Global Mine-Site Technology Adoption Survey 2022: Current Adoption Rates of 13 Key Technologies – ResearchAndMarkets.com – Yahoo Finance

DUBLIN, May 12, 2022–(BUSINESS WIRE)–The "Mine-Site Technology Adoption Survey, 2022 Update" report has been added to ResearchAndMarkets.com's offering.
Technology adoption is continuing across the global mining sector with rising degrees of investment in areas such as predictive maintenance, planning software and communications systems as mines look to improve productivity
Meanwhile, high priorities for investment over the coming two years include safety technologies such as collision avoidance and fatigue detection, as well as remotely controlled vehicles, which reduce risk by removing workers from potentially hazardous situations
With a view to decarbonization, mines are also increasingly looking to invest in battery/electric vehicles, with 39% of mines expecting to invest in these over the coming two years, compared with 23% in the previous survey in Q4 2020
In terms of the degree to which the respondents' mines had invested in new technologies, the most widely adopted of those investigated were mine planning software, mine management software, mine communication systems and predictive maintenance. This is similar to previous surveys, and there were no significant changes in terms of the rankings of the technologies when it came to the levels of investment, aside from an increase for battery/electric vehicles
Contrasting the majors, such as Anglo American, Glencore, Rio Tinto, Vale, Newmont and Barrick, versus the non-majors, the former were, as per previous years, more likely to have invested in these technologies compared to the smaller miners. The gap has narrowed slightly, however, for mine management software, battery/electric vehicles, collision avoidance and fatigue detection, though has widened in the case of predictive maintenance and autonomous vehicles, as investment from the majors has increased
Australasian mines had, on average, the highest penetration of technologies, especially drones, remote control and autonomous vehicles and mine management software. Together with the Africa they had the highest expectations overall in terms of investment across all technologies
Surface mines had greater levels of investment in drones, communication systems and fatigue detection, while underground mines had invested more in remote control vehicles and battery-powered vehicles. While the latter contribute to decarbonization of mine sites, specifically in underground mines their adoption has advanced as they also help to reduce ventilation costs
An additional question in this year's survey examined the use of drones, with the most common uses surveying and mapping, followed by monitoring and inspection
Scope
The survey was conducted between December 2021 and February 2022, and included only operating mine sites
Respondents included mine managers, general managers and mine-site IT managers, and interviews were conducted via the telephone or via surveys emailed to qualified individuals
A total of 138 individual mines were interviewed, giving a confidence interval (margin of error) of 8.3% with a 95% confidence level
Some 44% of responses were from surface-only mines; 36% from underground-only, and 20% from individuals where the mines had both surface and underground operations. Only one response was accepted per mine
The split between majors and mid-tier miners or producing juniors was 57% to 43%, respectively
Reasons to Buy
Assess the current adoption rates for each of 13 key technologies
Compare adoption by mine type, region and company type
Assess the potential for future investment by technology, both new investment and future investment
Analyse potential investment rates by region, mine type and company type
Key Topics Covered:
1 Survey Scope & Methodology
2 Executive Summary
3 Level of Investment by Technology
4 Future Investment Expectations
5 Regional Summaries
6 Drones
7 Technology Summaries
8 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/xw0wl4
View source version on businesswire.com: https://www.businesswire.com/news/home/20220512005615/en/
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
The departing executives said he was asked to leave by the CEO, who "wants to take the team in a different direction."
(Bloomberg) — If the worst-case scenario for Germany hits, BMW AG, Mercedes-Benz AG and Volkswagen AG would struggle to paint their cars and the air across the country would get dirtier.Most Read from BloombergIndia Bans Wheat Exports as Food Security Comes Under ThreatElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CTerra $45 Billion Face Plant Creates Crowd of Cry
Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berkshire Hathaway ( (BRK.A) – Get Berkshire Hathaway Inc. Class A Report, is ranked number five on the index, which is a daily ranking of the world's richest people. The only other billionaire in the top 10 of the Bloomberg list is Gautam Adani, an Indian infrastructure magnate that owns real estate, commodities and power generation and transmission, whose total net worth is $102 billion and his year-to-date performance is a profit of $25.5 billion.
(Bloomberg) — From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels. Most Read from BloombergIndia Bans Wheat Exports as Food Security Comes Under ThreatElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over C
Micron could be the cheapest tech stock in the market, based on its price/earnings ratio. Western Digital isn’t far behind.
For his fourth and final "Executive Decision" segment of Thursday's Mad Money program, host Jim Cramer talked to Sanjay Mehrotra, president and CEO at Micron Technology , the semiconductor maker that trades at just five times earnings. Mehrotra repeated that all of Micron's end markets remain very strong, and they're both diversified and secular growers. When asked about slowing cell phone sales in China, Mehrotra reminded investors that while user growth in smartphones is leveling off, the transition to 5G wireless means there are more, and more profitable, chips in each device.
Unity Software's (NYSE: U) stock price plunged 29% during after-hours trading on May 10 following its first-quarter earnings report. On a non-generally accepted accounting principles (non-GAAP) basis, Unity narrowed its net loss from $27.3 million to $25.4 million, or $0.08 per share — which matched analysts' expectations. For the second quarter, Unity expects its revenue to rise just 6% to 8% year over year, which broadly misses the consensus forecast for 31% growth.
Apple just lost a coveted title. The iPhone maker snagged that crown in 2020 on financial performance that made investors dizzy on strong sales of its hardware — iPhone, Mac, Apple Watch — and a surge in services. It is therefore no surprise that Apple had passed the Saudi oil giant Saudi Aramco to become the world's most valuable company.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST.
African nations that have historically been gas suppliers to Europe are well placed to scale up their exports as Brussels looks to reduce its dependence on Russian gas
Gas prices hit record highs on Friday, as consumers are grappling with soaring inflation.
55% define retirement as “a new chapter in life.”
As you might know, EVgo, Inc. ( NASDAQ:EVGO ) recently reported its first-quarter numbers. It wasn't the greatest…
While many parents say they'll catch up on restirement savings when they're done paying for their children's educaiton, research shows that few follow up when the time comes. That threatens the long-term resilience of their nest egg.
United is the first major carrier to reach an agreement in principle with its union after months of negotiations.
As you know, we did release our Q1 results last night, and all of our disclosure materials, including the press release, MD&A, financial statements are available from our website, as well as from SEDAR. Now with me are Sherritt's CEO, Leon Binedell; and Sherritt's CFO, Yasmin Gabriel, who will be reviewing our results in detail.
Tension has been rising between American, Southwest and their pilot unions. United's contract offers hope for resolutions in those negotiations.
You must keep up on Warren Buffett stocks: The Berkshire Hathaway chief sticks to a winning investing formula, but he does not sit still.
The crude oil markets have slammed into the top of a triangle that I have marked on the charts as we continue to see bullish pressure. The question now is whether or not we can break out?

source

Enable Exclusive OK No thanks