Ventyx knows first-hand that mining is hard work. Multi-commodity mines in particular must account for a staggering array of variables – from different geological samples and data coming from the mine to changes in production capacity and fluctuating commodity prices. Traditionally, the time and resources required to stay on top of this data meant that no one could keep pace.
A best-practice approach to multi-commodity mining accounts for all significant variables as quickly and accurately as possible so that customer demands are met and production is optimized. Managing a successful, long-term strategy requires anticipating and responding to ever-changing market conditions. Committing to the highest safety levels, improving product quality, and extending asset infrastructure are essential.
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Ventyx can help multi-commodity mining organizations address the following challenges:
- Accounting for significant production variables – Mining companies must deal with highly variable raw materials, often with sparse data available to predict and plan for variations.
- Ensuring worker safety – Miners must stay safe. The size and complexity of machinery and the use of explosives and hazardous reagents mean that companies must actively manage high levels of risk.
- Streamlining information between mine planning and scheduling – Mining companies must ensure product consistency and quality by coordinating data exchange from geologists, engineers, metallurgists, logisticians, and maintenance engineers.
- Ensuring asset uptime when operating in remote locations – Mining companies must manage complex assets in remote locations when production and profitability relies on predictable asset availability.