Executive Summary

Our survey shows who in the industry is implementing new technologies and what they have achieved so far
Beth McLoughlin
Our survey received responses from 223 mining professionals. Of the 129 who answered the question ‘To date, has your company (or a company you have invested in) deployed or developed automation technology?’, nearly two-thirds (60.6%) said their organisation had.
When it comes to those who have used artificial intelligence (AI) to drive efficiencies in the mining company they work for or have invested in, just under two thirds have not deployed this technology yet.

To date, has your company (or a company you have invested in) deployed or developed automation technology?

To date, has your company (or a company you have invested in) deployed or developed AI technology to drive

Digitalisation and automation are clearly being widely used by miners who want to optimise operations, but different technologies are advancing at different speeds.
When we started putting these reports together, we treated automation and digitalisation separately. This year, we have decided to bring them together, for several reasons.
Digitalisation projects very often revolve around automation, with mining companies increasingly choosing to automate some of the more dangerous parts of their operations and move operators away from heavy machinery, ultimately into remote operating centres (ROCs) where possible.
There is no way to achieve that without moving away from manual processes and using sensor and other data to plan operations – ie, without a full digitalisation program.
ROCs such as Rio Tinto’s operations centre in Perth, from where 50 autonomous trucks are operated in Pilbara nearly 1000 miles away, are only made possible using the latest technology. For example, the BHP ROC in Santiago can handle 5.4 terabytes of information every day.

Who we asked

First, a word on the methodology we used to put this report together. We received 223 responses to our

What kind of company do you work for?

Where is your company HQ?

survey, with 42.2% of these coming from mining equipment, technology or services (METS) companies.
Mining companies (producing) made up 17.5% of respondents, while mineral exploration companies that are not currently producing were 8.1% of the whole. Investment companies accounted for 4.5% ȬLjЯɞƦɫɖȬȝɫƦɫмЮ
Of all respondents, 44% were in senior or middle management, with 22.9% at the board level or on the executive committee of the company they work
for, meaning that a significant number can be described as decision makers.
More than one in 10 (12.1%) of respondents were from companies with market capitalisation of more than US$5 billion, with 10.8% in the $1 billion to $5 billion category, and 29.6% from companies with market caps of less than $250 million. Almost a third (29%) were from private companies or chose not to disclose their company market cap.
Respondents were from across the globe, with 26.5% in australia, 16.6% from the US, 23.3% from Europe and about a quarter from other parts of the world. and about a quarter from other parts of the world.

Picking priorities

Even though roughly a third of our respondents had not yet deployed automation in their operations, it came out top of the list of priorities when professionals were asked what would be most important to miners by 2030.
Next on the list was real-time monitoring and data collection, which is not a surprise as this is essential to any kind of automation program. In tough price environments for many metals and minerals, collecting data in real time can help drive efficiencies. Despite becoming a buzzword since the rise of generative AI in many industries, optimising and improving efficiency through AI was only third on the list

In 2030, which technologies will be mining's top priorities?

AI has been cited as driving improvements in operations such as ore sorting, with an expert recently telling Mining Magazine that AI-integrated solutions can increase mineral yield by 15-20%, reduce transportation costs by 25-30% and drive sustainability.
A separate study by researchers at Charles Darwin University in Australia found that AI algorithms could predict gas-related incidents in coal mines 30 minutes before they occur. The ability of machine learning to process information much more quickly than before means that new use cases are always being discovered.
It is possible that the true impact of AI on mining is not yet known. For instance, work by SRK Consulting found that it could have a huge impact on safety, simulating 20 years of blasting sequences in just a few days so that the risks associated with explosives in surface mining can be radically reduced.
Fourth on the list was sustainable processing. A survey by Mining Magazine Intelligence conducted earlier in the year found that processing was the number one mining operation companies thought could be transformed by AI.
New technologies, such as direct lithium extraction (DLE), are already making waves in the industry. Not only can they reduce the energy required to process source material, but they often save money and time
Machine learning can make small adjustments in processing, identifying any material that will cause problems further down the line, and altering parameters such as heat and quantity of reagent in real time
The next two on the list were load/haul/ore transport technology and power generation technology, which scored almost the same number of responses, with transport slightly higher.
Fully automated trucks, such as the electric T 264 unveiled by Liebherr and Fortescue at the most recent MINExpo grab headlines and are increasingly becoming established in mines across the world.
Australia leads the way here, but even in regions where full automation is not the norm, mine sites are using aspects of it, such as collision avoidance systems, to improve safety and optimise operations.
The reason power generation technology comes in so close to transport is likely that they are very closely linked. Replacing drills, load haul dump (LHD) machines and other heavy equipment is also an opportunity to electrify operations, and that comes with power challenges.
Another buzzword in recent years, digital twins, came in as the lowest on the list of technologies our respondents thought would be top priorities in mining by 2030, though still significant.
Digital twins can help mining companies with predictive maintenance and efficiency, and are used to test out scenarios in the virtual world before they can have an impact on the real one. However, many companies have some form of a digital version of reality already, though they might not consider this to be a digital twin.
Digital twins are sometimes described as hype, but they can have an important role to play in asset management in mining and in avoiding expensive shutdowns or downtime.

