E-Business
How Digital Solutions are Driving Cost Savings for the Mining Industry
By Kevin Shikoluk
Mining operations everywhere are experiencing constant profitability pressures from two directions: continued commodity pricing volatility and global demand variability. Africa-based miners are no exception.
These dynamics have caused mining companies to re-evaluate business models and seek smarter, more efficient modes of operation that focus on sustainable cost management practices and improved productivity.
The mining sector isn’t unique in this regard. Many of the world’s leading industries—manufacturing, oil and gas, healthcare, and others—have also recognised this need for change. While the exact improvements vary from industry to industry, the path to transformation is similar: an emphasis on improvements at both the asset and process levels through the application of leading-edge digital technologies across the Industrial Internet value chain.
By harnessing the combined power of machine sensors, edge-to-cloud connectivity, advanced data capture, and powerful analytics, the Industrial Internet can deliver deeper insight into mining operations than ever before.
These insights can then be used to drive intelligent recommendations for improvement—from asset lifecycle management to condition-based, prescriptive maintenance programs and strategies to optimize performance within the plant. This approach has already yielded breakthroughs in improved efficiency, increased asset availability, and optimised processes in many other industries and there’s a growing track record of success in mining.
Condition-based maintenance can help reduce total maintenance costs by guiding the timing of maintenance, avoiding over-maintenance when not needed, and triggering maintenance sooner than might have been scheduled, ultimately avoiding expensive repairs from a more serious failure.
Even switching to usage-based predictive maintenance can help lower maintenance costs by avoiding performing unneeded maintenance on idle or lightly-used assets.
The incremental cost to instrument a critical asset is dropping rapidly thanks to the introduction of digital solutions within the mining space. Asset Performance Management, for example, can make a significant impact by giving real time visibility and actionable insights around the data that is captured within the mining operation.
This data from smart connected devices allows for much more precise and focused service that not only increases asset availability, but also reduces overall maintenance costs.
The power of vertical integration
The real power of these connected technologies, however, is the leverage they provide when integrated vertically across the mine.
For example, Wabtec worked with a South African operator to deploy a collision awareness system on a contractor’s fleet at their above ground mining operation. This in itself is not unique as many companies across South Africa are doing the same in order to comply with safety legislation.
What’s unique in this case is that the customer is using other solutions within Wabtec’s Digital Mine portfolio to help solve another problem: ensuring consistent feed grade of ore into the concentrator.
In this particular case, downstream processing was impacted due to the varying ore grade quality. Leveraging solutions from our Collision Awareness portfolio as well as Operations Performance Management technologies help operators blend the ore to get a consistent feed grade into the concentrator downstream.
For miners, controlling these sources of variability is ultimately the key to improving throughput and metal recovery.
Vertically integrated digital solutions are only scratching the surface of what’s possible. As this example also shows, mining companies in South Africa are actively embracing these solutions, and in doing so, are at the forefront of transforming themselves into fully fledged digital mines.
Embracing transformation
To take full advantage of the promise of the Industrial Internet, mining companies must develop an overall strategy that includes a full assessment of the continuously evolving ecosystem of solutions that will help them reach their goals.
It can seem like a daunting prospect, but by working with knowledgeable and experienced partners, the digital transformation process can be manageable and affordable to deliver exponential cost saving and productivity benefits.
At Wabtec we’ve learned that in order to make the transition to a digital mine, operators require support in multiple capacities. One of the ways we’ve been successful in assisting mining operators is by leveraging robust monitoring capabilities around the globe to better understand their operations.
Working from high-tech hubs around the world, we can monitor customer operators’ assets and operations with sophisticated software. When the software flags anomalies that require action, we work with our mining customers to drive the required action.
We also monitor ongoing processes on behalf of customer operators. This means, for example, that Wabtec’s Digital Mine can make sure control loops are finely tuned to optimizing ore grade recovery as a collective mine site.
As a result, operators are able to advance from being completely reactive to being on the front foot of taking a proactive stance and defining how they want to work based on data-based decisions.
The change management aspects of this process should not be underestimated. But in our experience, it’s eminently achievable and ultimately rewarding.
Those in the mining industry who embrace this need for industrial transformation sooner will have a distinct advantage over competitors who choose to delay their journey to modernisation and digitisation.
