The Future of Mining: Four Trends for Tomorrow’s Success

The Future of Mining: Four Trends for Tomorrow’s Success

Mining is an industry with ancient roots that today represents almost 12% of the world’s GDP. A massive number of consumer products rely on the mining industry and the industry is facing significant challenges this year with growing populations and shortages of raw materials. Mineral extraction is growing increasingly more difficult as we deplete the earth resources and with a number of challenges in the future we need to start seeing some evolution in the mining industry to ensure the success of it tomorrow. Here are four trends for the future of mining to watch:

Digital smart mines:

Mining companies are now using sensors, AI and big data to measure almost every possible metric in a mining site. Digital smart mines can deliver greater efficiency for mining material, improve maintenance with better predictability and maximize resources like fuel and energy by simplifying tasks.

Robotic mining:

Robotic mining is offering us the ability to work in more hostile environments than ever before. Robotic mining equipment can work at an economic level much more efficiently than human operators as well as reduce power and fuel consumption by 20 to 25% on average.

Focus on environmentalism:

Making more of an environmental effort by changing over to electric power or zero waste initiatives is reducing the impact of mining on ecosystems around the world. Green mining reduces environmental impact and ensures smarter mining operations and processes that save on energy and save our world.

Mining the undiscovered:

With the use of better robotic mining and more significant opportunities in space and deep-sea exploration we are now able to mine in areas we have never thought possible. With future research and exploration we could be accessing rare earth minerals in undersea mining operations with the chance for space mining efforts sometime in the near future.

Adaptation will ensure that mining as an industry has success for the future. If you are interested in using the latest innovations in mining technology contact us today.

This post was written by Justin Tidd, Director at Becker Mining Communications! For over 15 years, Becker Communications has been the industry’s leader in radio communication in tunnels and electrical mining communication systems. As they expanded into surface mining, railroads, and tunneling they added wireless communication systems, handheld radios, tagging and tracking systems, as well as gas monitoring.

Donald Phillips