Big data, which is driven by the accelerating progress of information and communication technology, is one of the promising technologies that can reshape the entire mining landscape. Mining is going through a testing time. Expansion to include related organisations in additional countries is planned. In order to meet the challenges of 2018 you need experienced, expert talent within your business. Recent disruption in commodity prices has led to many companies having to close down operations or make serious cuts in the size of their workforce. KordaMentha's Behind Business podcast discusses the most pressing commercial, financial and operational issues facing business today. Mining is a dangerous profession. Coronado Global Resources has requested two new fleets from NRW Holdings at the Curragh coal mine in Queensland’s Bowen Basin. While there are challenges to overcome as Australia transitions to a more sustainable future, both for the mining industry, government and regional communities, Aurecon believes Australia has the capability and capacity to model what a successful transition looks like for all. However, this is not a new challenge and the market has adapted to operating in this environment, which is why it no longer ranks as highly as other risks on a residual risk basis. Australia’s economy slowed in 2018–19 due to a housing downturn and a severe drought. Contact us to find out more. The mining industry comes with its fair share of challenges; from scarce resources to uncertainty around commodity prices, miners are always looking at ways to overcome barriers to stay competitive. As resources in some areas become scarce or depleted, companies are forced to push new frontiers of exploration. The result? The mining industry faces a number of challenges that promote the adoption of new technologies. In order to meet the challenges of 2018 you need experienced, expert talent within your business. Operational effici… Accessibility Coronado Global Resources has requested two new fleets from NRW Civil & Mining for the Curragh coal mine in Queensland’s Bowen Basin. Digital transformation is the number one priority. Gold mining in Australia had … However, there are still critical challenges facing our industry that, for the most part, will be solved by innovative professionals and technology. Aggreko can reduce the cost of power, boost production and respond to mine site emergencies throughout every stage of a mine’s life. • • Additionally, a change in mining practices has led to a renewed emphasis on the importance of consistent ventilation systems – to ensure that workers are kept safe from dangerous fumes. Western Australia's mining industry offers employment opportunities for refugees facing discrimination. Office of the Chief Economist warns that Australian mining faces short-term challenges caused by China’s slowing economic growth and rising trade protectionism. Details Published: Thursday, 31 October 2019 04:27 Written by ASIA Miner News. Like many industries, mining is facing a severe worker shortage, driven particularly by the dangerous, difficult, and remote work conditions. Become a member! Many existing mines are maturing, resulting in the extraction of lower ore … The gold industry has kept the Australian economy strong for the better part of the last century. Over the past few years, mining sector has made significant strides to steer through disruption and volatility. However, while Australia’s mining industry seems to be showing no signs of slowing down significantly, it faces challenges regarding employment. Access and allocation of capital is often cited as one of the biggest issues facing the mining industry, especially for its juniors. Joint Standing Committee on Northern Australia chair Warren Entsch has flagged that there is optimism in repairing the broken relationship between Rio Tinto and the Puuti, Kunti Kurrama and Pinikura (PKKP) Traditional Owners. Let’s look at the path to automation inside an industry that has a particularly long list of challenges – like the $680B mining industry. However, there are still critical challenges facing our industry that, for the most part, will be solved by innovative professionals and technology. Live webinar: Process Control for the Mining & Cement Industries – PlantPAx, When conveyor safety and monitoring MATTERS, Solution found through Decipher software for tailings facility data disclosure, IGO to secure Greenbushes stake in $1.9bn acquisition, Newmont anticipates Boddington production boost in 2021, Gruyere JV amps up power with renewable energy, Metso Outotec launches overland conveyor range, Searching for the latest safety news and technologies in the mining sector? 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