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Why has technological evolution affected the mining industry in Colombia?

Why has technological evolution affected the mining industry in Colombia?

Digital TransformationGreen TechnologyIntelligent TechnologyMore News

Unlike other countries like Australia and Chile, which started the innovation process more than 20 years ago, Colombia is still facing challenges, and the industry is just beginning to chart its path in terms of Digital Transformation.

Climate change concerns and the negative impact generated by the production of most industries are issues that are becoming increasingly relevant in the global debate. According to a study conducted by the Colombian Ministry of Mines and the United Nations Office on Drugs and Crime (UNODC) on the evidence of alluvial gold mining in 2020, illegal mining affected 100,752 hectares, an increase of 28% between 2014 and 2020.

Luis Carlos Guerrero, President, Lumen Technologies Colombia, said: “We hope to achieve significant changes focused on enhancing the competitiveness in the global market, as well as improving the well-being and safety of employees.

“This is without forgetting that, through technological solutions, it is possible to help control and mitigate environmental impact, which means moving towards a sustainable industry.”

Unlike other countries like Australia and Chile, which started the innovation process more than 20 years ago, Colombia is still facing challenges, and the industry is just beginning to chart its path in terms of Digital Transformation.

Some solutions were designed for the mining process to combine the hybridization of the physical and digital world with data processing and business applications that allow the presentation of inventories, analysis of environmental conditions and online production as the definition of business rules based on the data that is collected.

“Companies that use these types of solutions are more competitive and adapt much better to the dynamics of competitors, consumers and their suppliers since they understand in depth their opportunities for improvement and connect them with the technologies needed to develop the business towards Industry 4.0,” said Guerrero.

“Without a doubt, technology is an added value in the transformation of the industry in terms of productivity and cost reduction, revenue growth, risk mitigation and exploration of new markets. Therefore, companies must have an ally that provides them with comprehensive solutions aligned with strategic objectives that today are very dynamic.”

How to have more effective sustainable mining processes that allies with technology?

Blockchain offers significant benefits to the sector because the entire production chain can be monitored, which can mitigate informality and the intervention of external agents in the areas where this type of business is developed.

Automation in extraction process machines, with which the equipment can operate remotely and simultaneously, allows the monitoring of different variables of the mining fleet, as it does not require exposure to multiple risks and extreme environmental conditions on-site.

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