WebDe-risking gold production through innovative, low-cost, small-scale mining... The gold mining sector is typically quite resilient and responds positively in an environment of broad, complex and diverse risks. However, the simple nature of mining itself, is burdened with risk from exploration to production to closure. WebAug 16, 2024 · Gold Mining has traditionally been a more fragmented industry than other industries, wherein the top companies only control roughly 20% of the gold mining production. As such, companies are ...
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How digital innovation can improve mining productivity
WebNov 1, 2015 · We believe that the mining industry is at an inflection point, in which digital technologies have the potential to unlock new ways of managing variability and enhancing productivity. The large-scale adoption of four different clusters of technologies is accelerating 2 : Data, computational power, and connectivity. WebSep 25, 2024 · Article (PDF-2 MB) McKinsey Metals & Mining published a 2015 paper that predicted a technology-enabled transformation of the mining industry. The paper identified some potentially game-changing innovations that we believed would revolutionize the way mines operate and deliver much-needed productivity gains. WebJul 11, 2024 · Here are some of the mining industry’s latest technological innovations: 1. Spatial data visualisation. Mining is experiencing an exciting shift, thanks to spatial (or geospatial) data. Spatial data is becoming more detailed and clearer than ever: Three-dimensional (3D) Modelling creates a viewable, life-like impression with depth perception ... bing sherlock holmes quiz 2016