Mining Insights & Analysis | The CEO Views https://theceoviews.com/industry/mining/ Mon, 15 Aug 2022 18:09:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://theceoviews.com/wp-content/uploads/2020/01/cropped-favicon.ico-1-32x32.jpg Mining Insights & Analysis | The CEO Views https://theceoviews.com/industry/mining/ 32 32 Career opportunities in the mining Industry https://theceoviews.com/career-opportunities-in-the-mining-industry/?utm_source=rss&utm_medium=rss&utm_campaign=career-opportunities-in-the-mining-industry https://theceoviews.com/career-opportunities-in-the-mining-industry/#respond Mon, 15 Aug 2022 18:09:59 +0000 https://theceoviews.com/?p=13164 Chemist: a chemist may analyze the particles and makeup of minerals or other materials extracted. They may assist with separating and processing minerals. Chemists may also evaluate natural sources to prevent or check for possible contamination from minerals. Geological engineer: a geological engineer designs mines to ensure the safe and efficient removal of minerals. They […]

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Chemist: a chemist may analyze the particles and makeup of minerals or other materials extracted. They may assist with separating and processing minerals. Chemists may also evaluate natural sources to prevent or check for possible contamination from minerals.

Geological engineer: a geological engineer designs mines to ensure the safe and efficient removal of minerals. They evaluate possible mine sites to search for mineral deposits. Once they identify deposits, geological engineers create plans for how to extract minerals and metals efficiently through methods that are safe for the environment.

Heavy equipment operator: a heavy equipment operator is responsible for operating various heavy equipment safely and efficiently in open pit and underground mines to support mining efforts. Heavy machine operators may use equipment like backhoes, draglines, excavators, graders, scrapers, and shovels in open-pit mines, and they may use locomotives, remote-controlled equipment, scoop trams, and water trucks in underground mines.

Mining supervisor: a mining supervisor oversees and coordinates activities related to quarrying and mining. This involves supervising overall organization, processes, schedules, and workers. Some mining supervisors choose to specialize in underground or surface mines, but they have similar responsibilities.

Environmental consultant: an environmental consultant uses their scientific knowledge, technical expertise, and understanding of regulatory requirements to assess environmental areas. They identify potential risks that may lead to fines or legal action to help promote public health and safety and ensure compliance with the law. Environmental consultants may gather their own data to interpret to evaluate potential mine or quarry sites as thoroughly as possible.

Driller: a driller operates drilling rigs and ensures they function properly, and they often work closely with blasters. Drillers create large blast holes to extract minerals. In addition to using drilling machines, they may also load the blast holes with explosives to dislodge materials like coal, ore and rock.

Mining electrician: a mining electrician installs and repairs electrical equipment for the mining site. This may include setting up electrical equipment underground to assist miners. Mining electricians often interpret blueprints and help ensure electrical systems operate safely.

Mine safety manager: a mine safety manager oversees the safe and efficient operations of mining-related activities. They ensure all mining professionals perform their jobs safely and complete their work within established timelines to manage operational costs. Mining safety managers often serve as leaders on mining or quarry sites, and they may develop and implement processes to improve best practices.

Project engineer: a project engineer prepares, pre-plans, and forecasts resources related to engineering and technical activities for mining projects. They may also assist with managing the performance of vendors and monitoring the finances of a project. Project engineers help ensure the team completes projects according to plan.

Geologist: a geologist may advise miners on geological aspects in pits, mines, and quarries. They may conduct surveys and to gather and interpret data to make recommendations for drilling and production. Geologists must follow all safety regulations, and they may work with other engineers and geologists.

Mine surveyor: a mine surveyor is responsible for surveying and mapping the tunnels in underground mines. However, they may also work on surface means. When surveying surface mines, mine surveyors attempt to determine the overall volume of materials mined.

Mining engineer: a mining engineer designs mines that allow for efficient and safe removal of minerals. Most of these engineers specialize in a specific mineral, such as gold or coal. Mining engineers strive to design and develop mines that allow them to pursue the best ways to extract the metals and minerals to maximize the extractions from the deposits.

