+1 407 337 0110 hello@redmeters.com

Data collection and use optimizes the mining industry

20

July, 2017
L. Irwin
Follow by Email
Facebook
LinkedIn
Google+
http://redmeters.com/data-optimizes-mining-industry/">

Data collection, storage and sharing were hot topics at the recent Hatch Intelligent Mining Conference held in Johannesburg this year. According to Jeanne Els, Regional Director of Digital Mining Australasia, only a small amount of data generated by the mining industry is currently being collected and used for prediction and optimization. Only 1% to 5%, to be precise.

Advancements in the Internet of things (IoT) – the inter-networking of physical devices embedded with electronics or sensors that enable them to share information – have spurred innovation in the area of data collection throughout the mining industry. Being able to develop models that can simulate processes and systems using real-time data collection allows for accurate predictions of outcomes and optimization. Decreased variability combined with real-time decision making improves health and safety outcomes, productivity and efficiency.  

Smart technologies are being introduced into the market, automating data collection and calculation. These consumer and industrial technologies– such as the new “smart” density meters– are streamlining the mining processes, leading to improvements in the industry itself.

  1. Header photo: Camelia.boban via WIkipedia Commons
  2. http://www.engineeringnews.co.za/article/data-and-digitisation-spur-on-innovation-in-the-mining-industry-2017-07-12/rep_id:4136

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

About Our Writers

Our Red Meters writing team is a focused and dedicated group of professionals committed to detailed reporting and analysis using quality sources. The team uncovers the most current, relevant, and thought provoking stories from the industries we work with and presents them through our Red Meters blog posts and spotlight pieces. The team also posts updates and photos about the exciting things that are always happening in industrial technology, including our own innovative real-time exact density meters, on our social media channels. Our meters are the new standard in density measuring technology, and our talented writers are ready to present news that enlightens, excites, and informs Red Meters readers. Find us on Twitter, Facebook, Instagram, YouTube, and LinkedIn.

6520 Pinecastle Blvd

Orlando, FL 32809 USA

+1 407 337 0110

sales@RedMeters.com