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Interlate will provide expert decision support and near real-time productivity improvement services to Newcrest's operations in Australia and Papua New Guinea.
Interlate's productivity improvement service combines mining expertise, data science and internet of things-based technology.
The company operates from a state-of-the-art Operations Intelligence Centre in Brisbane.
"We are pleased to announce our partnership with Interlate to deliver their near real-time monitoring solution for our operations," Newcrest executive general manager Lihir and Cadia Craig Jetson said.
"Remote support that leverages advanced data analytics is a key part of our operational improvement strategy — Interlate's Sentinel service is the solution we were looking for, enabling those improvements to be sustained in the future.
"Given their experience in remote monitoring, their solution provides us a ‘safe on-ramp' into this space, without closing the door on developing our own capabilities in this area internally in the future."
Interlate has a high-calibre board comprising Austmine chairman emeritus Alan Broome as chairman and former Rio Tinto executive committee members John McGagh, Doug Ritchie, and Ian Bauert as directors.
Interlate CEO David Meldrum said the company was delighted to assist Newcrest.
"Working together, Newcrest and Interlate have already discovered significant productivity improvement opportunities in Newcrest's operations, which could contribute millions of dollars in profit each year," he said.
"This value will steadily increase as Newcrest realises further gains from the real-time productivity improvement services."
In October, Newcrest signed a collaboration agreement with global IT services, consulting and business solutions firm Tata Consultancy Services to create an innovation and digital operations centre in India.
