On the back of mine health and safety remaining an international talking point, mining industry operational software solutions provider Mineware Consulting has developed an innovative AI-powered feature aimed at transforming risk mitigation processes in the mining industry.

With a spotlight on mine health and safety, the company notes that significant efforts are being poured into the management and mitigation of risk to personnel, as well as work stoppages resulting from health and safety incidents.

However, Mineware Consulting notes that traditional risk assessment methods often fall short in addressing the complex challenges inherent in mining activities.

“At the heart of Mineware's latest offering lies sophisticated AI algorithms designed to significantly enhance the accuracy and efficiency of risk assessments,” the company says.

“Our goal is to empower mining operations with cutting-edge technology that not only enhances safety but also optimises operational efficiency,” says Mineware Consulting CEO Ian Saker.

Through the deployment of AI-powered “assistants”, Mineware reports that its safety software suite, part of Syncromine Core, is able to scan and analyse vast amounts of data from diverse sources including safety and rock engineering inspections, as well as general checklists. This data is then processed to identify potential hazards, assess associated risks, and evaluate the effectiveness of existing controls.

The AI-powered risk mitigation feature operates within a structured framework comprising input, output and a continuous feedback loop.

Users initiate the process by submitting requests to review specific aspects of their risk assessment data.

Leveraging the inputs provided, the AI assistants generate actionable recommendations and guide users through the risk identification and mitigation processes.

Additionally, the system evaluates the effectiveness of controls in real-time, pinpointing potential control failures.

One of the key features in the process, Mineware Consulting highlights, is the feedback loop mechanism, where information gleaned from various Syncromine modules is automatically fed back into the risk model. This iterative process enables continuous updates and refinements, ensuring that risk management strategies evolve in tandem with operational changes and insights derived from ongoing data analysis.

“With our AI-powered risk mitigation feature, we’re providing mining professionals with invaluable insights to proactively address potential risks and ensure a safer working environment,” he says.

Software Integration, Benefits

Mineware's AI-powered risk mitigation feature is “seamlessly” integrated into its Core Risk Model software, offering mining companies a comprehensive solution for proactive risk management, reports Mineware Consulting.

The benefits of this include enhanced safety, improved efficiency, data-driven decision-making and continuous improvement.

By leveraging AI analysis, the software improves the quality of data and identifies potential gaps in risk assessment, thereby enhancing safety protocols.

In terms of improving efficiency, automation of the risk assessment process saves valuable time and resources, enabling personnel to focus on critical tasks; while AI-generated insights provide a robust foundation for informed decision-making regarding risk mitigation and control measures to address data-driven decision-making.

As for continuous improvement, the feedback loop facilitates ongoing refinement of risk models, ensuring that risk management strategies remain responsive to evolving operational dynamics and events in real-time.

Mineware Consulting reports that it remains committed to driving innovation and supporting its clients in their pursuit of safer and more efficient mining operations through modern technological solutions.

“By harnessing the power of AI, mining companies can proactively mitigate risks, enhance safety, and optimise operational efficiency,” the company says.

“We are excited about the potential impact that this functionality will have on the mining industry,” says Saker, adding that Mineware Consulting remains committed to driving innovation and supporting its clients in their pursuit of safer and more efficient mining operations.