“At the height of the downturn in 2014 depressed commodity prices threatened corporate profits, impelled mine closures, put shareholder returns in peril and undermined capital budgets.
This combined with decreasing ore grades, deeper deposits, and more remote locations has forced companies to consider how to drive ongoing productivity improvements. This improved competitiveness means more resistance to market fluctuations in a volatile price environment.
From automation and enhanced drilling systems to data analytics and mobile technologies, companies embracing innovation are improving mining intensity whilst reducing people, capital, and energy intensity.
Against this backdrop, Mines and Technology will be addressing the most critical areas in the technology revolution. Mid-tier and major mining companies will share their innovation strategies and discuss how automation, drones, mobile applications, mine-planning software, 3D mapping, data analytics and alike are enhancing productivity and improving cost management.”