Predict to prevent: Transforming mining with machine learning

Over the past few decades, the mining industry has been mired in a productivity slump of sorts. On the whole, production efficiency is down and costs are up. Mining companies have naturally looked for ways to turn this around, and digitalization has been one of the chief approaches these companies have followed. Mining companies have a lot of data at their disposal. Sensors are seemingly everywhere in their underground operations. But thus far it has been very hard for mining companies to capitalize on all their data because of the difficulty in making sense of it all.