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Challenges in the mining industry https://theceoviews.com/challenges-in-the-mining-industry/?utm_source=rss&utm_medium=rss&utm_campaign=challenges-in-the-mining-industry https://theceoviews.com/challenges-in-the-mining-industry/#respond Mon, 15 Aug 2022 18:06:50 +0000 https://theceoviews.com/?p=13162 Today the perception of the mining industry in terms of the challenges and path to growth is constantly being reshaped by the rapid disruption. Issues like the climate crisis and the growing expectation of the stakeholders are acting as a great force of change. Apart from these two challenges, the mining industry also comes with […]

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Today the perception of the mining industry in terms of the challenges and path to growth is constantly being reshaped by the rapid disruption. Issues like the climate crisis and the growing expectation of the stakeholders are acting as a great force of change. Apart from these two challenges, the mining industry also comes with other challenges such as scarce resources and many more. Mining companies are constantly exploring new ways and implementing new techniques and strategies to overcome the barriers and remain ahead of the competition. However, to understand how the mining industry is transforming, understanding the challenges that it faces is extremely important. Discussed below are some of the biggest challenges that the mining industry is facing currently and how they can deal with them.

Sustainability: The mining industry is one of the main keys to sustaining modern life and meeting the requirements of construction and electronic industries by supplying them with the resources to function. This places the mining industry in a challenging environment to constantly improve its performance. However, in the process of maintaining its position and performance on a global level, sustainability always comes to question. It is the responsibility of the mining industry to balance sustainability and meet its objectives and demands. To do so, the mining industry will have to change the way it operates. The introduction of new technologies, innovations, methods, and strategies, can help the mining industry in sustainability development.

Reluctant to change: Industries that require huge capital and work with a regulated workforce often face difficulties in adopting new technologies. The mining industry is one of the industries that have been slow in adopting new technologies due to the attitude of “if it’s not broke, then don’t fix it”. This is also due to the mining industries that have witnessed the advantages of traditional methods for an elongated period of time. However, things are now changing and so are the attitudes of the customers who are expressing their interest in green technologies. The mining industries can communicate and collaborate with the innovators to understand the implementation of technology better and how to leverage the for the growth and improvement of the industry.

The dangers of deeper excavation: Another major challenge that miners have to face is the dangers of deeper excavation. The mining industry has to meet the needs and demands of the modern lifestyle and thus to facilitate the resources, the mining industry has to delve deeper and deeper. However, this has put the mining industry in a challenge to ensure the safety of the workers. The deeper the mine is, the more adverse the environment inside the mine and will have a higher risk of rock fracturing putting the safety of the workers at stake. Therefore, miners are under huge pressure to find a proper solution to balance the excavation of resources and the safety of the workers.

Technology and innovation: The use of technology and innovation in the mining industry can ease almost all mining activities from the exploration of the deposits to the processing of the minerals. Yet, the mining industry faces challenges in adopting new technologies. It is important for the mining industry to understand the value and benefits that new and advanced technologies can bring to the mining industry. The process of capturing and analysing geological data that was once extremely long and risky can be shortened and safer, all thanks to new technological development. For example, the use of drones in the mining industry and the sensors used in the drones have helped the industry in increasing the volume and quality of the available data. Drones mapping methods as compared to the other traditional mapping methods are more effective and have the capabilities to deliver five times better productivity. 3D modelling software is another example of technological advancement in the mining industry. It allows the future mines to be simulated as digital twins from the geological data that is available. Therefore, miners can now leverage these technologies to improve the productivity and performance of the mining industries.

New technology needs new skills:  New technologies are taking over the manual and repetitive work that is done by humans at the workplace. However, workers in the mining industry do not need to worry, they need to upskill their training and learn how to use and control these technologies. With the introduction of automation, robotics, and other innovative technologies, the mining industries must also attract young people that have the right skills and talents to use the technologies in the best way possible. Miners must focus on new training strategies and methods that can utilize the potential of the people to apply technology to its fullest utilization. New skills will help the mining industry to remain competitive and transform the mining industry.

