The mining industry, with the highest capacity to create added value and employment among sectors, is under pressure due to a number of factors including commodity prices declining in the short term, global competition environment, long mine exploration and transportation times, low ore quality, increase in new mine development times, and a decrease in replacement of ore mass. All of these factors drive mining companies to reassessing the ways they conduct business. Digital transformation is already on the agenda of all mining businesses.
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Technological innovations are required to transform the key processes of the industry for mining to survive in the digital economy. In current conditions, this need for transformation can only be met quickly and easily with digitalization, which allows material and hardware flow to be optimized, anticipated breakdowns to be identified and performance to be monitored in real time. Through automation achieved as a result of digitalization, productivity increases, and security gaps are eliminated. With the integration of all processes, the risks that unpredictable variables impose on operational processes are mitigated.
While real-time and integrated management of geological modeling, operational planning, predictive maintenance, occupational safety in mine resources and maintenance processes with information technologies improves efficiency, it also brings significant benefits for strategic future planning. In the challenging and risky process of mining, which has environmental impact, Industry 4.0 and technologies such as the Internet of Things, and machines that speak with each other can create significant transformation by taking production from manual labor and turning it into autonomous. Iot technology, using Hololens and “smart glasses” will introduce a new perspective to mining industry by entirely digitalizing transportation, drilling and various other risky processes. Furthermore, variations in decision-making processes would decrease, information flow would gain momentum, and mining would gain a more controlled and standardized structure.
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