THE ECONOMIC IMPACT OF THE INTRODUCTION OF DIGITAL TECHNOLOGIES IN THE MINING INDUSTRY

S. A. Evlashkina

Business Strategies, 2021, vol. 9, issue 10

Abstract: This article discusses the implementation of digital technologies in the mining industry, as well as the economic effect of their implementation. The advantages of using 3D models, “smart ear†systems, “Blast movement technology†are substantiated.  It was determined that Industry 4.0 opens up new prospects for the development of the mining industry, creating opportunities for productivity growth with improved labor safety. Thanks to the introduction of geotechnology - Mining 4.0 (Industry 4.0 in the mining industry), including such modern digital technologies as deserted robotic complexes of mining and quarry equipment, ubiquitous digital telemetry, the Internet of Things and machine-to-machine communications, digital 3D modeling and artificial intelligence in the mining industry becomes a high-tech production. The author analyzed the forms of penetration of Industry 4.0 technologies into the mining industries and the international experience of using Mining 4.0, showing the advantages of the further development of geotechnology in a new technological era and the economic effect of their use.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:aci:journl:y:2021:id:773

DOI: 10.17747/2311-7184-2021-10-296-300

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