Large volumes of data is often generated and captured in mining. However, it is uncommon for the value that this data contains to be fully uncovered and utilised to improve processes. The report “How digital innovation can improve mining productivity” by McKinsey & Company (2015) found that less than 1% of operational data obtained by mining companies is appropriately used.
This webinar will enable participants to apply theoretical knowledge of statistics to resolve applied mining problems. Participants will gain an understanding of what data to collect, how to measure it, and with what frequency? The data cleansing, validation, exploration, visualisation and integration phases will also be presented. In doing so, participants will be exposed to excel spreadsheets in order to appropriately find patterns, gain insights and communicate results. A number of case studies will be presented which demonstrate how data driven decision making can be unitised to improve mining processes.
This course requires participants to undertake numerous calculation based exercises to effectively demonstrate the impact of each of the key levers that will be addressed. All participants will be provided with template/pre-filled excel spreadsheets to minimize time spent on data entry. Good use of excel is therefore required.
This course is designed for participants with mining industry exposure that are genuinely interested in using data to find patterns and gain insights into how these can potentially improve mining processes. It is also recommended for mining professionals who want to refresh their knowledge on data analytics.
This may include but not limited to the following:
An Edumine author with 14 years experience in the Mining Industry as an Engineer, Consultant and Academic
Duration: 5 Hours
Category: Mining
Level: Intermediate