Due to the growing population, demand for various natural resources has increased over the years. Due to this there is increase in demand in the mining industry. The market players are working on advancements in equipment and mining technology for improved safety of the workers and operational efficiency. The demand for advanced mining equipment is more in the underground mining industry. Rise in consumption of natural resources and the growing need for mineral fertilizers drive the market growth. Mining contractors are rapidly adopting automatic and technology-led equipment for operations, thus providing lucrative opportunities in the market. According to Allied Market Research, the global mining equipment market is anticipated to grow at a significant CAGR from 2021 to 2030.
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Several mining projects across the world are moving from conventional mining techniques to automation in mining. The market players are adopting integration and automation in mining techniques and equipment. Newcrest, Canada, procured automatic surface mining equipment from Sandvik Mining and Rock Solutions for Red Chris open-pit copper and gold mine. Sandvik Leopard
DI650i and Sandvik DR412i are the two automatic surface and rotary drills that will be used at an open pit copper-gold mine at Red Chris, Canada. The intelligent down-the-hole Leopard DI650i drill offers an accurate method in open cast mining for grade control and ore body identification with its RC drilling system. While the Sandvik DR412i blast hole drill provides reliable penetration and returns for rotary and DTH holes of almost 216-311 mm (8.5-12.25 in). It serves both on-board and off-board automated requirements. These automation-ready drills will improve the safety and productivity of the mining project.
Global gold producer, Nordgold has upgraded its mining fleet at Russia’s underground Irokinda mine to improve safety and efficiency. Nordgold has ordered Sandvik DS421, a self-contained cable-bolting rig, and an automatic concrete sprayer, Normet Spraymec SF 040. The Sandvik DS421 bolter is designed for rock reinforcement in small and medium cross-section underground mines. The concrete sprayer aids in stabilizing tunnels and enables the operators to fill the smallest gaps and pores. The Irokinda mine’s auxiliary equipment and machinery have also been modernized and include shift buses and fire trucks. These enhanced equipments improve the operation safety at the site and support the operators to maintain the site in good condition.
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Market players are embracing strategic collaborations to aid market growth and innovations. Three major companies, Newtrax, Sandvik, and Perenti’s Barminco, recently announced their collaboration to develop a leading-edge solution to improve the safety of people near the heavy vehicle (HVs) working area. This partnership specifically aims to study the interaction between workers and equipment in an underground mining environment and reduce the risk factor. As a part of this collaboration, Newtrax will provide its Collision Avoidance System across the Sandvik fleet of Barminco. The Barminco’s underground mines will also be supplied with Newtrax’s smart cap lamps along with futuristic electronic safety features like automatic speed control. The collision avoidance system provides virtual visibility of workers in HV’s immediate surroundings to the operator. It also gives an escalated alert to the operator and pedestrian as well. This system will be a boon for workers involved in the underground mining industry.
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