Tag Archives: Rayven

Industry leaders to discuss mining’s sustainable future at IMARC

A greener future will require more mining than ever before, meaning collaboration and the adoption of new technologies across the industry’s entire value chain is no longer an option, but a necessity, organisers of the International Mining and Resources Conference (IMARC) say.

This will be among the key challenges being addressed by industry leaders and innovators at the conference, due to take place on November 2-4, in Sydney, Australia.

According to key players in mining equipment, technology and services (METS) space, who will be speaking at the forum, there’s an urgent need for the industry to dramatically increase its uptake of sustainable technologies.

AspenTech Vice President and General Manager of Metals and Mining, Jeannette McGill, says not being at the cutting edge of available technology can be risky for mining companies.

“Technology is mandatory as it underwrites the future for mines, especially the ones mining lower-grade metals,” she said. “It’s these technologies that are going to allow us to mine and process more efficiently and allow us to have less impact on the environment.

“We can be more robust in how we push out the technologies into the market, but the constraints are around a skills base to absorb it, but also the adoption of technologies doesn’t come without a cost.”

Paul Berkovic, Chief Commercial Officer at I4 Mining by Rayven, agrees initially some technologies are hard to adopt but will eventually have an extremely significant impact on productivity, safety and in meeting demand for critical minerals vital to future energy solutions, including solar panels and wind farms.

“Competitively, it will be unavoidable, but there will also be huge environmental benefits to the adoption of this technology which consumers should understand because mining is not going anywhere,” Berkovic said. “It’s a really important part of our economy but how do we make it a more friendly part of the economy than it currently is perceived as?”

Ethically-conscious consumers are one of the major driving forces behind the mining sector’s transition, according to METS Ignited General Manager, Kylah Morrison, who says they are more influential on the industry than ever before thanks to the pressure they put on end-user manufacturers.

“You’re seeing a lot of those end users, which maybe had two or three steps before the raw materials got to them, starting to have to take responsibility for what those interim steps are and make them more secure, so we’re seeing miners have a more direct relationships with end users,” Morrison said.

“Fortunately, with data and computing power, we can offer that transparency. Apple, for example, could say to the consumer who’s purchasing an iPhone or an iPad: ‘we know for sure that we’re providing a carbon neutral or low carbon product’.”

With that community influence in mind, it’s also the responsibility of mining companies around the world to ensure they are engaging these technologies in a thoughtful way, rather than making reactionary decisions to engage in short-term solutions that may not be manageable in the future.

“The mining space has been at the vanguard of technology to a certain extent,” Berkovic said. “It’s had self-driving vehicles and all sorts for 20-30 years now, but what is happening now is a whole lot of these new novel technologies are coming out but they’re being adopted in a sort of ‘point and shoot’ manner,” Berkovic said.

IMARC Conference Director, Sherene Asnasyous, says with such a diverse cross section of the mining and resources industry attending, the event is a unique opportunity for collaboration to address evolving challenges such as this.

“IMARC will shine a spotlight on the role the METS sector is taking in driving the global energy transition, how it is bringing innovation to the exploration and development of new future-facing resources, and how it is helping balance the needs of the developed and the developing world, as well as local communities and environments, in the resource transition,” Asnasyous said.

“At its core, IMARC creates a global conversation and is all about the business of mining and resources, providing extensive opportunities for collaboration, knowledge sharing and cross-sector engagement to help drive a smarter, more productive industry of the future.”

International Mining is a media sponsor of IMARC, in Sydney, Australia

Rayven’s I4 Mining to support industry’s energy transition, decarbonisation and profitability plans

Rayven has announced the launch of I4 Mining, a new suite of completely interoperable digital mining solutions designed to, it says, accelerate the mining sector’s transition to a profitable zero-harm, zero-carbon, zero-waste future.

I4 Mining offers six ready-to-deploy solutions (plus a bespoke development option) featuring pre-built logic, artificial intelligence and enterprise functionality; allowing them to be deployed and performing in the field in weeks, the company says.

Rayven says it is already working with several large global miners to support their key strategic goals, with I4 Mining leveraging Rayven’s existing partner network, as well as the broader Rayven team, to provide data science and implementation services globally.

Jared Oken, CEO of Rayven, said: “We are truly excited to be able to provide the mining sector with a new suite of solutions that will enable businesses to modernise to support energy transition, achieve their own carbon neutrality commitments and protect short-to-medium term profitability.”

Phillip McBride, Rayven’s CSO who will be leading the new I4 Mining unit, added: “The mining industry is already undergoing a significant paradigm shift and it has a very clear future: one that supports energy transition whilst delivering on zero-harm, zero-carbon and zero-waste strategic goals.

“I4 Mining’s new suite of solutions combine the Industry 4.0 technologies needed to achieve this transformation both fast and profitably, including pre-built artificial intelligence and adaptive analytics functionality, giving miners the specialist platform that they need to effectively transition their operations whilst maintaining short-term success.

“The solutions can be deployed in weeks, are completely interoperable, and are commercially viable at scale – de-risking transformation projects and enabling miners to prove the efficacy of Industry 4.0 technologies and deliver tangible results, fast.”

The I4 Mining solutions include:

  • Health + Safety: connect workforce, plant and technologies, utilising historical and real-time data to prevent and predict workforce harm across operations;
  • Environment + Community: a complete environmental monitoring, management and compliance solution that enables miners to monitor operations in real-time and use artificial intelligence to predict, prevent and quickly remediate breaches;
  • Asset Monitor + Maintenance: a real-time asset monitoring, utilisation optimisation and predictive maintenance solution all-in-one;
  • Yield + Production: monitor and analyse all of the variables that go into material extraction, screening and processing to uncover improvements and then seize them to increase yields and efficiency;
  • Energy + Resource: optimise the usage of the inputs that go into mining operations and reduce waste to improve profitability and utilisation;
  • Oversight: improves real-time strategic decision making and speed of execution by providing up-to-date, accurate data from all of an organisation’s sources into an easy-to-use predictive analytics and operational control engine; and
  • Create + Disrupt: bespoke solution development.