4 minute read
Boris Ivanov: How will technological innovation shape the future of mining?
Traditionally, mining has been slow to adopt new technologies and embrace innovations that could transform the industry. However, over the past ten years, the industry has faced an increasingly challenging scenario – to improve efficiency and to reduce costs, whilst also demonstrating an increased environmental and social awareness.
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Amidst the turmoil of a global pandemic, the pressure to get this balance right has only intensified and triggered many countries to reassess the long-lasting impacts of their mining projects. As a result, new processes and technologies must be developed to meet the increasing demand for materials and this is where the rise of smart mines can offer a solution.
From AI and spatial visualisation data to automated drones, digital technologies are set to make mining operations around the world more efficient and sustainable, whilst significantly reducing the risks involved. In fact, a 2017 report by professional services company, Accenture, found that 82 percent of the mining industry
By Boris Ivanov, Global Commodities Expert
is looking to increase investments in technological innovations over the next few years. So, how will technological innovation shape the future of mining?
Artificial Intelligence (AI)
Rapid advances in artificial intelligence tools are improving planning and operational efficiencies, mine safety and workflow productivity, as well as stimulating the integrated supply chain. For example, by using smart data and machine learning, a single operator can now remotely control several drill rigs simultaneously, with autonomous vehicles taking over pit-topit operations. Moreover, AI can also be used to provide recommendations on new and potentially valuable sites to mine. By using pattern matching and predictive analysis, AI programmes can analyse significant quantities of geological data and identify where to find resources. This not only helps companies to locate and extract minerals at a much quicker pace, but also to reduce the initial investment required as mining companies can plan exploration activities with much more precision. AI-powered technologies can also be developed to help minimise the ecological impact of mining operations – thus lowering the environmental footprint. Mining sites can be easily monitored and environmental parameters such as temperature and groundwater tracked to assess the wider impact of a mine.
Autonomous mines
Mines have always been considered dangerous environments to work in. However, as the exploration of new deposits becomes increasingly complex, including lower ore grades and deeper deposits, the number of injuries remains persistently high. This is where technological innovations help. The World Economic Forum projects that automation and robotics could prevent 10,000 injuries in the mining and metals industries in the decade to 2025. Through the implementation of AI-powered autonomous systems, mining companies are now able to use self-controlled machines to take
analysis
charge of the operations in unstable environments. This move will not only significantly reduce the threat to miners’ lives. The rise of the ‘digital mine’ is also set to boost overall productivity with machines able to work 24/7.
Spatial Data Visualisation
Spatial data is becoming increasingly valuable across the mining sector, with three-dimensional modelling and virtual reality software enabling companies to plan new mines remotely. 3D modelling allows companies to create a realistic model of a new mine, with viewable depth perception, which enables them to assess potential issues before plans are deployed in the real world. In addition to this, using real-time data collated from strategically placed sensors, a digital twin of an already established mine can be created. From this model, it is possible to perform simulations and stress test potential areas of weakness in the equipment. Digital twinning is becoming an increasingly important tool to enhance operational planning and reduce overall costs, by mitigating against interruptions across the mine workflow and optimising the maintenance of equipment. In fact, a 2017 study by the World Economic Forum in collaboration with Accenture estimated that the rise of digital twinning could contribute a benefit of US$190 billion across the mining industry between 2016-2025.
Drones and surveillance
Mining by its nature has a negative impact on the environment. Whilst this is an unavoidable reality, mining companies can significantly reduce this impact by tracking how resources are extracted and disposed of. For example, automated drones can be used to monitor excavation and extraction projects, keeping detailed accounts on the spread of waste products and harmful materials. By introducing an element of accountability, mining companies can take steps to minimise subsequent knock-on effects. Furthermore, drones can also be used to assess pipeline infrastructure and retention ponds, whilst also providing safety surveillance in hazardous areas and asset management across multiple sites. By providing a detailed account of what cannot be seen by eyes on the ground, drones are only set to become more important to the successful running of mining operations.
Looking ahead
It is without a doubt that the mining sector can only benefit from adopting digital technologies and data analytics to optimise the efficiency of mines, boost asset performance, reduce risk and mitigate against environmental concerns. Moreover, shifting to autonomous or semi-autonomous remote-controlled mines will only work to enhance the process along the entire value chain. Mining has always involved dealing with uncertainty and variability. However, in a rapidly changing world, mining companies need to align technology with their business needs to become agile, resilient, and transformative. By delivering modern, safe and productive mines and strategically leveraging technology including data, mining companies can take advantage of opportunities, overcome disruption and create value.
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