Newcrest Mining is further establishing its focus on digital technology through a partnership with services provider Interlate.
The gold-focused miner intends to integrate the Queensland tech company’s services at operations across Australia and Papua New Guinea via Interlate’s operations intelligence centre (OIC) in Brisbane.
Newcrest managing director and chief executive officer Sandeep Biswas has previously expressed that the company wants to become a technology and innovation leader within the mining industry.
The partnership follows Newcrest’s similar collaboration with Tata Consultancy Services (TCS), announced in October last year to create an innovation and digital operations centre (IDOC) in India. The company also partnered with Unearthed last year on The Newcrest Crowd, an online crowd sourcing solution.
Newcrest will make use of Interlate’s Sentinel software, a near real-time monitoring system that uses data analytics to optimise mining operations and increase cash flow.
Craig Jetson, Newcrest executive general manager, Lihir and Cadia, said: “remote support that leverages advanced data analytics is a key part of our operational improvement strategy.”
Interlate’s technology is designed to help prevent production interruptions and problem areas at mine sites, improving productivity while reducing operational risk.
Mining operations can add anywhere between 5000 to 30,000 tags at important areas onsite to collect data. Data from these tags is collected via an onsite data assimilation node (DAN) before being passed on to Interlate’s data centre for analysis and interpretation.
This information can then be used by site teams to identify performance issues and drive improved performance
“Working together, Newcrest and Interlate have already discovered significant productivity improvement opportunities in Newcrest’s operations, which could contribute millions of dollars in profit each year,” said David Meldrum, Interlate chief executive officer.
“This value will steadily increase as Newcrest realises further gains from the real-time productivity improvement services.”