Mining processes are complex and mining equipment – mobile, semi-mobile or stationary – is capital-intensive. In underground mining standard load-haul-dump (LHD) vehicles are approximately 70 % more expensive than wheel-loaders of the same capacity used in surface operations. In large opencast mines, huge off-high way trucks and heavy excavators and dozers represent a tremendous amount of investment of several hundreds of million USD. However, in surface mines or in underground mines, mobile mining equipment as well as stationary machines like processing plants do contribute the main share to capital expenditure (CAPEX) in mining.

Operational expenditures (OPEX) are another major concern of the industry. They are decisive for being competitive or not and can easily amount to a sum threefold of what was invested as CAPEX. Maintenance costs for mobile equipment often account to up to 25 % of total OPEX. Adding the costs for running processing plants to this will display the largest share (> 50 %) of total spending during the life of a mine. Hence, maintaining machine fleets and processing plants should be the main concern when mining operations are targeting an improved margin. smartHUB offers the opportunity to claim a further piece of this potential. This suitable tool to utilize the opportunity of digitalization and to make sense of all available data is going to change the industry.

smartHUB enables mine operators to take more precise and on-time decisions to improve efficiency and safety of their operations. Leveraging the capabilities and opportunities of digital applications and IIoT, smartHUB makes mine operations more transparent and predictable. The increased efficiency will further reduce consumables and resources needed to maintain a steady production.”

Mining processes are complex and mining equipment – mobile, semi-mobile or stationary – is capital-intensive. In underground mining standard load-haul-dump (LHD) vehicles are approximately 70 % more expensive than wheel-loaders of the same capacity used in surface operations. In large opencast mines, huge off-high way trucks and heavy excavators and dozers represent a tremendous amount of investment of several hundreds of million USD. However, in surface mines or in underground mines, mobile mining equipment as well as stationary machines like processing plants do contribute the main share to capital expenditure (CAPEX) in mining.

Operational expenditures (OPEX) are another major concern of the industry. They are decisive for being competitive or not and can easily amount to a sum threefold of what was invested as CAPEX. Maintenance costs for mobile equipment often account to up to 25 % of total OPEX. Adding the costs for running processing plants to this will display the largest share (> 50 %) of total spending during the life of a mine. Hence, maintaining machine fleets and processing plants should be the main concern when mining operations are targeting an improved margin. smartHUB offers the opportunity to claim a further piece of this potential. This suitable tool to utilize the opportunity of digitalization and to make sense of all available data is going to change the industry.

smartHUB enables mine operators to take more precise and on-time decisions to improve efficiency and safety of their operations. Leveraging the capabilities and opportunities of digital applications and IIoT, smartHUB makes mine operations more transparent and predictable. The increased efficiency will further reduce consumables and resources needed to maintain a steady production.”

2019 mining trends

Rethinking mining strategy

Analytics and artificial intelligence

Managing risk in the digital era

Identified 2019 trends in mining can be solved or supported with IIoT