kelly morstad managing principal business strategy and development 3d interactive inc
TRANSCRIPT
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Merging Simulation and Realityin Mining
Kelly MorstadManaging Principal
Business Strategy and Development3D Interactive Inc.
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Operational Objectives of Mining
1. Price takers2. Extract more ore for the lowest possible
unit cost3. Do it safely
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The Challenges of Mining
1. Worker safety2. Massive capital investments3. Diverse locations in remote areas4. Environmental considerations5. Geopolitical
Effective deployment of human capitalis a critical leverage point
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Training Challenges
Measuring outcomes Scheduling Access to the mine Environmental variability Field level risks $$$
The Simulation Solution
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The Evolution of Simulation
Conventional in-cab perspective – Advanced Simulatorso Strengths
• Proven effective outcomes• Positive ROI
o Weaknesses• $500K to $25M• Not portable• Weak simulation characteristics
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cont…The Evolution of Simulation
Simulation Stationso Strengths
• Proven outcomes• Some field level variability• $25K to $100K
o Weaknesses• Weak simulation characteristics
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cont…The Evolution of Simulation
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