THE MINING EXECUTIVE MAGAZINE JANUARY/FEBRUARY 2020 EDITION
The Mining Executive Magazine is a premium, daily dose of executive centred news and discussion platform spanning across major resources industry sectors. The Magazine monitors and distil executives’ pulse in order to create a 21st-century Industry 4.0 adaptive knowledge ecosystem for the sustainability of future generations within mining, oil and gas fields. With thousands of executives on our radar, we are truly a global executive leader hence are viewed as the authoritative voice of reason. We dig deep into what happens behind closed boardroom doors and unearth critical signals and directions affecting the sustainability of our beloved industry. Our content comes from Technical journalists, Mining Executives, Subject Matter Experts, Academics, Analysts and seasoned professionals and, is regulated by a dedicated team of Editors and Journalist having deep technical and practical field experience to ensure accuracy and factual reporting across Australia, Asia/Pacific/ Europe/ Africa/Middle East, North America and South America. Website: www.theminingexecutive.com Email: info@theminingexecutive.com
The Mining Executive Magazine is a premium, daily dose of executive centred news and discussion platform spanning across major resources industry sectors. The Magazine monitors and distil executives’ pulse in order to create a 21st-century Industry 4.0 adaptive knowledge ecosystem for the sustainability of future generations within mining, oil and gas fields. With thousands of executives on our radar, we are truly a global executive leader hence are viewed as the authoritative voice of reason. We dig deep into what happens behind closed boardroom doors and unearth critical signals and directions affecting the sustainability of our beloved industry. Our content comes from Technical journalists, Mining Executives, Subject Matter Experts, Academics, Analysts and seasoned professionals and, is regulated by a dedicated team of Editors and Journalist having deep technical and practical field experience to ensure accuracy and factual reporting across Australia, Asia/Pacific/ Europe/ Africa/Middle East, North America and South America.
Website: www.theminingexecutive.com
Email: info@theminingexecutive.com
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The
MINING EXECUTIVE
Magazine FEBRUARY 2020
Unlocking Mining Value
Through Advanced
Orebody Knowledge
THOR KALLESTAD
Chief Executive Officer
Datacloud
Mining innovation is a business strategy that every mining
operation should embrace for future sustainability. A
businesses innovation strategy will not only pay dividends in
improving current operational business performance but also unlocks
future opportunities by preparing the business for the huge risks of many
unknowns. Just like the proverbial exercise routines that one needs to
undertake for their bodies to be fit for the future, the same can be likened
to innovation strategy, if postponed, like how being unfit a person can be
at a later stage, the same is with Innovation Strategy.
Some of the weak signals in mining operations involve long waiting
times for samples to return from the labs after drilling and the use of
exploration information, which may not be very reliable in localized
polygons to determine mining parameters like those of drill and blast. To
assist companies to understand more on the rocks their mining thereby
improving both the short term and long term strategies for mining
companies, DataCloud came up with inventive tools and a strategy
architecture of focusing on both linear (short term) and nonlinear (long
term) shifts affecting a businesses strategy when it comes to deriving
data in real time as mining progresses and being able to utilize that
currently and for the future risk strategies.
Know the Rock
The Digital transformation era has seen a seismic shift in the mining
industry strategies.One model of Digital Transformation in Mining is
based on five key pillars: Visualization and Alerts, Analytics and
Dynamic Scheduling, Digital Twins, Integrated Automation, and
Cognitive Network. To seize the opportunity, miners are embracing
digital tools and capabilities, which include artificial intelligence (AI),
cloud-enabled mobility, big data-powered analytics, and the Internet of
Things (IoT).
“
We've combined
geoscience expertise
with a user-friendly
rock mass evaluation
platform that provides
valuable subsurface
insights and significant
productivity
improvements.
”
On a green day, at a busy mining site (which is nearly every mine),
standing in one corner, getting a panoramic view of the geology office,
one will stand in awe at the traffic flow as everyone will be crouching
over piles of bags nearly bursting soil and rock samples and even more
bigger rocks scattered all over the room, trying to deliver the required
results for production to continue unhampered.
It is very apparent that
something ought to
change!!!!
Such is typical of geological teams of most mines as data must be
manually extracted before being loaded into analysis software's and
domains generated before mining can commence.
Several Silicon Valley start-ups and many others across the globe have
become the epicentre of mining technological innovation, a move that
has given some green life to the exhausted mining operations in a bid to
improve planning, data handling, analysis and application; productivity,
MINING GLOBAL DECISIONS IN YOUR PALMS
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