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Innovation in the mining industry https://theceoviews.com/innovation-in-the-mining-industry/?utm_source=rss&utm_medium=rss&utm_campaign=innovation-in-the-mining-industry https://theceoviews.com/innovation-in-the-mining-industry/#respond Mon, 15 Aug 2022 18:03:05 +0000 https://theceoviews.com/?p=13158 Just like any other industry, the mining industry too plays a crucial role in the growth and development of the national and global economy by creating new job opportunities and developing the infrastructure. The recent introduction of innovative technologies in the mining sector has further improved its productivity and efficiency in reducing production costs and […]

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Just like any other industry, the mining industry too plays a crucial role in the growth and development of the national and global economy by creating new job opportunities and developing the infrastructure. The recent introduction of innovative technologies in the mining sector has further improved its productivity and efficiency in reducing production costs and turning economically unsuccessful mining projects into great success. International investors who are looking for long-term and profitable investment opportunities are now turning towards investing in the mining industry after considering its global economic growth and infrastructure development. However, mining industries are facing unspeakable pressure to improve their operating efficiencies, implement safer operations, and minimize costs. By deploying the right technologies and innovation, the mining industry can transform its key aspects to deliver the best services to its stakeholders and customers along with delivering environmental value.  Here are a few innovative technologies that can transform the mining industry completely.

Innovative technologies that can transform the Mining Industry

3D Mapping: 3D mapping is one of the most effective tools that can be used in the mining industry to improve productivity. With the help of 3D mapping, mining industries can enhance their mineral recovery by locating the most suitable area for mineral excavation. This will help the mining industry in both reducing the time and operational costs without compromising the quality of performance. 3D images can be used in capturing the mining environment and topography to analyse the data and make plans to determine the target of drill holes and extract high-quality ore in as less time as possible.

Drones: Extraction of high-quality ore can be time-consuming due to proper survey and mapping of mining environments. The introduction of drones can save the mining industry invaluable time by conducting aerial surveys of the mining sites. Drones can relay geophysical imagery and important information & data to the surveyors to maintain accuracy, save time, make better decisions, and improve operational efficiency. Drones not only will help the surveyors save time spent on on-site inspection but also enable safer operations and execution. Surveyors can also use drones to span the visual inspection of the site and the equipment to identify the maintenance required, real-time monitoring of the ore bodies, surveying and mapping the data, and some of the other operator-free activities allowing the surveyors to make better-informed decisions and manage risks.

Digital Twinning: Digital twinning is a technology that can create digital representations of any physical body or object offering or highlighting crucial information regarding the object. The use of digital twinning in the mining industry can help surveyors to be updated in real-time by creating a digitalized version of the physical equipment and using sensors and tags on it.  This will gather the data related to the health and maintenance of the physical equipment and help the surveyors in predicting potential outrages even before they take place thereby saving the surveyors to reduce the risk of downtime.

Simulations Modelling: It is a method that mining companies use to analyse the plans and processes in a virtual setting. The model is used to determine all the ‘What-if” scenarios that will reduce both the time and cost of physical testing thereby impacting the project’s operational performance. This will help the mining companies to highlight their performance level, measure their improvements, and identify opportunities. In short, the implementation of the simulation modelling in the mining industry can help in understanding the key drivers and ore bodies better and determine suitable operational plans helping the firm to meet production goals at the lowest cost possible.

Why are innovation and technology important for the Mining Industry?

Innovation and technology are the keys to the transformation of the mining industry that will change the way miners operate. Even though innovations in the mining industry are in varying levels of maturity, miners that have adopted innovations before the rest have seen to be achieving success in terms of productivity, cost, and safety measures. Therefore, the reason that some miners are at the top of the competition is that they have adopted advanced technologies and innovations to level up their productivity and performance. There are numerous reasons why innovation and technology are crucial for the growth and success of the mining industry. For example, automation technology can help the mining industry to improve its productivity and keep costs low. The increase in the population, globalization and high demand have created challenges for the mining industry especially when the deposits are becoming more and more remote and difficult to reach. Mining companies now have to work in environments they have never been in before and thus are adopting new and innovative ways to operate. The techniques that the miners used yesterday are no more applicable to meet tomorrow’s demand. Adopting the right and suitable technologies and innovations can allow the mining industry to work smartly and safely, improve its performance in different aspects of mining, measure its performance and growth, minimize operational and other costs, meet the goals & targets, improve the infrastructure, and save precious time.

