Use CaseManufacturing & Industrials / Mining and metals

Optimise mine plans based on data such as drilling samples or historic and comparable site performance

Optimise mine investment and plans based on drilling samples, past sites, and other data. This may include publicly available data and specially collected private data.

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Operational

Operational - Lower error rates

Cost

Cost - Optimise resource allocation

Description

Optimise mine plans based on data such as drilling samples or historic and comparable site performance

Benefits & ROI

0.5

Linked Case Studies

Case Study

Roy Hill

Roy Hill iron ore project optimises mine operations planning based on predicting supply chain outcomes

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Case Study

Goldcorp Inc.

Goldcorp plans to increase accuracy of identifying potential mining prospecting areas using IBM Watson and machine learning to analyse drilling and geological data

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Source: mckinsey.com · Editor: original-sdg