NETWORKS AND COMMUNICATIONS
Metals Inc has announced that it has entered into a definitive agreement with MineRP, the provider of integrated mining technical solutions, whereby DPM will combine its proprietary wireless underground communications technology, managed within DPM’ s Terrative Digital Solutions division, with MineRP, and acquire a majority interest in MineRP. The statement said that the combination“ will create a leading technology provider well positioned to further capture the rapidly growing demand in the mining industry for digital innovation.”
The statement continues:“ MineRP, a private company founded in 1997 and headquartered in South Africa, is an independent software vendor for the mining industry. Its unique platform improves productivity in planning and operations by integrating various technical and financial applications in the industry. Since 2011, DPM has also established itself as a leader in digital innovation across its asset base, particularly at Chelopech where it developed wireless underground communications technology which is held within Terrative.”
DPM is a globally recognised leader in mining innovation, and developed wireless underground communications technology held in Terrative.“ MineRP’ s vision of unified mine planning and production suits DPM’ s vision of the future, and the DPM board agreed to the value of investing in a combined MineRP / Terrative entity to provide
transformative digital innovation to the mining industry at large.”
With the August 2017 release of MineRP 4.0, MineRP is in a position to extend its dataintegration capabilities to real-time operational monitoring and control.“ For this purpose, the cost effective, robust communication and data acquisition technologies developed by Terrative, combined with MineRP’ s solutions will offer the mining industry a fully integrated communications platform and information management framework to practically enable millisecond mining.”
“ MineRP has always been at the forefront of innovation focused on the Enterprise Big Data in mining. Combined with the advanced digital communication technologies offered by Terrative, MineRP’ s enterprise solutions provide a revolutionary platform for robust digital transformation for mining. The transaction provides MineRP with the means to aggressively implement our Spatial Enterprise Integration strategy across the globe,” said Pieter Nel, CEO MineRP.
IBM in March 2017 announced that it is working with Goldcorp Inc to bring IBM Watson technology to the Canadian mining industry for the first time. The Vancouver-based gold producer – one of the largest gold mining companies in the world – will initially use IBM ' s cognitive technology for its exploration targeting
efforts in its Red Lake, Ontario mine.
A number of Watson services will be used to analyse vast amounts of data – from drilling reports to geological survey information – to help geologists determine specific areas to explore next, reach high-value exploration targets faster, calculate geological models with more certainty, and interpret the growing volume of data as geologists drive new discoveries. This will improve the ability of geologists to get new information from existing data and deliver regionalised insights that will assist in the exploration process.
“ The ability of IBM Watson to understand, learn, reason, and interact will have a considerable impact on the Canadian mining industry by enabling geologists to make more data-driven decisions, faster,” said Mark Fawcett, a partner with IBM Global Business Services.“ In industries such as natural resources where knowledge professionals are working with a rapidly growing volume of data, Watson is helping to evolve how professionals operate, make decisions, drive value, and gain competitive advantage.”
“ Goldcorp has always been focused on responsible mining practices," said Paul Harbidge, Senior Vice President of Exploration at Goldcorp. " By coupling our exploration and mining expertise with IBM Watson’ s cognitive strength, we will be able to make the exploration
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