AI Innovations In Mining

These super sized rock trucks are on their way to drop a load of Platinum rich ... [ ] rock into the crusher. These trucks can carry more than 200 tons of rock at a time, and are too large for public roads. With the total operating expenses of the top mining companies worldwide reaching USD $15 billion, efficient operational methods using AI now dubbed smart mining is rapidly advancing. McKinsey estimates that by 2035, the age of smart mining achieved through autonomous mining using data analysis and digital technologies like artificial intelligence (AI) will save between $290 billion and $390 billion annually for mineral raw materials producers. The mining industry is increasingly using artificial intelligence in innovative ways to optimize processes, enhance decision-making, derive value from data, and improve safety.