How To Overcome Geological Data Management Challenges Faced By Mining Companies

How To Overcome Geological Data Management Challenges Faced By Mining Companies / Flout Software

Mining companies have ramped up their collection and use of geologic data dramatically over the past decade. The improvements in data collection and transmission have resulted from technological development. However, despite technological advancements, geological data management remains a problem for the mining industry.

Access to a lot of information is impressive, but only if it is used well. A Geoscience Data Management Survey found that many businesses have trouble keeping track of their geological data. We examine why this is and what can be done about it.

How Mining Companies Can Overcome Geological Data Management Challenges

1. More Tools To Manage Data

In the Geoscience Data Management Survey, 60% of respondents said their geoscientists spend more than 20% of their time on data management. Geologists struggle to do their jobs when they spend much of the day doing unskilled tasks. With the right tools and technology, data management should be more intuitive, freeing up geologists’ time to analyse and interpret geological data.

How To Overcome Geological Data Management Challenges Faced By Mining Companies / Flout Software

2. Reduce The Rigour Of Data Collection And Ad-Hoc Management

Inefficiency is the result of insufficient expertise in the management of geological data and when procedures are not followed as they should be. Mining companies have a valuable asset in their drilling data, so more work must be done to manage and protect it in databases.

3. Reduce Working In Isolation

Mining companies have always faced challenges because they work in remote locations and rely on individual geologists to collect and manage data, making it difficult for them to collaborate across teams and regions.

Technology has helped to address the cultural issue of people working alone, but it has not entirely solved the problem. Mining companies should use commercially available data management solutions to manage their data effectively.

4. Budget For Data Management

One problem with geological companies is that they do not plan for data management. Usually, there is a plan for a drilling program and resources are set aside for it, but not much thought is given to storing and analysing data. Data management needs more money and staff. Even reputable companies have shown that it’s a waste to expect a high-quality data management program without a budget.

Conclusion

If data management is simplified and made more automated through the application of modern technology. Geologists will have more time to devote to doing the work they were trained to do, which entails analysing and interpreting geological data to arrive at more well-informed decisions.

Contact us today to discuss how our software can help your geological data management.

How To Overcome Geological Data Management Challenges Faced By Mining Companies / Flout Software

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