MEM 501 – Fundamentals of the Mineral Industry
Module7-1 Assignment – Industry Technology
Read the accompanying articles on the Robinson Mine and the Minerless Mine in Sweden.
1 .Read the article on the Robinson Mine and their implementation of Minestar™
a . Describe the benefits of using the Minestar™ technology and how it improved the mining operations.Discusshow the mine personnel used the new information and what did they appreciate from the technology. (15 points)
2. Read the article entitled “Miners Say They Dig Artificial Intelligence but the Gold Rush Hasn’t Come” and answer the following questions (25 points)
a : Do you think that mining companies are leading or lagging with respect to technology implementation?Explain your position
b .The article states “Accenture estimates that innovative technologies, including robotics and automation, can unlock some $321 billion of value over the next decade in metals and mining.” If you were the CEO of a mining company, what might you do to realize some of this value?What risks might you take in implementing new technology?
NOTE: PLEASE NO LATE AND NO PLAGIARISM
Submit your answers by the due date and save the file as a pdf before uploading to the Assignment7-1Dropbox under “Module 7” on D2L.Please contact me if you have any questions or comments.