IoT in Mining: Leading Internet of Things Companies in the Mining Industry [Yahoo! Finance]
AngloGold Ashanti PLC Ordinary Shares (AU)
US:NYSE Investor Relations:
anglogoldashanti.com/investors
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Source: Yahoo! Finance
The falling price of sensors and improved computing power is helping miners to implement IoT across the whole value chain. Using data from machines to improve productivity and efficiency can in turn help reduce emissions, improving ESG credentials. Autonomous drilling, driverless haul trucks, drones for surveying and safety, wearable technologies, and predictive maintenance are some of the IoT mining technologies that can improve mining operations. Leading mining companies in Internet of Things Leading companies are those that use drones, autonomous vehicles and machinery, and collect and use data throughout the mining value chain to improve operations. Some leaders also use wearable technology for enhanced safety and have private connectivity networks on the mine site to improve collaboration and communication, as well as facilitate the use of IoT devices. A few leading adopters in mining are Anglo American, AngloGold Ashanti, Barrick Gold, BHP, Freeport McMoRan, Fortescue M
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- 8/6/24 - Beat
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