Technology innovations in the mining industry in …
Global Mining Review, Wednesday, 04 September 2024 10:00. Advertisement. The mining industry has long been synonymous with heavy machinery, vast expanses of rugged terrain, and intensive …
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Intelligent transformation and sustainable innovation capability
We investigate the impact of intelligent transformation on sustainable innovation capability, and decode the underlying mechanism in terms of human capital structure and technological diversification. We find that intelligent transformation has a positive impact on enterprises' capability to sustain innovation, both for innovation …
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Innovation in the Mining Industry: Technological …
automated or remote-controlled machinery, and advanced monitoring systems for the collection and analysis of large amounts of data [1]. Nowadays, many relevant actors of the industry claim that mining is going through the first stages of a deep changeover from the hand of digital transformation. It is said that this
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What Hardware Do I Need to Mine Bitcoin? [Bitcoin Mining …
In this comprehensive guide, we'll dive deep into the essential hardware requirements for mining Bitcoin efficiently and effectively. We understand that diving into crypto-mining can be overwhelming, so we've broken it down into simple terms and explain everything a beginner needs to know about setting up their very own cryptomining rig.
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Can two-way foreign direct investment promote green innovation …
From the estimation results of Model (3), when manufacturing green innovation capability is the explanatory variable, the estimated coefficients of lnttc and lntwf are both significantly positive, indicating that the two-way FDI coordinated development will enhance manufacturing green innovation capability by promoting …
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Top 10 electric mining tools (and companies that use them)
6: Haul Trucks. Electric haul trucks not only ensure less exhaust emissions on site, but also less noise due to being powered by electricity. The trucks also make working conditions safer for human workforces on account of some of them being self-driving (autonomous).
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The innovation process in mining: Integrating insights from …
Innovations in the mining sector have the potential to address decreasing access to resources, lessen environmental impact, increase production and improve …
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Rethinking mining strategies among the top-10 global …
Deloitte's "Tracking the Trends" annual mining report, now in its 11th edition, outlines how the challenges and opportunities the industry faces and proposes way to adapt to fast changes ...
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The view of technological innovation in coal industry …
This paper analyzed the current situation and development trends of energy consumption and carbon emissions, and the current situation and development trend of coal consumption in China. In the context of recently established carbon peak and carbon neutralization targets, this paper put forward the main problems associated with the …
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Here's how the mining industry can respond to climate change
August 27, 2020 Although the COVID-19 crisis has understandably consumed the attention of mining executives around the world, the threats that mining companies face because of climate change remain urgent. Forecasts indicate that climate hazards such as heavy precipitation, drought, and heat will get more frequent and intense, increasing the …
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Sustainable mining solutions
Mining i s essential for the world's energy transition and o ur technologies help enable the sustainable mine of the future. By utilizing the competence of our people, w e are driving development and adoption of mining and excavation solutions for automation, digitalization and electrification, all of which increase productivity and profitability and …
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Productivity at the mine face: Pointing the way forward
The basis for MPI is the well-established Cobb-Douglas production function used to measure productivity in national economies. We have adjusted the function so that we can measure productivity in mining operations. MPI comprises four elements: physical mining output, employment at the mine site, the value of assets at the site, and …
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Productivity in mining operations: Reversing the downward …
Worldwide mining operations are as much as 28 percent less productive today than a decade ago, according to new McKinsey research. The results from McKinsey's new MineLens Productivity Index (MPI), which adjusts for declining ore grades and mine cost inflation, show that the pronounced decline in productivity is evident …
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The Value of Smart Mining: Fuelling Innovation and …
Improved Recruiting and Employee Retention. Maintaining a skilled workforce is a continuous challenge in the mining industry. Increasing demand for resources, a retiring workforce, and a lack of emphasis on skilled trades in younger generations have created a mining labour shortage (Source: Mining). Almost half …
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The innovation process in mining: Integrating insights from innovation
We then drew on data collected from experienced innovation practitioners from the mining industry to develop a process model of innovation that takes into account the structure and content of the conceptual model, contextualised with the language and practices of the mining sector. We validated the model with mining participants who …
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1.1 The Mining Industry . Mining is the business of recovering minerals from the ground and converting them into useable industrial materials and consumer products. The minerals we are talking about here are generally "hard" minerals, which is to say we exclude oil and gas but include the energy minerals coal and uranium.
