Technological innovation has hit critical mass in recent decades, revolutionizing nearly every industry. Mining is no exception.
Mining productivity has declined worldwide in recent years. Researchers Ajay Lala, Mukani Moyo, Stefan Rehbach and Richard Sellschop estimate that operations worldwide are 28 percent less productive than they were 10 years ago, even after declining ore grades are taken into account.
Often, technology becomes the source to which mining professionals turn to address this problem. With so many new technologies on the market, however, it can be difficult to tell which options truly make mine operations more efficient — and which are simply the newest “gadget.”
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