1. NEW TECH, NEW DEAL: Mining Policy Options in the Face of New Technology
- Author:
- Isabelle Ramdoo, Aaron Cosbey, Jeff Geipel, and Perrine Toledano
- Publication Date:
- 10-2021
- Content Type:
- Special Report
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- Throughout the history of mining, technological innovation has played a vital role across all cycles of mining projects. The new wave of technological adoption is a combination of evolutionary and revolutionary technologies, with an increasing focus on the latter. An acceleration in investments in disruptive technologies in recent years has seen the large-scale mining sector finally catching up with a dynamic that has already advanced in many other sectors. The reasons for this shift include more difficult geology, declining ore deposits, the need to reverse a secular decline in productivity, the need to improve safety for mine workers, a need to manage environmental impacts, and—more recently—a reaction to pressures from the COVID-19 crisis.
- Topic:
- Science and Technology, Mining, Automation, and Machine Learning
- Political Geography:
- Global Focus