Remaining challenges

The paradox of implementing automation and digitalisation programs is that their success depends

How big a barrier are the following factors in the uptake of emerging and innovative technologies in mining?

on the humans that deploy and operate them. We asked our respondents what the biggest barriers were to the uptake of emerging and innovative technologies in mining, and the answers were revealing.
Company culture and internal resistance to change were viewed as a “large barrier” for almost a third of those we surveyed, and a “moderate barrier” for just under a third.
About half said lack of evidence of effectiveness held them back and was considered a moderate barrier, while this was a large barrier for 23.2% of those in the survey.
Perhaps unsurprisingly, upfront costs were also a concern, with almost half citing this as a large barrier and a little under a third saying it was a moderate barrier. That picture might look different for junior miners without the deep pockets of the majors, but combined with the lack of evidence for effectiveness, the results suggest that miners are unwilling to commit large sums of money for something they cannot be sure will get results.
Technical concerns and drawbacks were viewed by almost half of respondents as a moderate barrier to the uptake of emerging technologies.
Other significant barriers included the long lead times and supply chain constraints, which can mean it takes time to implement new tech. This was cited as a moderate barrier to uptake by 40.6% of those who answered our question on obstacles. Meanwhile, a shortage of the required skills was seen as a moderate barrier to uptake for almost half.

Success stories

As we have seen, about two-thirds of survey respondents have deployed or invested in automation for a mining company while only about a third have done so with AI. From 120 responses, covering those that had implemented automation technology, no one said it had been unsuccessful. Only eight found it had been “not very successful” with a majority reporting moderate success and 46 responding that automation had been “very successful” for their organisation.
When it comes to AI, there have also been successes, but our responses suggest this is more of a mixed bag. While a large number of companies of different kinds reported that the deployment of AI had been moderately successful, quite a few of our

How successful has automation technology been overall for your company (or the mining industry)?

70 respondents to this question, those that had implemented AI, were less enthusiastic.
Of those respondents from mining equipment, technology or services (METS) companies, 29% said AI had not been very successful for them. A quarter of mineral exploration and development companies said the same, while 24% of producing mining companies also reported that implementing AI had not been very successful.
The picture was even bleaker for investment companies, with 67% saying it had not been very successful.

How successful has AI been overall for your company (or the mining industry)?

To fully understand why, it might be necessary to determine exactly what kind of AI these companies used. Machine learning for ore sorting could bring different results to using generative AI to summarise investment meetings, for example.

Looking ahead

2030 was the date we asked survey respondents to look forward to, partly because so many mining companies have ambitious sustainability targets to reach by that time.
Without monitoring current performance through data or deploying technologies that can drive efficiencies, meeting these goals looks tougher to do.
Most thought spending on AI will increase, with the majority of those in our survey backing an uptick of 50-100% in six years’ time. A little under a third had more modest expectations of a 10-30% increase by 2030, while a significant number thought that spending on AI in the mining industry will go up by more than 100%.
We also asked where the positive impact of emerging and innovative technologies will be felt in the mining industry.
Our respondents predicted that these technologies will have a large impact on production, and a moderate impact on profitability. Operating costs were also singled out by a high number of survey respondents as an area that will be moderately impacted by innovations.

By 2030, how big a positive impact will emerging and innovative technologies have on:

Sustainability targets and tackling carbon emissions were also seen as factors that could be positively affected by new technologies.
While the companies in our survey – and in the industry more widely – might be at different stages in their journey, our findings suggest that there is only one direction of travel when it comes to digitalisation and automation.
Navigating the technology landscape may not be easy, but our respondents are clear that there are significant gains to be had for those that do.

How do you expect spending on AI in the mining industry to change by 2030?

Scroll to Top