MINING INDABA •
Supplied by 4Sight Holdings
By leveraging data analytics tools and AI-enabled capabilities , mine operators can transform operations from a state of retrospective reporting that offers hindsight to real-time reporting that delivers actionable insights and eventually achieve adds the ultimate goal of predictive capabilities that deliver foresight .
INVEST IN AI TODAY TO FUTURE-PROOF AFRICAN MINING
Contributed by 4Sight Holdings
Technology continues to play a transformative role in the African mining industry , with the topic set to feature prominently at the 2025 Investing in African Mining Indaba , which will take place at the Cape Town International Convention Centre ( CTICC ) under the theme of “ Futureproofing African mining , today ”.
While the sector is looking to technology adoption to play a gamechanging role in transforming operations , productivity and output , mining executives need to consider where to invest for the biggest impact against a backdrop of constrained access to capital , the need for environmental stewardship and rising costs . reporting that offers hindsight to real-time reporting that delivers actionable insights and eventually achieves the ultimate goal of predictive capabilities that deliver foresight .
“ Overall , AI and automation can deliver up to 55 % in efficiency improvements with the correct solutions and implementation plans by improving speed , safety and quality ,” affirms Swart .
These efficiency improvements also positively impact miners from an Operations perspective . AI-modelled mine simulations are used to visualise inefficiencies or identify bottlenecks .
“ Only 15 % of companies have data-ready operations to maximise return on investment ( ROI ) on investments into artificial intelligence ( AI ) and realise their transformation objectives ,” states Wilhelm Swart , chief operational technologies officer at 4Sight Holdings . According to Swart , the key to unlocking value from technology to drive efficiency lies in the ability to leverage data effectively .
“ We spend significant time collecting and analysing data across the five critical business domains of People , Stakeholders , Operations , Finance and Innovation to deliver a measurable and meaningful impact in the mining sector ,” explains Swart .
“ By leveraging data analytics tools and AI-enabled capabilities , mine operators can transform operations from a state of retrospective
AI-enabled solutions can automate visibility .
Image by Freepik www . africanmining . co . za African Mining Publication African Mining African Mining • January 2025 • 43