Technology of mining in the future

The future of mining is not just about the deposits and reserves that have not yet been efficiently tapped. It also is not just about the people who will make up the mining community years from now - though both are crucial to the sector's future.
A central element of mining's future is technology, be it those ideas which keep miners safe, keep mining equipment moving in the most optimised manner, new ideas that will keep commodities moving from pit to port, or that reduce or even eliminate the ecological impact of the industry.
In order to advance the natural resources and mining industries with a focus on sustainable and socially responsible solutions, Indian mining conglomerate Vimson Group and New York-headquartered innovation hub Newlab founded Prospect Mining Studio.
The partnership supports top entrepreneurs, engineers, inventors, and prominent researchers to advance the natural resource and mining industries. The program explores opportunities in prospecting and surveying, exploration, mine design and planning, closed loop production, and mine closure and mitigation.

Newlab is a tech firm with over 800 inventors, engineers and entrepreneurs applying their respective technologies to better health, environment, infrastructure and and other sectors, and many have taken on mining alongside other industries they represent.
Each company of the Prospect Mining Studio cohort has its own take on something that may well shape the industry's future in a significant and lasting way.
Vimson Group director and Prospect Mining Studio co-founder Vivek Salgaocar said of the chosen companies: "This year more than ever before, the world is looking to sustainable, responsible solutions, and the mining industry is no different.
However, rather than seeing this as a hurdle, Prospect sees this as a tremendous opportunity, and has selected and continues to seek out promising startups that provide environmentally and socially responsible solutions that directly contribute to the profitability of a company, thereby ensuring acceptance and implementation."