Mine communication systems and drones key investment priorities
Mine communication systems and drones key investment priorities for miners, says GlobalData
9th January 2020 -- The drive to improve productivity, efficiency and safety is leading to rising investment by mining companies, large and small, in a wide range of technologies. Already the extent of mines having invested in mine planning and management software is high, but there are rising levels of investment particularly in mine communication systems and drones, according to GlobalData, a leading data and analytics company.
The company’s latest report, ‘Global Mine-Site Technology Adoption Survey 2019’, reveals that 61% of mine sites have already made considerable investment in fully implemented mine communication systems, such as private LTE networks or 5G (55% in 2018), while 56% of mines have invested to some extent in drones compared with 44% in 2018. Furthermore, 47% of mine sites surveyed intend to invest within the next two years, either for the first time or in addition to existing investments, in mine communication systems, while the figure is 41% for drones.
David Kurtz, Director of Analysis, Mining and Construction at GlobalData, commented: “Further investment in communication systems is critical for mines looking to extend levels of automation or deployment of Internet of Things (IoT) devices. This is driving the rising use of private LTE networks and 5G...