Game-Changing Technologies: A Key Trend in Mining Industry for 2016 MAINPAC PTY LTD Suite 213, 29-31 Lexington Drive Baulkham Hills, NSW 2153 Australia 1300 624 672 (Aust.) +61 2 8404 8800 (Int.)
Innovation is becoming an important factor in the mining industry. Solutions and innovations continue to evolve to suit the needs of mining companies. In fact, recent innovations in the mining industry mainly focused on cheaper and better extraction technology and methods. However, experts in the industry forecast that for 2016, the following technologies could influence the trajectory of the mining industry.
1. Genius Machines Automated vehicles have already revolutionised the industry. Experts
expect
that
2016
will
welcome
smarter
machines
from
manufacturers. Utilisation of machines that can perform complex tasks can lead to the reduction of labour costs and increased productivity. These machines could open up opportunities for fully autonomous mines, helping companies concentrate labour in centralised regions.
2.
Networks and Servers
The development of the Internet, network and servers is continuously shifting every industry in the world. Thus, some mining companies are looking at the feasibility of adopting cloud-based integrated IT networks and platforms for easier collaboration with workforce and suppliers. Others are exploring easier methods of collecting data from different kinds of equipment.
3.
Wearable Technology
Wearable devices are applicable in the mining industry, too. Mining companies are exploring the possibility of incorporating computer and electronic technologies into clothing and accessories used in mines, such as hats, glasses, watches and gloves. For instance, wearable devices can enhance the communication between miners underground and the mine operators. These devices can also send a signal if their wearers are in danger or physical distress.
4.
Hybrid Airships Commercialising hybrid airships are still under development. However,
experts state that these huge airships will be beneficial to the industry because they would enable mining companies to haul equipment to remote areas that have limited access or no roads. Experts believe that the cost of these airships would be more affordable than helicopter transport. All technologies mentioned above will be influential to the global mining industry this year. However, to effectively generate benefits from innovations, experts advise mining companies to align their innovation focus and strategies to the needs of their organisations. RESOURCES: http://www.mainpac.com.au/industries/mining-resources/ http://fortune.com/2015/08/25/internet-things-mining-industry/ http://www.mining.com/what-to-expect-for-2016-top-predictions-for-the-mining-industry/ https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Energy-and-Resources/gxer-tracking-the-trends-2016.pdf