Mining digitalisation can save 373 billion dollars by 2025, raising productivity and safety and reducing waste, according to a McKinsey & Company report. Indeed, driven by these statistics, mining companies are adopting a growing range of digital solutions in recent years. Many have mechanised their operations, are moving from the physical to the digital realm by addition of equipment sensors, and unified networks to transmit data.
Notably, one such innovation is global positioning satellite (GPS) systems. These GPS systems is helping produce accurate, 3D visualisations of the location of the drill bit or the shovel tracks in real-time via a moving map display (MMD) on a screen. This is allowing the operator to accurately navigate the drill from blasthole to blasthole, maintaining the desired shovel grade or facing position from a remote location. Similarly, drones are enabling mining operators to generate aerial terrain models of the inventory from exploration, surveying, and mapping to maintaining safety and enhancing security. Besides, it is facilitating the process by collecting a large amount of aerial data covering wider areas more precisely, which are then be used by engineers for planning, designing, construction, and maintenance activities.
At this juncture, there is a wide variety of mining tech companies entering the industry with a set of advanced and integrated offerings. To help firms strengthen their operation capabilities and simultaneously enable growth in the sector, Metals and Mining Review has compiled a list of the top 5 mining tech companies in the UK. The list comprises prominent enterprises in the industry that address challenges in the mining domain by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs and CXOs.
We present to you Metals and Mining Review’s, “Top 5 Mining Tech Companies in UK – 2021.