Interlate will provide expert decision support and near real-time productivity improvement services to Newcrest's operations in Australia and Papua New Guinea.
Interlate's productivity improvement service combines mining expertise, data science and Internet of Things (IoT)-based technology. Interlate operates from an Operations Intelligence Centre in Brisbane.
Craig Jetson, executive general manager at the Lihir and Cadia mines, said: "We are pleased to announce our partnership with Interlate to deliver their near real-time monitoring solution for our operations. Remote support that leverages advanced data analytics is a key part of our operational improvement strategy — Interlate's Sentinel service is the solution we were looking for, enabling those improvements to be sustained in the future."
He added: "The ability to rapidly identify significant value-adding initiatives made the decision to partner with Interlate easy. Given their experience in remote monitoring, their solution provides us a ‘safe on-ramp' into this space, without closing the door on developing our own capabilities in this area internally in the future."
David Meldrum, CEO of Interlate, commented: "We are delighted to be assisting Newcrest. 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. This value will steadily increase as Newcrest realises further gains from the real-time productivity improvement services."
