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Latest Innovations that Changing the Mining Industry

Latest technological advancement in mining industry is shifting it toward sustainability and making it modern in true means. With digitalization the traditional mining process is becoming more safe and productive.  Socrates Vasiliades ATO – A businessmen with years of experience in the field of metal and mining industry also believe in the positive role of new technology in mining businesses. So, here we will discuss the latest technogical innovations that are changing the mining industry for a more productive and globally sustainable future. So, here we go- Unmanned Aerial Systems – Automated drones is all set to perform operational tasks making the mining process more efficient with its capabilities. This may include surveillance in hazardous areas, infrastructure inspection, site mapping, etc.    Artificial Intelligence – AI and machine learning has highly impact the decision making power of miners for near future. Companies can find out potential mining sites more eas...

Opportunities in Mining Industry

Mining industry is one of the fastest growing markets worldwide. If you are thinking to start you business venture in mining industries, here are some great opportunities to explore- You can step in mining field both directly and indirectly. If you don’t have substantial capital to start the business directly, you can start with a brokerage business associated with mining industry where you just have to make profit by linking buyers and sellers. Another good way to indulge yourself in mining industry is to start with the transportation of minerals from mining site to the workplace. Logistics and transportation is essential part of mining business and you will be amazed with this huge business opportunity. Mining business is impossible without tools and equipment, from mining site to refining site, everywhere there is the need of specialized tool the complete the process. Involving in sales of equipment for mining industry can also be a good approach to enter in this industry. Instead o...

The Demand For Iron Ores Is Increasing

Iron is one of the most important and widely used elements that are demanded across a variety of industries. Whether it’s about making steel or products out of iron, ore is the primary material of choice. Iron of varying grades is obtained from its ores which are found directly in the earth’s crust. Various processes of mining are used for the extraction of iron ores (hematite and magnetite) which are later processed under laboratory conditions to obtain iron. This iron is supplied in steel and various other industries to later make a wide variety of products. The products of iron are highly demanded in steel (for making steel, stainless steel with addition of some other elements), construction, casting, civil engineering, automotive, manufacturing a several other industries. Before use, the extraction of ore is the major challenge. One of leading names in the production or extraction of iron ore is Avima Iron Ore. Located in the North West Republic of Congo, the company has earned...