Matamec Explorations (TSXV:MAT) has announced a collaboration with Necando Solutions to leverage technology to mine data generated through research activities.
As quoted in the press release:
The goal of this initiative is to take advantage of IBM’s tool, including the cognitive technology known as Watson, to process a large volume of data and discover models that will enable the optimization of the Kipawa Rare Earths project.
Since 2015, Matamec has been working to develop innovative ways to improve and optimize mining operations as well as metallurgical processes at Kipawa. These innovation-related activities are summarized in the diagram below:
Kipawa Innovation Diagram: http://media3.marketwire.com/docs/IBMcloud.jpg
“Our work to improve the Kipawa project over the past two years has been generating a lot of data that would take researchers years to process,” explained André Gauthier, Matamec’s President and CEO. “By working with Necando to leverage the power of IBM’s artificial intelligence and data cloud platforms, we will be able to process the data to optimize all aspects of the project much more quickly and effectively.”