How Augmented Reality is Disrupting the Mining Industry in 2020

PALM BEACH, Florida, Jan. 14, 2020 /PRNewswire/ — Augmented reality is quickly becoming one of the must-have technologies for major industries, including healthcare, government, military, automobiles, and education. It’s even transforming the mining industry with regards to improving mine productivity, reducing maintenance costs, protecting miners, providing site tours of mines, and training in real-world environments, notes Mining Technology. Better, “Rather than simply viewing a 2D representation of logs – or even a 3D view – on a monitor or paper, think about being able to physically ‘lift’ the core from ground and see the geology, geophysics and imagery overlaid on a 3D representation of the hole in its physical location, with the relative geology of all other boreholes in the vicinity,” notes Grey Properjohn of Australian company Vix Technology. “The potential is amazing and set to revolutionize, if not redefine, current thinking.” These advancements are creating sizable, exciting opportunity for top companies like NexTech AR Solutions (OTCQB:NEXCF)(CSE: NTAR), BHP Group (NYSE:BHP), Newmont Corporation (NYSE:NEM), Rio Tinto Group (NYSE:RIO) and Barrick Gold Corporation (NYSE:GOLD).