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Acceleration into digital
A side-effect of stabilizing commodity prices is that mining is ready to accelerate into digital , boosting the use of IoT , Industry 4.0 technologies and leveraging AI and operational data . Many miners have started implementing Machine Learning in operations to optimize throughput in processing plants , predict and prevent equipment failures and refine operating parameters . As the benefits become evident there will be more use cases and broader adoption of these techniques as well as escalation and industrialization of the pilots and trials that initiated its application in 2017 and 2018 . Agustin Costa , Partner at The Boston Consulting Group
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