Mining is one of the worlds most important sectors These mines are utilized for a variety of purposes including the extraction of valuable materials such as gold diamonds and other minerals Unplanned downtime remains the paramount concern in the industry due to the high costs and risks of lives As a result the mining companies are prone to decreasing efficiency and profitability This is where the condition monitoring systems come into action The use of such systems in the mining industry leads to predictive maintenance which is a proactive method in preventing mining equipment failure and increasing the overall mine productivity