The mining industry is constantly evolving, and companies need to stay ahead of the curve to remain competitive. One of the biggest challenges facing the industry is the need for real-time monitoring and analysis of mining operations.
One of the primary risks associated with decentralised analytics is the potential for data breaches and cyber-attacks. Since data is collected from multiple sources, it is more vulnerable to cyber threats, and it can be challenging to secure the data effectively. Additionally, decentralised analytics can lead to data silos, where different departments or teams within a company have access to different data sets, which can lead to inconsistencies and errors in data analysis.
Another risk associated with decentralized analytics is the potential for data overload. With so much data being collected and analysed, it can be challenging to identify the most critical data points and make informed decisions based on that data. Finally, decentralised analytics can be expensive to implement and maintain, which can be a significant barrier for smaller mining companies.
Minopex's NeuroMine is a fit-for-purpose operating model that identifies, resolves and optimises mining operations in real-time. It provides insights into production, process, engineering and control functions for various commodities and mineral processing plants. The system is designed to improve safety, increase efficiency, reduce costs, enhance flexibility and improve data management.
Real-time monitoring of operations can help mining companies to make informed decisions in real-time, which can help to maximise operational efficiency, safety, and sustainability. Secondly, it enables proactive maintenance and equipment optimisation, which can help to reduce downtime and increase output. Real-time data and analytics can facilitate data-driven decision-making, which can help to improve the accuracy of predictions and forecasts. Plant operators also have the ability to monitor and control processes from a safe distance, reducing the risk of accidents and incidents on the plant floor. Finally, it advances environmental monitoring and sustainability by providing real-time data and AI-powered analytics that push the boundaries of sustainability in this sector.
NeuroMine is a mining insights centre that provides real-time monitoring, analytics, and expert domain-driven insights from a single, central location. The system is designed to provide valuable insights into plant performance and enable proactive maintenance and troubleshooting. It also offers access to highly lucrative technology, software systems, and analytical services that are essential for effective mine operations.
The mining insights center services the full value chain including mining, crushing, processing, tailings and logistics. Operational insights are driven by data analysis, data science and various systems resulting in increased throughput, recovery, uptime and grade. Data is managed through a centralised function of domain data scientists and analytical experts with multiple commodity experience.
Offline insights: Providing unbiased, time efficient, deep dive data science investigations into issues raised by onsite engineers.
Online insights: Providing new solutions (and using existing systems) to continuously monitor operational parameters to detect anomalies and provide expert advice on possible action plans. This entails reactive and proactive monitoring.
Minopex's NeuroMine has revolutionized the mining industry by providing real-time monitoring and analysis of mining operations.
The system has improved safety by allowing plant operators to monitor and control processes from a safe distance, reducing the risk of accidents and incidents on the plant floor. It has also increased efficiency by better coordination and optimization of processes, resulting in improved efficiency, reduced downtime, and increased output.
The system has also helped reduce the need for on-site staffing and travel costs for highly skilled technical staff, resulting in cost savings. Furthermore, it has enabled data-driven decision-making by collecting data at the central remote operating center and populating advanced predictive models for asset care.
Minopex, a DRA Global company, is a leading global plant operations and maintenance specialist, employing over 2,000 personnel across 14 different countries. They offer their clients a cutting-edge solution that will revolutionise the mining industry.