Top 5 Benefits of Digitization in Mining
Digitization in mining is focused at making mining better than before. And “better” really means lower operating costs, more actual yield in compliance with plans, improved standards of safety, and a higher regulatory compliance. What digitization also delivers is automation of common manual tasks, some of which are very slow. In other words, unlike what […]
Using Short Interval Control To Enhance Mining Operations
Short Interval Control (or SIC) is a framework of structured processes that help you identify and act on opportunities to improve the effectiveness and efficiency of production. SIC has always been in use at conventional and traditional types of businesses such as manufacturing, mining, and others. SIC is also known as a factory-floor process among some […]
4 Factors That Are Driving Digital Transformation In The Mining Industry
The mining industry is going through a bleak phase. According to a World Economic Forum report – ‘Digital Transformation Initiative Mining and Metals Industry’, sluggish global demand growth, cost volatility, increasing resource nationalism & regulation coupled with workforce skill gap and low productivity has resulted in a steep decline of profit margins. With no signs […]
4 Reasons To Adopt A Fleet Management System For Underground Mining
Mining is a complex business that involves management of a large fleet of vehicles under environmental, legal and safety considerations. It is important for mining companies to have visibility into the use of every vehicle and the performance of every driver in order to streamline operations, improve safety standards and drive higher process efficiencies. A […]
Infographic – Digital Transformation in The Mining Industry
With profits down the global mining community is looking towards digital innovation to provide a breakthrough. With digitalization, mining companies are hoping for a transformation from traditional business models to a more smarter & profitable mine. Benefits of Digitalization in Mining Increased Productivity Improved Mine Safety Informed Decision Making Improved Failure Anticipation Reduced Environmental Impact […]
Top 5 Innovations in the Mining Industry
Over the past years, sliding productivity and spiralling costs in the mining industry has meant that the impetus for technological change is high. Mining companies remain under exceptional pressure to improve operating efficiencies, enable safer operations and cut costs. The influx of an array of new technologies and digital innovations in the mining industry has […]
Top 4 Challenges Facing The Mining Industry
The mining industry is still recalibrating to a set of strong headwinds after the commodity boom peaked in 2011. From volatile market conditions to resource scarcity and environmental mandates, the challenges facing the mining industry has forced miners to re-think the way they operate. In this article, we look at some of the major dilemmas […]
How GroundHog SIC Helps Miners Meet Daily Production Targets
With profits down, the mining industry has shifted its focus towards improving productivity in operations. In such a scenario, efficient utilization of personnel, material and equipment is the key to meeting daily mining production targets, while also cutting operating expenses. Digital and technology innovations have the potential to transform key aspects of mining operations to […]
5 Recommendations for Successful Digital Transformation in Mining
According to a report by the World Economic Forum, digitalization in the mining industry has the potential to deliver exceptional shareholder, customer and environmental value. This value is estimated to be over $425 billion in the next 10 years (to 2025). As mining companies will need to operate in an ecosystem of providers and partners, […]
Improve Productivity With Digital Fleet Management System
Mining is a complex business that involves management of a large fleet of vehicles under environmental, legal and safety considerations. It is important for mining companies to have visibility into the use of every vehicle and the performance of every driver in order to streamline operations, improve safety standards and drive higher process efficiencies. The […]
