Segments / MinING
Mining: Discover the Paragon partnership
Mining is surely a complex operation. And said complexity is increasing as companies are forced to dig deeper and faster to access the best quality ore.
Environmental and safety issues make mining companies rethink their processes, placing the digital twin as a core element of integrated supply chain planning – from the extraction operation at the mine to shipment for export at the port.
The supply chain is an intricate sequence of steps and processes in phases that are individually larger than complete chains of other industries: raw material extraction, transport, piles, processing, transport by rail and ports.
Simulation tools can help mining companies analyze potential changes in their operations and incorporate the impact of critical external factors such as weather, geological conditions, demand and commodity prices.
PARAGON solutions allow the modeling of discrete events, which is the process of representing the behavior of a complex system as a series of well-defined events.
Come and see the value that PARAGON CONSULTING can add to your decision making towards growth!
Challenges in the mining industry
How we solve your problem
The PARAGON team is formed by experts in decision-making tools. Said tools include statistical, modeling, management and data visualization software and methodologies. We use the most modern state of the art ou latest simulation, optimization, scheduling and data visualization technologies. Our main goal is to offer security for decision making, presenting results and simple alternatives for complex problems that help reaching the productivity and profitability targets through cost reduction and investment optimization.
Mining 4.0 Implementation
Connectivity is a reality for growth and increased profitability in all segments. It is necessary to maximize the management of operations through technology resources.
For the mining industry, digitization is even more important and urgent; the production chain is extremely complex, from the extraction of raw materials to selling the finished products to the domestic market or export.
Each step can reach the size of complete chains in some industries, with an intricate network that needs to operate in perfect harmony with the adjacent steps.
Furthermore, mining companies need to explore deeper and deeper into the extraction areas to obtain a better-quality raw material. This requires more process automation and greater data sophistication for analysis.
How to address all these critical factors and make decisions quickly and safely? With data science, the expertise of PARAGON.
Information is a valuable asset and cannot be underestimated, especially in mining, where incidents and delays represent losses that can reach millions of dollars, as in a single shipment of ore abroad.
PARAGON works with mathematical modeling and scenario simulation software and methodologies that can help mining companies analyze potential changes in operations and supply chain.
Simulation of discrete events allows managers and users to analyze the behavior of a process, process chain or system over time.
With this type of simulation, it is possible to:
And all of this can be done even when the current performance of the operation is already considered adequate, so that the mining ecosystem keeps improving constantly.
Intelligent equipment management
The machinery used in the mining production chain is a critical item in the planning of profitability and operating costs.
Said equipments are used in different phases, but mainly in the handling and loading after the extraction and processing of the ore, which has a very high added value, as it is mostly imported and which require specific maintenance plans.
The mine’s uptime must be total to avoid discontinuity in operation, but some indicators need to be controlled constantly.
The use of data gathered from a large fleet or industrial park scaling analysis in a project with PARAGON provides clients with a overall view of the dynamics and productivity of the equipment.
With data modeling and simulation, you can use a digital twin of the current operation to simulate scenarios by testing the variables present in the operation with event stress – extraction peaks, climatic and geological conditions, etc. – and to validate the results.
This eliminates a major risk: investing heavily in a model that has not been saturated enough to demonstrate the ability to deliver the expected (or superior) results.
MinING: Paragon CLIENTS
New projects and production updates can be risky to carry out. Reduce the risk of excessive expenses and delays with the best upfront planning, and project design and architectures tested by over 1,000 Paragon customers since 1992.
Do you want to bring data excellence to your project to make the most assertive and secure decisions for your mining value chain?
PARAGON can be your ally!
Click below and a specialized consultant will contact you to know your goals and show our partnership that adds value!