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Application of drone technology in mining industry https://theceoviews.com/application-of-drone-technology-in-mining-industry/?utm_source=rss&utm_medium=rss&utm_campaign=application-of-drone-technology-in-mining-industry https://theceoviews.com/application-of-drone-technology-in-mining-industry/#respond Mon, 15 Aug 2022 17:59:25 +0000 https://theceoviews.com/?p=13152 The Mining industry is one of the most highly labor-intensive sectors and requires huge investment to ensure the safety of the laborers along with preventing pilferage from stockpiles.   due to heavy pressure, the Mining industry is constantly exploring new technologies that help them minimize costs and improve productivity, profit margins, and the safety of the […]

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The Mining industry is one of the most highly labor-intensive sectors and requires huge investment to ensure the safety of the laborers along with preventing pilferage from stockpiles.   due to heavy pressure, the Mining industry is constantly exploring new technologies that help them minimize costs and improve productivity, profit margins, and the safety of the workers. The Mining Industry Still has the potential to improve its performance if miners plan Their operations thoroughly, implement proper inspection of the assets regularly and keep strong surveillance of the mining site. However, with the conventional methods, the Mining industry will never be able to March the expectation of performance required to keep up with the stringent environmental and Labour regulations.

The application of drone technology in the Mining industry has revealed incredible results by empowering the industry with the ability to collect greater data, ensure proper safety of the workers, and by improving productivity. This has led to the increase in the demand and popularity of Drone Technology across the Mining industry. Aerial photography and Drone imagery have much more to offer as compared to the traditional ground-based inspection and mind mapping for example Drone Technology can offer high-resolution images and videos with higher accuracy than the traditional method. Therefore, the application of drone technology in the Mining industry can make on-site operations far safer and productive to contribute to the growth and development of the Mining industry.  Drone Technology has the facility to carry different types of sensors based on the requirements such as chemical, biological, visual, and acoustic sensors.  researchers now focus on the design optimisation of drones to enhance their performance and efficiency and as a result, the development and fabrication of various types of drones with diverse capabilities are transforming the Mining industry.

Advantages of using drones in the mining industry

The application of drone technology in the mining industry is advantageous is two of the biggest reasons. First is that drones can carry different types of sensors that make the inspection of the site faster, safer, and more accurate. The second is that the drones can also be used in the inspection and unblocking of blocked box holes and ore-passes, and not only that but the use of drones is also useful in blockage inspection, detecting explosives, and the delivery of packages.  The monitoring of mines that are located in vast and remote mountainous areas is a challenging task and requires manpower. The use of traditional methods may not be able to provide surety of the safety of the workers, would be time-consuming, and increase the cost. The use of drone technology, on the other hand, offers safe monitoring, surveying, and mapping of the mines.

Challenges in the mining industry and their solutions

The challenges in the mining industry have made mining companies come out of their comfort zone and optimize their operations to improve the growth and performance of the mining sector. The collection of geotechnical data from dangerous rugged regions and inaccessible regions is one of the biggest challenges in the mining industry. Mapping the engineering geology of the site is another biggest challenge that the mining industry is facing. Drone technology has the ability to take detailed images that solves the challenges of engineering geology. Blasting is one of the most common activities in the mining industry and with it, comes its challenges and risks. However, with the help of drone technology, the risks involved in blasting activities can be inspected and avoided.

Application of Drones in Underground Mines

Even after the growth in the application of drone technology in the mining industry, the use of drones is limited in underground mining due to the risks and challenges of underground mining. The environment in underground mining is harsh and creates hindrance in the flying of drones. Challenges such as confined space, poor visibility, the velocity of the air, dust concentration, and the lack of wireless communication occur for the operator to fly drones in underground areas. It becomes difficult to impossible for the operation to fly drones in dangerous and unreachable locations in underground mining. Therefore, using drones in underground mining has the potential to ensure health and safety while working to map the surface roughness, analyse rock mass stability, ventilation modelling, detection of hazardous gas, and monitor leakage.

Application of Drones in Search and Rescue Operations

Mines are usually located in remote areas which makes communication difficult due to the unavailability of common and reliable communication networks. Therefore, the application of drones Technology can act as a tool that solves the problems of communication, especially in rescue operations and emergencies. The advantage of using drones in the rescue operation is that it can provide disaster warnings and also accelerate the process of rescue and recovery operations in times of the unavailability of proper communication networks. In emergency situations, drones also have the ability to carry medical supplies to areas that are hard to reach. Therefore, the use of drones in search and rescue operations can improve the overall performance of the mining industry and help in its growth and development.

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