Artificial intelligence application in the mining sector
Opportunities for digital technologies implementation, including implementation of artificial intelligence, are being implemented in the mining sector. Technologies help to save money and to solve problems that humans can't solve. McKinseyestimates that by 2035, the use of data analysis and digital technologies will help coal, iron ore, and copper producers save between $290 billion and $390 billion annually. Digital technologies and artificial intelligence enable companies to extract minerals in hard-to-reach places and under extreme weather conditions. This article first appeared in Mining Review Africa Issue 10, 2019 Read the full digimag here or subscribe to receive a print copy here This means that in an environment when mineral resources are becoming increasingly scarce, it is possible to develop deposits that used to be inaccessible, to do it without endangering lives of employees and to minimize human errors that often lead to costly mistakes.
Nov-11-2019, 10:22:17 GMT