Digging Deep: How Artificial Intelligence Can Revolutionize Mining

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The deployment of artificial intelligence (AI) in mining is enabling companies to improve their efficiency and productivity, which is crucial to their profitability. The mining industry is pivotal to the world's economy. The mining industry's top companies had a total revenue of approximately 683 billion U.S. dollars in 2018. Implementation of AI in mining activities can help push the industry even further forward by reducing the operating costs and simplifying the mining processes. A majority of mining companies still depend on traditional mining practices.