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The First Ore Mining Company and Zyfra to Introduce AI-based Solutions in Far North

Mining News - Published on Wed, 12 Jun 2019

Image Source: armz.ru
Mr Igor Semenov, Executive Director of The First Ore Mining Company and Mr Igor Bogachev, Chief Executive Officer of ZYFRA Group signed document at the Arkhangelsk Region bench. The parties intend to consider the possibility of implementing the Intellectual Pit project on robotic automation and remote control of open pit equipment at the Pavlovskoye deposit. For this, a bilateral working group will be created within 45 days. The term of the memorandum is three years. Intellectual Pit is a set of digital technologies for managing open-pit mining processes based on robot loading and transport systems, as well as industry solutions in Internet of things, artificial intelligence and predictive analytics. One of the system’s advantages is ensuring the possibility of mineral production in hard-to-reach and remote regions with difficult climatic, mining and geological conditions.

Mr Igor Semenov said that, the production digitalization issues are in the focus of ROSATOM State Atomic Energy Corporation and ARMZ Uranium Holding Co. Creating a new enterprise, we focus on the application of the most promising solutions based on the elements of the 4th industrial revolution. Today’s signing with Zyfra is another step towards creating a highly efficient enterprise in the difficult climatic conditions of the Far North.

Mr Igor Bogachev, said that the enterprise operation in extreme climatic conditions is complicated, including such factors as the high cost of resources and special requirements to occupational safety. The robot systems offered by our subsidiary VIST Group, including the Intellectual Pit, allows reducing equipment downtime by 10-20% and maintenance costs by 15-18%, which ultimately leads to a reduction in production costs by 2-3 %.

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Posted By : Rabi Wangkhem on Wed, 12 Jun 2019
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