No. 1-2, 2021 Mining & Metallurgy Engineering Bor 43 MINING AND METALLURGY INSTITUTE BOR ISSN: 2334-8836 (Štampano izdanje) UDK: 622 ISSN: 2406-1395 (Online) UDK: 622.012:669.013:681.5.01(045)=111 Received: 11.05.2021. Original Scientific Paper DOI: 10.5937/mmeb2101043M Revised: 25.05.2021. Economics and Management Accepted: 28.05.2021. Slavica Miletić * , Dejan Bogdanović ** , Miroslav Ignjatović *** , Zdenka Stanojević Šimšić * , Ana Kostov * ANALYSIS OF THE DIGITAL TECHNOLOGY IMPACT IN THE MINING AND METALLURGICAL COMPANIES **** Abstract Dissemination of the new technologies brings the new challenges in business of the mining and met- allurgical companies, as well as the care of accepting changes by the employees. This paper deals with an analysis of impact the digital technology development in the mining and metallurgical companies in Serbia. The research methodology is focused on measuring and interpreting the digitalization by the qualitative and quantitative methods. The research findings show how the business of mining and meta- llurgical companies is transformed into a digital age and provides everything that is needed to combine the mining and metallurgical processes with a new technology for sustainable development. Keywords: sustainable development, digital technology, mining and metallurgy companies * Mining and Metallurgy Institute Bor, Zeleni Bulevar 35, Bor, e-mail: slavica.miletic@irmbor.co.rs, zdenkassh@irmbor.co.rs; ana.kostov@irmbor.co.rs ** Technical Faculty Bor, University in Belgrade, V. Jugoslavije 12, 19210 Bor, e-mail: dbogdanovic@tfbor.bg.ac.rs *** Chamber of Commerce of Serbia, Belgrade. e-mail: miroslav.ignjatovic@pks.rs **** The research presented in this paper was done with the financial support of the Ministry of Educa- tion, Science and Technological Development of the Republic of Serbia, within the financing of sci- entific research work in the Institute of Mining and Metallurgy Bor, according to the Contract No. 451-03-9/2021-14/200052, and at the University of Belgrade, Technical Faculty in Bor, according to the Contract No. 451-03-9/2021-14/200131 1 INTRODUCTION Dissemination of the new technologies brings the new challenges in business of the mining and metallurgical companies, but also a worry for the job security. Thus, the digital technologies provide a new way of managing in the modern business processes [1]. As the impact of digital business is im- portant to many companies, many authors call it the industrial revolution [2,3]. The technological revolution provides to the mining and metallurgical companies a com- petitive advantage that enables them the potential benefits. Digital technologies bring the positive and negative changes to the companies both for managers and em- ployees. Successful application of digital technologies surpasses the existing techno- logy and requires creation of a transforma- tive vision, elimination a lack of skills of the employees, changing the organizatio- nal structure and culture and enabling the creation of a skillful and agile organiza- tional structure and development of digital strategy [4]. Development of the mining and metal- lurgical companies in Serbia is not a choice but an inevitability. Excessive exploitation of the non-renewable mineral wealth (mi-