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6 ·The region is recognised for its uranium potential Credit RHJPhtotos via Shutterstock Uranium Royalty URC has acquired a net profit interest NPI royalty on the Millennium and Cree Extension uranium projects in Saskatchewan Canada The existing royalty was acquired from an unnamed third party
The aspiration to achieve a USD 5 trillion economy 1 and self reliance in the energy sector have driven investors to take a relook at India s mining landscape as a promising avenue that can contribute significantly to the nation s economic and industrial With an increase in energy demand and infrastructural growth pressure is now mounting on mining companies to
·Pioneering innovation in mining As the mining industry advances into its digital future it encounters formidable challenges but also unparalleled opportunities for transformation and growth Embracing digitalisation mining companies stand on the cusp of revolutionising their operations making them safer more efficient and more sustainable
·To learn more about the future of mining technology contact the experts at Inpixon today ABOUT THE AUTHOR Norman Dziengel Norman is the Product Manager at Inpixon with over 5 years of experience at the company Norman holds a PHD in Computer Science with a focus on wireless sensor networks With experience in product marketing
·India s mining sector must embrace sustainability and ESG principles to ensure long term viability Technological advancements in mining like IoT and AI are revolutionizing mining operations enhancing efficiency and productivity Strategic investments in new minerals and zero waste practices are crucial for supporting the global energy
·For example nanofiltration technology has been applied to treat mining wastewater with high performance The low cost absorption techniques for removing heavy metals were also studied and applied in the treatment of
4 ·The recent announcement that Rio Tinto has partnered with space exploration company Fleet Space Technologies to map Argentina s Rincon lithium project in 3D using artificial intelligence AI demonstrates the continued integration of the technology into mining operations and the step change in innovation it can offer the The 3D maps outputted through
·Mining companies therefore need to recognize technology as a process enabler and strategically prioritise technological integration across the mining value chain Deloitte 2019 Additionally these technologies have the capacity to generate a greater level of responsiveness which will position mining companies for long term growth
·Virtual reality VR is one of the most innovative technologies that allows the development of a computerised three dimensional image that imitates reality With this solution it is possible to show different objects and even simulate a sequence of actions The application of virtual reality technology in industries with high accident rates such as mining and
·The technology of coal mining has gone through continual evolutions and several revolutionary changes which transformed the methods equipment and productivity over the decades In recent years advances in technology focused more on the use of communication systems automation and data sciences for the health and safety of the miners and
·Blockchains are one of the prominent disruptive technologies that are being implemented in several disciplines The application of blockchains in the mining and mineral industry can provide utility for several processes especially when the industry is undertaking digital transformation The governing principles of blockchain technology are applicable in
·Mining operations are set to become more efficient in 2023 thanks to the application of smart mining technology Innovative mining technology employs location awareness machine learning robotics and other technologies that will allow mining companies to automate many of their processes and shift semi autonomous operations to fully autonomous
·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 efficiency of mining operations in the spotlight Technology is increasingly becoming a core component of mining & metals sector business strategies as it seeks to meet this demand and
·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 situation we find a
·Open pit mining has caused extensive land destruction including land abandonment and reduction in agricultural land resulting in serious environmental problems Ecological restoration and mine reclamation have become important components of the sustainable development strategies in Inner Mongolia China Therefore the rehabilitation of
·A four year technology collaboration between the Swedish miner LKAB and Orica has yielded wireless explosives The results the WebGen wireless platform has been commercially available since 2022 and has helped spur the more widespread development and rollout of wireless blasting within the global mining industry which is always eager to innovate
·Autonomous mining is promising to address several current issues in the mining sector such as low productivity safety concerns and labor shortages China University of Mining and Technology
·Progress in intelligent mining technology was described in terms of a dynamic modified geological model underground 5G network and positioning technology intelligent control of the mining height and straightness of the longwall working face and intelligent mining equipment The development of intelligent coal mines was analyzed in terms of
·mining industry and describes the mechanisms by which it is carried out It includes a review of the drivers and actors involved and current trends The digital transformation process that the industry is going through is analyzed along with other relevant electrowinning technology SX EW along with the use of larger trucks shovels and
6 ·Through the decades it is fair to say mining has earned itself a chequered reputation The industry driven by the world s insatiable appetite for minerals has routinely been linked or found responsible for corruption human rights abuses and environmental degradation mostly in the Global In recent years there has been a drive to mine more responsibly from
3 ·The financing will help the company to upgrade its mining projects in Ghana Credit Kagai19927/Shutterstock Asante Gold has unveiled plans to raise $525m C$ through a two stage financing package to support expansion and operational improvement strategies at its Ghanaian gold mines The
·At its last count GlobalData estimated there were more than 100 000 vehicles in the global mining fleet comprising over 86 000 trucks 16 000 hydraulic excavators and shovels 2 000 electric shovels and 19 000 dozers Thus far the majority of vehicle automation has been seen in haul trucks with much success arguably thanks to the labour intensive nature of the
·A major mining technology and equipment solutions company Sandvik revealed the revolutionary AutoMine concept based underground mining drill The fully autonomous twin boom development drill rig is equipped to operate without human intervention This cabinless battery electric drill can autonomously plan and execute the entire drilling cycle
·2 Principles of blockchain technology Blockchain technology is driven by principles of verification allowing transactions to be initiated independently grouped and verified before being added into blocks of chains which is validated through consensus of nodes before utilisation [Citation 17] It has found its application in varieties of enterprises and mining
