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REVIEW Innovation in the Mining Industry: Technological Trends and a Case Study of the Challenges of Disruptive Innovation Felipe S#225;nchez1 amp; Philipp Hartlieb2 Received: 14 January 2020 /Accepted: 6
#0183;#32;Innovation plays a critical role in the mining industry as a tool to improve the efficiency of its processes, to reduce costs, but also to meet the increasing social and environmental concerns among communities and authorities. Technological progress has also been crucial to allow the exploitation of new deposits in more complex scenarios: lower ore grades, extreme weather conditions, deeper
The innovation deficit is real and the longterm underinvestment in innovation, currently around percent of revenue (compared to 2 to percent for the oil and gas industry), has placed the mining industry in a difficult situation that demands a renewed focus on both technology and businessmodel innovation.
Decreasing ore grades and complex ore bodies create need for digital innovation. With decreasing ore grades, more complex ore bodies and volatile commodity prices, the mining industry needs ways to work smarter and respond quickly to changing circumstances.
Briefing Paper July 2015. Peter J. Bryant makes the case for innovation in the mining industry and capitalizing on opportunities in the midst of the largest mining examines the current state of technology and innovation and highlights the factors that have undermined innovation efforts.
#0183;#32;CEMI Helps Solve Mining Industry Challenges. CEMIs objective is to help the mining sector achieve stepchange improvement in performance by accelerating the adoption of commercially viable innovations in mines and by increasing the innovation capacity of the mining service companies that deliver techniques and technologies to the industry.
Mining Journal Innovation: An overview of the latest technologies that are solving industry challenges across the mining sector.
#0183;#32;Specifically, in the case of the Peruvian mining industry, Molina (2018) interviewed representatives from mining firms and found that there was a consensus on how the limited availability of highly specialized human capital in the labor market constituted a barrier to innovation.
The Innovation in mining Australia 2016 report highlights results on the state of innovation at work in Australia, presenting the innovation landscape as it stands and identifying key innovation drivers and focus areas from which to bring to life the mine of tomorrow.
The Case for Innovation in the Mining Industry by Peter Bryant Highlights The current point in the mining sawtooth cycle presents tremendous opportuni ties for innovation. The time is now for the mining industry to embrace technology and business model innovation.
Climate Change Initiatives and Innovations in the Mining Industry. MAC and its members are committed to ongoing improvement and are continually innovating to protect the environment, improve their energy use and reduce greenhouse gas (GHG) emissions. Over the past two decades,
Digital transformation, the Internet of Everything and disruptive innovation in the mining industry The mining industry has several challenges. Depending on the types of mined materials (commodities), these range from lowering/fluctuating commodity prices and demand to labor shortage, a changing competitive landscape, safety issues and productivity optimization.
The case for innovation in the mining industry has never been more compelling: we are in the midst of the largest mining super cycle not seen since the Second World War. There is no denying that this super cycle, which began in 2006, may last for many years and have longlasting impacts on the mining industry.
The Case for Innovation in the Mining Industry The Case for Innovation paper was first published in 2011 and has been updated in 2015 to reflect the current business conditions and initiatives of the mining industry. The propositions of the original paper remain the same. Highlights The current point in the mining sawtooth cycle
The Imperative Case for Innovation in the Mining Industry. October 1, 2015 / Peter Bryant. Mining Engineering. Clareo partner Peter Bryant argues for the need to act now to make meaningful changes in the mining industry. SME members can view the original oped article here.
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