With mining operators under growing pressure to perform in the face of falling ore grades, the need to drill deeper in search of new resources and an industry-wide skills shortage, the ability to leverage reliable and flexible communication systems is growing in importance, writes Martin Killian*, IoT Solution Architect at Speedcast.
Leading mining operators have already started on a digital transformation, as they look to create the so-called ‘Connected Mine’. Building on the necessary communications required for every day workings of the mine with layers of applications and systems such as sensors and surveillance systems, this concept will transform their overall performance. In fact, the World Economic Forum forecasts that $425 billion of value will be added to the industry over the next five years through digitalisation.
As the industry looks to improve efficiency and worker safety, several technology trends have emerged – three of which we explore below:
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