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Applying Advanced Analytics to Optimize Open-pit Operations and Maintenance
Speaking at the International Mine Exhibition (IMEX), which was held during October in Las Vegas, Dr. Nathan Flesher, director of operations for MineLens, discussed the data the company has been compiling and the services it now offers its customers. Many mines have implemented lean management concepts as well as total quality management, and Big Data will likely be the next tool for mining companies to increase profitability. Using "rigorous" benchmarking methodology based on proprietary normalization algorithms and analytics, MineLens claims they can identify opportunities to improve productivity while reducing costs and capital expenditures.
Applying Advanced Analytics to Optimize Open-pit Operations and Maintenance
Speaking at the International Mine Exhibition (IMEX), which was held during October in Las Vegas, Dr. Nathan Flesher, director of operations for MineLens, discussed the data the company has been compiling and the services it now offers its customers. Many mines have implemented lean management concepts as well as total quality management, and Big Data will likely be the next tool for mining companies to increase profitability. Using "rigorous" benchmarking methodology based on proprietary normalization algorithms and analytics, MineLens claims they can identify opportunities to improve productivity while reducing costs and capital expenditures.
Applying Advanced Analytics to Optimize Open-pit Operations and Maintenance
Steve Fiscor (author)
2015
Article (Journal)
English
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