Sustainable development of the mining industry in the context of digital transformation

¹ Financial University under the Government of the Russian Federation, 49, Leningradsky Prospekt, 125167, Moscow, Russian Federation
² Buketov Karagandy University, 28, Universitetskaya str., 100024, Karaganda, Kazakhstan

^* Corresponding author: doptaganka@yandex.ru

Abstract

The article considers the processes and prospects of the mining industry sustainable development. The main results of the study include the substantiation of the introduction of digital transformation processes as the main global trend of the mining enterprises sustainable development, along with the use of high-tech innovative approaches. The presented study considers the impact of the digital technological revolution “Industry 4.0” on the prospects for the of the mining industry development. The comprehensive analysis of the state, problems, advantages and disadvantages of the mining enterprises functioning in the context of constantly changing external and internal factors of economic and foreign policy development of modern Russia has been carried out. The factors determining the relevance of the digital transformation of mining enterprises, promising directions for the development of geotechnology in the 21st century, are considered, using the example of the introduction of intelligent Mining 4.0. (Mining 4.0.) and the construction of intelligent digital mines. The mechanisms and digital solutions, which implementation will solve thef key tasks, are considered. The practical application of the research results will allow mining enterprises to reach a new sustainable level of the development as well as to increase the competitiveness in the global market.