AI Use Case
Optimise mine plans based on data such as drilling samples or historic and comparable site performance
Optimise mine investment and plans based on drilling samples, past sites, and other data. This may include publicly available data and specially collected private data.
Function
Benefits
Operational - Lower error rates,Cost - Optimise resource allocation
Case Studies
Roy Hill~Roy Hill iron ore project optimises mine operations planning based on predicting supply chain outcomes,Goldcorp Inc.~Goldcorp plans to increase accuracy of identifying potential mining prospecting areas using IBM Watson and machine learning to analyse drilling and geological data
Potential Vendors
Schneider Electric,IBM Watson
Industry
Basic Materials
Mining And Metals
Data Sets
Images,Structured / Semi-structured,Time series
AI Technologies
Traditional AI,ML Task - Action Selection - Reinforcement Learning ,ML Task - Prediction - Binary Classification,ML Task - Prediction - Multi-class Classification,ML Task - Prediction - Regression