Kevin Shikoluk is Global Strategic Product & Marketing Leader, Digital Mine at Wabtec Corporation
E-Business
Hisense Electronics Unveils Flagship Showroom in Abuja
By Fabian Tarpael, Abuja
Hisense electronics unveiled a flagship showroom in Abuja over the weekend. Speaking at the event, Mr. Mustapha Khries, the Abuja Branch Manager of the Fouani Group, highlighted the significance of the flagship store, describing it as the first of its kind in the entire West African region.
He also addressed the challenges facing businesses in Nigeria, particularly the high exchange rates and transportation costs.
“The Fouani Group remains resilient and ready to overcome challenges, unlike others who often exit the market when faced with similar issues.”
Ms. Haifa Du, Senior Sales Manager for Hisense Electronics, emphasized the brand’s commitment to affordability and innovation, stating that Hisense offers the most cost-effective and advanced solutions in the market.
The event underscored Hisense’s dedication to technological innovation and sustainability while reaffirming its leadership position in the consumer electronics market.
Mr. Robbin Wei, Senior Sales Manager of Hisense Group, supported by Mr. Greg and Ms. Haifa Du, showcased various innovative products from the new flagship store.
Among the standout products showcased include; The Hisense 110″ Smart Ultra AMOLED TV, featuring unique capabilities such as a solar-powered remote control and a “locate remote” function to find misplaced remotes easily.
E-Business
PalmPay, Jumia Partner to Launch Integration for Shoppers in Nigeria
PalmPay, Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria.
This partnership underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and grow the use of the cashless economy.
WIth PalmPay now available as a payment method, shoppers on Jumia will now be able to pay for their purchases with the option to check out with their PalmPay wallet, ensuring a seamless user experience and transaction reliability through the direct integration.
“We are proud to partner with Jumia as we bring together the best of fintech and e-commerce to redefine the online shopping experience,” said Sofia Zab, Chief Marketing Officer, PalmPay. “This strategic alliance aligns perfectly with our shared commitment to delivering a superior user experience and exceptional value to our customers.”
Speaking on the partnership, Sunil Natraj, CEO, Jumia Nigeria added: “At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience.
“This partnership with PalmPay strengthens our commitment to enhancing the digital payments within our platform. By integrating PalmPay, we are providing more options for customers to access affordable and quality goods with the convenience of cashless transactions.”
This alliance marks the beginning of a long-term collaboration between two industry giants, aiming to drive innovation, increase convenience for consumers, and foster the adoption of digital payments across Africa.
To celebrate the launch of the partnership, PalmPay and Jumia are launching a special Christmas campaign, running from December 11th to 30th. During this period, customers who make purchases on Jumia using the PalmPay payment method will stand a chance to win exciting cash rewards. More details can be found on the brands’ respective social media pages. @palmpay_ng and @JumiaNigeria.
E-Business
Aero Contractors Launches “12 Days of Christmas” Campaign
Aero Contractors is thrilled to announce the launch of its “12 Days of Christmas” campaign, a festive and engaging social media initiative designed to spread holiday cheer and reward loyal customers.
Running from December 13 to December 24, 2024, this exciting campaign underscores Aero Contractors’ commitment to connecting families, friends, and communities during the holidays.
The “12 Days of Christmas” campaign invites travel enthusiasts, loyal customers, and holiday travelers to participate in fun and interactive activities on Aero Contractors’ social media platforms, including Instagram, Facebook, and X (formerly Twitter). Each day will feature engaging posts such as trivia, puzzles, and challenges designed to ignite the festive spirit and encourage community participation.
Participants are encouraged to follow Aero Contractors’ social media pages, engage with the daily posts by liking, commenting, or sharing, and follow the specific instructions for each day’s activity.
Winners will be selected daily and announced on the respective platforms. Exciting prizes await participants, with the grand reward of a free return economy class ticket—a perfect gift for reconnecting with loved ones or exploring new destinations this holiday season.
“At Aero Contractors, we believe in the power of togetherness, especially during the holidays,” said Capt. Ado Sanusi, Managing Director of Aero Contractors.
“Our ‘12 Days of Christmas’ campaign is our way of giving back to the community that has supported us throughout the year. It’s an opportunity to engage, celebrate, and reward our customers while spreading joy and festive cheer.”
This campaign targets travel enthusiasts, loyal Aero Contractors customers, and families looking to make the most of the holiday season. Through this initiative, Aero Contractors reaffirms its dedication to safe, reliable, and efficient air travel, bringing people closer when it matters most.
Follow Aero Contractors on Instagram, Facebook, and X to join the “12 Days of Christmas” campaign. Engage daily for a chance to win a free return economy class ticket and other exciting offers.
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