The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Alongside the industries they complement, original equipment manufacturers (OEMs) have been tasked with staying ahead of the curve, assessing emerging market trends and technology, and developing best practices and solutions for the future. Their supportive services and specialized equipment have played an integral role in bringing mining operations into the future. Tomorrow's mines and their backers bank on three pillars – efficiency, safety, and sustainability. This primaril...
$2.1M awarded to three companies advancing tech for more sustainable, productive mining The Greater Sudbury region of Ontario is so enriched with deposits containing nickel and other metals needed for the clean energy transition that one of the area's parliamentary districts is named Nickel Belt. Looking to also be an epicenter of sustainable mining technologies, Marc Serré, member of parliament for Nickel Belt, and Viviane Lapointe, member of parliament for the neighboring...
Kinetic Mesh tech delivers reliable, fast, and scalable network solutions to modern digital mines of all sizes. From giant equipment autonomously digging ore at global-scale copper mines to industrial internet of things sensors monitoring the health of man and machine at a local gravel quarry, mines are increasingly relying on digital technologies to improve efficiency, productivity, and safety. This digitization of the modern mine makes a rugged and reliable communications...
Swedish multinational networking and telecommunications company Ericsson has launched Ericsson Private 5G, a next-generation private cellular 4G and 5G network tailored to drive the Industry 4.0 digital transformation. The latest network features secure and simple 4G LTE and 5G standalone connectivity primarily targeting manufacturing, mining and process industry, offshore and power utilities, as well as ports and airports. "With Ericsson Private 5G, we take the best of...
The last few years have seen big industries' social accountability come to the fore, with growing pressure to engage more holistically with the workforce, local communities, and environmental concerns. Evolving from this, a new business model of corporate performance has arrived in boardrooms, comprising a trifecta of environmental, social, and governance (ESG) responsibilities. Keeping pace is the mining industry's collective push to be more sustainable and accountable,...
Seeking to unearth the future of smart mining, Swedish telecom giant Ericsson has partnered with Becker Mining Systems AG to distribute private 5G networks at global operations. According to a recent report by Ericsson, the successful implementation of digitalization into the mining sector could potentially triple productivity growth in the industry by 2025 – shining a light on the value of creating data-driven mines. With the apparent necessity mining will play in the o...
Researchers at the University of Sydney have been working toward a new method of telecommunications with a safe and cost-effective technology that could be a wireless internet game-changer for connecting mines, with an industrial long-range Wi-Fi system that transmits signals to hard-to-reach places while maintaining high data rates. Supported by an AUD$800,000 grant from the NSW Physical Sciences Fund, this Wi-Fi system that can send signals several kilometers underground is...
Swedish telecom company Ericsson Nov. 25 announced a global agreement with Yahsat, the United Arab Emirates' flagship satellite solutions provider, to deliver private network, data, and internet connectivity services across the oil and gas, mining, and ports industries. Yahsat, or the Al Yah Satellite Company PJSC, is a public company that offers multi-mission satellite services in more than 150 countries across Europe, the Middle East, Africa, South America, Asia, and...
A single mine haul truck can cost up to $5 million, so adapting a single large mine to autonomous haulage can cost in the tens or even hundreds of millions. SafeAI Inc. is taking the retrofit approach to provide a solution to existing mines where equipment replacement would ordinarily be cost-prohibitive. Since its start in 2017, SafeAI has been focused on delivering the benefits of connecting autonomy to the construction and mining industries. Based in California, the...
Newmont Corp., the world's largest gold mining company, has forged a partnership with Dingo, the global leader in predictive maintenance, to ensure the optimal health of Newmont's fleet of heavy equipment without putting equipment out of commission for time consuming and often unnecessary preventative maintenance checks. Newmont is among the many global mining companies that are increasingly turning to predictive maintenance devices and software to track the health of equipmen...
Shaw, a leading Canadian telecommunications company, and Nokia have deployed Western Canada's first-ever industrial-grade private LTE network at Teck Resources Ltd.'s Elkview steelmaking coal mine in southeastern British Columbia. "This first-of-its-kind private LTE mining network solution built by Shaw is a giant step forward for global 5G innovation," said Nokia Canada President Jeffrey Maddox. Shaw Business, which provides enterprise-level connectivity solutions, says the...
Canada-based Maestro Digital Mine launches MaestroLink, a server software tool for managing health conditions for all Maestro-based digital industrial internet of things devices and networks for the underground mining sector. "Maestro is known for its industrial internet of things devices used for ventilation monitoring and controls as well as last mile digital networks for the underground mining sector," said Maestro Digital Mine President and CEO Michael Gribbons. Maestro...