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Racing Toward a Digital Future in Metals and Mining
That's a huge deficit, especially considering the enormous benefits digital technology can bring to the sector. By accelerating digital transformation, metals and mining players can boost throughput, simplify processes, lower costs, improve metal recovery and yield, and reduce supply chain complexity. It's not easy to pull off, but a …
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The Future Of Mining | Technology
mining—from fully autonomous mines with driverless vehicles and robotic machinery to innovation that can reduce waste by repurposing mining byproducts for other …
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Alluvial Gold Mining Technologies from Ancient Times to …
This article provides a comprehensive and chronological account of the technological advancements in alluvial gold mining. Gold has been a highly prized commodity throughout history and has played a significant role in humanity's economic and cultural progress. The primitive methods of extracting gold from riverbeds were carried …
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Top 10 technologies and strategies in mining
Miners should think holistically - keeping in mind all use cases and as long-term benefits and capabilities - and accelerate the deployment of technology to increase throughput and reduce cost to expand the reserve base, according to recent McKinsey research.. Its work with more than 100 assets across commodities and geographies …
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Why we need to invest in infrastructure for electric vehicles
In 2021, electric car sales more than doubled to 6.6 million, representing close to 9% of the global car market and more than tripling their market share from two years earlier.All the net growth in global car sales in 2021 came from electric cars. But even at this rate of growth, the switch to electric vehicles (EVs) may not be fast enough.
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We Are CR Powered by Epiroc
With over 40 years in the mining industry, we understand the challenges of the modern mine. Our products take materials to the next level, evolving hardware and software into more. ... Our leading range of mining …
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How to Advance Sustainable Mining | International Institute …
Mineral deposits, especially when scarce or present in large quantities, improve a country's investment attraction internationally. Mining generally requires a large labour force, thus providing many job opportunities, such as in construction at start-up (2–4 years) and in thousands of manual-intensive jobs.
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Understanding the adoption of Industry 4.0 technologies in …
This literature review-based research is undertaken to identify how Industry 4.0 technologies can help to improve environmental sustainability. It also details the capabilities of Industry 4.0 in dealing with environmental aspects. Twenty major applications of Industry 4.0 to create a sustainable environment are identified and …
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Sustainable Solutions Informed by Innovation
Just like the good judgment exercised in 's corporate management, frontline capabilities need to be honed by accumulating wisdom and tackling new challenges. "We take great pride in the development of our team members. We aspire to offer technical expertise to meet the demanding requirements of our industry."
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How Technology Is Impacting the Mining Industry
Artificial intelligence (AI) solutions in mining use smart data and machine learning to improve mining production, efficiency, and safety. These technologies allow companies to generate data in half the time than what has been previously seen in the field, enabling companies to improve decision-making with faster and more accurate data-driven ...
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5 Ways to Make Mining More Sustainable
Battery-driven mining equipment is often powerful enough to replace diesel-driven options. Replacing diesel engines with electric engines where possible can significantly reduce the amount of CO 2 produced by mining operations. In general, the mining industry is already moving in the direction of electric equipment, with more and more mining ...
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Mining industry challenges: Five initiatives for CEOs | McKinsey
As an example, at the end of November 2021, the premium of green nickel was quoted at 3 to 4 percent on the London Metal Exchange. 5 "Metals industry needs regulation or framework to make 'green' sales viable: Miners," S&P Global, December 10, 2021. Additionally, miners should optimize for integrated value to cover carbon and …
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Futureproof the mining industry with AI and digital innovation
In the December 2023 blog, I discussed how mining companies are adopting digital technologies to enable business agility, drive efficiency, and accelerate …
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