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Newcrest mines data in the cloud for a $100m virtual goldmine

Paul Smith

Australia’s biggest gold miner, Newcrest Mining will turn to emerging digital twin technology to improve the performance of its flagship Cadia mine in NSW, with its most senior technology executive saying it could unlock hundreds of millions of dollars of untapped value a year.

The plan involves constructing an exact digital replica of the mine, which will then change based on real-time data from sensors and let Newcrest plan changes and maintenance. It is made possible by a broader shift onto new cloud computing platforms.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/newcrest-mines-data-in-the-cloud-for-a-100m-virtual-goldmine-20220302-p5a15w