Speedcast International Ltd., a global leader in communications and IT services, Sept. 29 announced a long-term agreement with Nokia to deploy its industrial-grade private wireless solutions globally via the Nokia Digital Automation Cloud. This collaboration offers industrial-grade communication solutions to remote mining operations requiring high-bandwidth and low latency for critical applications. Nokia's 5G-ready Digital Automation Platform provides high-bandwidth private...
Shell and IBM have joined forces to create Oren, a global business-to-business digital mining services marketplace platform aimed at helping companies find solutions related to mine safety, sustainability, planning, and operational efficiency. The incorporation of artificial intelligence, blockchain, autonomous mining equipment, ore sorting, predictive maintenance, drones, and remote health and safety monitoring technologies have been increasingly adopted by the mining sector...
The cost savings offered by artificial intelligence-powered predictive maintenance, compared to standard preventative maintenance, is a game-changer for mining and other commercial enterprises. "Reactive maintenance costs enterprises billions each year in lost production. The ultimate goal is not to replace machines or parts too early but service them at the right time," said Vankata Naveen, disruptive tech analyst at GlobalData. "This can be done optimally using AI-powered...
Axora, a new cross-industry innovation hub providing a global marketplace of digital solutions, has launched an online resource center aimed at helping mining companies rebound from and thrive after the COVID-19 pandemic. This "Smart Mining" resource center provides the latest industry insights and access to digital solutions and technologies which mining companies can adopt to accelerate their business growth, reduce wasted investment, and avoid duplication. "The downtime cau...
RIO Analytics and OneWatt, innovative companies showcased in the Prospect Mining Studio cohort, are taking unique approaches to a fast-growing mining technology, shifting from the old method of preventative maintenance to a future of artificial intelligence-enabled predictive maintenance. Arnhem, Netherlands-based OneWatt is utilizing AI for predictive maintenance in a remarkably interesting way, through sound. Predicting and detecting faults in industrial equipment, OneWatt...
With many mineral exploration geologists self-isolating behind a computer screen instead of out in the field breaking rocks, artificial intelligence offers a means of generating new exploration targets with the reams of previously collected geological, geochemical and geophysical information. Minerva Intelligence, which is redefining the emerging industry of artificial intelligence-assisted mineral exploration, believes the TERRA Mining AI suite of software services it has to...
Internet of Things (IoT) devices, machine learning and automated equipment being implemented to facilitate smooth operations in mining and other industrial sectors will see new ease of use with the latest network advancements in wireless connectivity. The next generation has begun to roll out with 5G and with it a more integrated system of development. To preface, a common misconception with the name of telecommunication technology starts simply with the letter G, as they are...
Advanced wireless sensors are being developed to accompany automated vehicles in next-generation artificial intelligence-operated heavy machinery in mining and other sectors, to help predict malfunctions before they arise. With a fleet of futuristic self-driving equipment being set up to operate standalone, a system for maintenance of these vehicles is necessary to circumvent untimely failures. Typically, standard preventative maintenance is applied, which is just routine...
High-speed networking and interconnected devices, which form a unified whole, are opening a new realm of possibilities for consumer and company alike. As the world continues to become more digitally interconnected, the value of companies and their success can almost be directly linked to how quickly they adapt and utilize newer technologies. We can see remnants of bygone eras still lingering in many industries, including mining, in an era where the speed of development of new...
When it comes to emerging mining technologies, high-speed wireless networks and drones are the top investment choices of companies seeking to discover new deposits and mine them more efficiently. A recent survey by GlobalData, a London, England-based analytics and research firm, found that 61 percent of mine sites around the globe have already made significant investments in fully implemented mine communication systems, such as private LTE networks or 5G. This is up from...
Copper State Bolt & Nut Co.'s revolutionary BoltSense family of services and products offers a vital piece in the cog that keeps the mining wheels turning – fasteners. Copper State Bolt & Nut is one of the few companies that provide innovative solutions to this small yet vital element to all industrial work. Based out of its namesake, Arizona, Copper State has been providing fasteners since its inception in 1972. Yet, it was not long until it moved into the industry that r...
The world's foremost mill relining company, Kaltech International, has reinvented the painstaking yet necessary task of mill relining with innovations that lessen downtime, improve safety and increase profitability. Kaltech Sentinel, the company's latest line of state-of-the-art mill relining products, includes smart bolts and sturdy cameras that provide an unprecedented look inside an operating mill. "Producing products that will benefit the mining industry is a goal of...
