The global mining industry is undergoing transformational changes, such as the adoption of a digital training approach. For example, training simulators improve mine productivity and safety. As demand for minerals surges, new players are emerging and business is becoming more challenging. India is witnessing explosive growth in the mining sector supported by generous reserves of coal, iron ore, and other minerals. Indeed, mineral exploration is expected to be a priority for the government, resulting in increasing demand for improved equipment.
With the growth in the mining industry, competition is inevitable and change is the only constant . Mining companies are constantly under pressure to increase productivity and reduce costs. They are investing in the latest mining machines and equipments that can deliver maximum output in the most efficient way. However, the global mining industry also faces several key challenges affecting individual companies’ productivity.
Shantanu Gupta: Managing Director Tecknotrove, India talks to Global mining review- a leading global magazine about the key factors that affect the productivity of mines.
Globally, mines are facing some serious challenges which are becoming a deterrent to improving productivity. Some of the common challenges include a shortage of skilled operators, increasing costs of operations, high risks, and knowledge drain. The article explains how digital training such as training simulators improve mine productivity and safety.
A preview of an article that appears in Global Mining Review’s November/December 2022 issue. The full version can be read here.
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