Shell, the two companies are aiming to accelerate the digitisation of the mining industry by hosting new technologies and digital systems on one platform. Automation and digitisation drive Industry 4.0. The role of digitisation in mitigating mining downturns. According to ESG research firm Sustainalytics, digitisation of mining operations can work towards meeting several of these ambitions. There are a great many women in the mining industry whom I admire. Attention has shifted towards emerging technologies to optimise investments on equipment, improve safety at mines and reduce environmental impact. The value derived from the application of digital technologies and digitisation are so profound, and early adopters are already seeing the benefits of using automation. Apr 25, 2018. Technology has advanced such that the barriers of high cost of entry, and a very physical value chain are no longer protection against large scale disruption. Productivity and operational excellence are two crucial elements to being competitive in the mining industry, and this has not changed in many centuries. By hosting new technology and digital solutions in one place, Oren aims to accelerate the digitisation of the mining industry, speed up the transformation of mining workflows and build in more operational resiliency in a rapidly changing world. By Hannah Frankish April 8th, 2020 Fewzion, Mobile , Productivity, Short Interval Control, Software, Technology, Visual Ops. The digitisation of mining has accelerated to a pace not previously seen this year as market sentiment has improved. Matthew Hall spoke to the partners to find out more. However, ethical investing and green investing has started to grab hold. Those involved in the mining equipment industry in Germany are optimistic about future demand for their products, with only state-of-the-art technology able to provide the raw materials needed for climate protection and digitisation, the VDMA Mining Association reports. Digitalisation has become a key driver in mining to optimise processes and maximise the value of existing applications. What will the mine of the future look like? The two biggest changes the industry has seen to date in the progression of digitisation is the introduction of automation and information systems and it just so happens to be two areas that RCT excels. 0. views. In particular, the firm has mapped the trend to Sustainable Development Goal 8 – inviting stakeholders to take actions to promote sustainable economic growth, while also achieving decent work and full employment for all. At the heart of digitisation in mining is the concept of ‘standardisation at the back, differentiation at the front’. Mantashe points to digitisation as an enabler for jobs in the mining … November 10, 2020. Remote Control Technologies Pty Ltd. (RCT) RCT. But still, I wish there were more. However, with increased opportunity comes inherent uncertainty, … February 20, 2016. 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