The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Swedish multinational networking and telecommunications company Ericsson has launched Ericsson Private 5G, a next-generation private cellular 4G and 5G network tailored to drive the Industry 4.0 digital transformation. The latest network features secure and simple 4G LTE and 5G standalone connectivity primarily targeting manufacturing, mining and process industry, offshore and power utilities, as well as ports and airports. "With Ericsson Private 5G, we take the best of...
The economics of mining bulk tonnage commodities such as iron ore often hinge upon the ability to economically deliver millions of tons of product per year to global markets. Typically, trains and ships are the lowest cost options for moving ore at this scale. If an iron ore deposit is too far away from the ocean and too small to justify the expense of connecting to world markets via rail, then it becomes stranded. Unless, maybe, an autonomous convoy of triple-trailer trucks...
Mining companies, equipment manufacturers, engineering firms, tech companies, and universities have come together under a European Union-funded program aimed at developing new technologies, methods, and processes to increase the efficiency and sustainability of global mining operations. This three-year project known as Next-Generation Carbon-Neutral Pilots for Smart Intelligent Mining Systems, or NEXGEN SIMS, is building upon the successful sustainable mining operations...
Nokia April 22 announced the deployment of a private LTE/4.9G wireless network for Minera Gold Fields, partnering with Claro Chile to equip the Salares Norte mine and transform the Chile-based operation into one of the most digitalized mines in Latin America. As part of its wireless solution, Nokia is providing a complete retrofit that includes AirScale radio, small cells, packet core, IP routers and NetAct network management system. In total, the network will connect 150...
In a recent webinar hosted by Ericsson, industry leaders from AT&T, Epiroc, and Ambra Solutions met to discuss the global impact and direction of connectivity for the mining industry. This fireside chat, titled Mining in a Connected World Digital Event – 5G Things Dialogues, included an introduction of Ericsson's Smart Mining Value Calculator intended to share the brunt of determining risk toward the fast-growing technology sector and a hesitant mining sector in adopting n...
Epiroc Canada, a subsidiary of the Sweden-based Epiroc, has signed a definitive agreement to acquire the software company MineRP for increased mine productivity. As part of the agreement, Canada's Dundee Precious Metals and other shareholders will sell 100% of MineRP to Epiroc Canada, to become part of the European mining equipment company's technology and digital division. Dundee will receive nearly US$40 million from the sale, representing its stake in MineRP, with...
Sandvik has added its name to a group of Swedish mining, equipment, and technology companies working together to create the digitized, autonomous, and carbon dioxide-free mine of the 21st century. Already leading the global charge when it comes to the development of autonomous and electric powered underground mining equipment, Sandvik has join Sustainable Underground Mining, a collaboration put together by Swedish iron miner LKAB in 2018. LKAB put together this group known as...
High-speed networking and interconnected devices, which form a unified whole, are opening a new realm of possibilities for consumer and company alike. As the world continues to become more digitally interconnected, the value of companies and their success can almost be directly linked to how quickly they adapt and utilize newer technologies. We can see remnants of bygone eras still lingering in many industries, including mining, in an era where the speed of development of new...
