Data Analytics Applied to the Mining Industry 2020
DOI: 10.1201/9780429433368-7
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Predictive Maintenance of Mining Machines Applying Advanced Data Analysis

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“…Like any other complex industrial operation, the mining industry requires intense capital injection and, as such, requires maximum asset utilization and throughput [1]. However, the industry continues to face several challenges ranging from diminishing resources, deeper deposits, harder rock mass, high capital and operating costs, volatile markets, and increasing environmental and social awareness [2,3]. This can disrupt the operational success of mining companies.…”
Section: Introductionmentioning
confidence: 99%
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“…Like any other complex industrial operation, the mining industry requires intense capital injection and, as such, requires maximum asset utilization and throughput [1]. However, the industry continues to face several challenges ranging from diminishing resources, deeper deposits, harder rock mass, high capital and operating costs, volatile markets, and increasing environmental and social awareness [2,3]. This can disrupt the operational success of mining companies.…”
Section: Introductionmentioning
confidence: 99%
“…Consequently, advanced data analytics and Machine Learning (ML) have been tipped to possess great value by extracting insights from operational data to enable process optimization, increased equipment efficiency, and timely decision-making [4]. With the amount of data generated from mining operations and advances in ML and data analytics, companies can make real-time decisions and predict future events to improve operations performance, reliability, and efficiency [2,5].…”
Section: Introductionmentioning
confidence: 99%