Newmont's (NEM) 5G Trial at Cadia Mine Shows Strong Results
NEMNewmont(NEM) ZACKS·2024-08-12 20:25

Newmont Corporation (NEM) recently announced that it is expanding its use of next-generation 5G wireless networks to improve safety in underground mining following trial results from its Cadia mine in New South Wales, Australia. In February of last year, Newmont announced a 5G trial with Ericsson and Telstra Purple at its Cadia mine, which is one of the world's largest underground gold and copper mines.Prior to the study, Cadia’s upload speeds were limited to 20-30 megabits per second (Mbps) when using Wi-F ...