Advanced analytics for modern mining

Technology is growing very fast, and we are facing the Fourth Revolution in industry. Digital transformation has found its way in to many different traditional and modern industries. Digitalization and automation are two common words in mining these days. However, there are many challenges in the mining industry to reach the appropriate maturity level for Industry 4.0. Data collection systems, cloud-based storage, intelligent data architecture, creating online data hubs are some examples of digitalization challenges. Moreover, it is essential to use advanced analytics models applying artificial intelligence and machine learning models for automation, prediction, and optimization. Mine managers need an intelligent indigent virtual assistant to make better decisions and develop smart mines. This chapter some key components of intelligent mining and helps researchers understand Industry 4.0 in the mining context.