WorldWide Drilling Resource

9 WorldWide Drilling Resource ® APRIL 2018 Hot Off the Press page is proudly sponsored by Aries Industries, Inc. Robots Replacing Humans in Mining In BDO’s Energy 2020 Vision: The Near Future of Mining report, BDO’s Natural Resources leaders around the world made predictions for the mining industry in 2020. They include: 3 Robots will replace more than 50% of miners, and mining accidents will be cut by 75%. Half of the miners will be retrained to run the technology control- ling the robots. 3 Technology will drive a 30% de- crease in per ton digging costs for global mining companies leveraging Internet- connected sensors and automated drill- ing equipment. 3 Miners of the Future - As technol- ogy companies become more depend- ent on the security of supply of important minerals, they will take direct stakes in mining companies or in operating mines themselves. 3 By 2020, renewables will account for one-quarter of the world’s electricity generation as dependence on coal de- creases. “The value of harnessing technology is clear. Driverless technology increases mining output by 15-20%, while cutting fuel and maintenance costs by 10-15% and 8%, respectively. It also improves mining safety exponentially. At the same time, though, these Internet-connected technologies open the mining industry up to new cyberattack vectors that they must hedge against through proper in- ternal controls. If not, they risk seeing their entire operation crippled by a sin- gle attack. We believe that to prepare for success in 2020 and beyond, min- ing companies must strive to become ‘Lean, Green, Digital’ machines,” said Sher i f Andrawes, nat ional leader, National Resources at BDO. For a link to this website, visit: worldwidedrillingresource.com