Artificial Intelligence in Mining: Strategic Intelligence

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Explore how artificial intelligence is transforming the mining industry with GlobalData’s AI in Mining report. Analyze AI adoption trends, mining automation, predictive maintenance, autonomous vehicles, mineral exploration, safety technologies, productivity improvements, and market forecasts through 2029. Understand how mining companies are leveraging AI to improve operational efficiency, reduce costs, enhance worker safety, optimize ore processing, and accelerate mineral discovery. Built on GlobalData’s thematic research and industry expertise, this report helps mining executives, technology providers, investors, and strategy teams identify opportunities, benchmark innovation leaders, and prepare for the future of AI-powered mining.

Report Value Proposition – Why This Matters for You

Artificial intelligence is rapidly becoming a critical technology across the mining value chain, helping companies improve productivity, enhance safety, reduce operational costs, and accelerate mineral discovery. As mining companies continue investing heavily in AI initiatives, adoption is expected to expand significantly over the coming years.

GlobalData estimates that the global AI market will grow from $131.3 billion in 2024 to $641.8 billion by 2029, while mining industry spending on AI is forecast to increase from $2.7 billion to $13.1 billion during the same period.

This report helps mining companies, technology providers, investors, and industry stakeholders understand how AI technologies are reshaping mining operations through automation, predictive analytics, autonomous equipment, safety monitoring, and exploration optimization. It also highlights leading adopters, emerging technologies, and future opportunities across the mining sector.

Key Insights in the AI in Mining Market

  • Mining industry AI spending is forecast to grow from $2.7 billion in 2024 to $13.1 billion by 2029.
  • The global AI market is expected to reach $641.8 billion by 2029.
  • AI is transforming mining operations through predictive maintenance, autonomous equipment, and advanced analytics.
  • Mining companies are increasingly using AI to improve productivity and reduce operational costs.
  • Autonomous trucks, drills, and shovels are enabling safer and more efficient 24/7 operations.
  • AI-powered exploration tools are enhancing mineral discovery and resource identification.
  • Collision avoidance and fatigue detection technologies are improving workforce safety.
  • AI-driven analytics are optimizing ore processing, recovery rates, and resource utilization.
  • Advanced sensing technologies such as LiDAR, thermal imaging, gas detection, and machine vision are supporting safer mining environments.

Scope

What You Will Learn

  • How AI is transforming mining operations and business models
  • AI adoption trends across the global mining industry
  • Market size forecasts and growth outlook for AI in mining
  • Applications of predictive maintenance and equipment automation
  • The role of AI in mineral exploration and resource discovery
  • Mining safety technologies powered by artificial intelligence
  • AI-driven optimization of haulage, extraction, and ore processing
  • Leading mining companies investing in AI technologies
  • Specialist AI technology vendors serving the mining sector
  • Future challenges and opportunities shaping AI adoption in mining

Target Buyers for This Report

This report may support decision-making for:

  • Mining companies and operators
  • Mining technology providers
  • Digital transformation and innovation leaders
  • Mine planning and operational teams
  • Equipment manufacturers
  • Engineering and consulting firms
  • Investors and private equity firms
  • Commodity producers
  • Market intelligence and strategy teams
  • Government and industry stakeholders

How Companies Use This Report

Mining companies may use this report to identify AI technologies capable of improving operational efficiency, enhancing safety performance, and reducing costs across extraction, haulage, processing, and maintenance activities.

Technology providers can leverage the insights to understand adoption trends, evaluate market opportunities, and position AI-enabled solutions within a rapidly expanding mining technology ecosystem.

Equipment manufacturers and automation vendors may use the analysis to identify areas where autonomous systems, predictive maintenance platforms, and intelligent monitoring solutions are gaining traction.

Additionally, investors and strategy teams can utilize the report to evaluate technology leaders, assess future growth opportunities, and benchmark AI adoption across the mining sector.

Key Highlights

The report covers how AI overcomes key challenges in the mining industry. These include safety, mineral discovery and exploration, productivity, ore processing, and the environment.

The 2025 GlobalData mine-site technology adoption survey identified the technologies mining companies are investing in. These include mine planning and scheduling software, collision avoidance, predictive maintenance, fatigue detection, drones, wearables, and autonomous vehicles which commonly have integrated AI features, showing how important AI is to the mining industry.

Reasons to Buy

Benchmark Against AI Innovation Leaders in Mining

The report helps organizations benchmark AI adoption strategies, technology investments, operational capabilities, and innovation initiatives across leading mining companies.

It also provides insight into specialist technology vendors and solution providers helping accelerate the digital transformation of mining operations worldwide.

Built on Trusted GlobalData Thematic Intelligence

Built using GlobalData’s proprietary thematic research framework, market forecasting models, and mining industry expertise, this report combines technology analysis, market intelligence, and industry case studies into a comprehensive strategic resource.

Trusted by mining companies, investors, technology vendors, and industry decision-makers, the report delivers actionable insights into one of the most important technologies shaping the future of mining.

Act Now to Capitalize on AI-Driven Mining Opportunities

As mining companies face increasing pressure to improve productivity, strengthen safety performance, optimize resource utilization, and reduce environmental impact, artificial intelligence is becoming a critical competitive advantage. Organizations that invest in AI capabilities and understand emerging technology trends today may be better positioned to drive operational excellence and long-term growth in the evolving mining industry.

ABB
AlphaSense
Anglo American
Antofagasta
Arcelor Mittal
ALS Global
Barrick Gold
BHP
Boliden
Caterpillar
Coal India
Core Lithium
Delair
Dingo
DroneDeploy
Firmatek
Fleet Space
First Quantum
Flyability
Fortescue Metals
Glencore
Gold Fields
Hexagon
Hikvision
Inflection Resources
Intellisense.io
KoBold Metals
Komatsu
Mantrac
MaxMine
Minsur
MineSense
Newmont
Northern Star Resources
NRW Mining
Oinride
Rio Tinto
Sandvik
Sandvik (Wolfram Bergbau und Hütten)
Scania
Skycatch
SNCTechnologies
South32
Strayos
Tomra
Vale
Veracio

Table of Contents

Executive Summary

Players

Value Chain

The Impact of AI on Mining

Case Studies

Companies

Sector Scorecard

Glossary

Further Reading

Our Thematic Research Methodology

Report Authors

About GlobalData

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