Digital Transformation: The Future of Mining Operations in 2024

Health and Safety Management

Since it is highly imperative to ensure the safety & well-being of workers in the mining industry mining firms are prioritizing safety protocols as well as risk assessments for protecting their employees, mitigating potential hazards as well as ensuring business continuity. This comprises using advanced safety technologies like wearable sensors, drones & collision avoidance systems, with an ai to monitor as well as address safety risks in real-time. Firms today will also invest in training programs for educating employees on emerging risks as well as best practices.

What has revolutionized the way worker health is managed is the implementation of health & safety monitoring systems in mining operations. Also, these systems facilitate in employing portable devices & data analytics for assessing exposure levels, monitoring risks & hazards, & rendering personalized health recommendations. Some of the top companies and key patent filers in tunnel safety devices include Caterpillar, Sandvik, Orica & Epiroc.

An online orientation platform is designed by GoContractor for employees with an aim of reducing the likelihood of accidents.

“While there remain other challenges that leaders in the industry must tackle to make mining safer for workers and their partners, implementing next generation technology such as private 5G networks will optimise mining operations, enhance safety, reduce waste and increasing productivity,” says Viswanathan Ramaswamy, Vice President, 5G & Digital Solutions Incubation, Tata Communications.

The Mining market is anticipated to reach USD 2775.5 billion by 2027. As we head toward 2024, the mining industry is responding with several fundamental shifts, specially to business as well as operating models. New business models render opportunities for mining companies to reposition for a changing future with several firms considering the advantages of strategies in order to rationalize, grow & transform.