Workers at Indonesia’s Grasberg gold and copper mine operated by the local unit of Freeport-McMoRan Inc extended a protest into a second day on Tuesday as they demanded an easing of a coronavirus lockdown.
The development of two metal smelters by gold and copper mining firm PT Freeport Indonesia (PTFI) has fallen well behind schedule because of the pandemic-related lockdowns. The company expects them to come onstream one year late.
Advantage PressurePro has added new functionality and management features to its tire pressure monitoring solution with the new PressurePro Pulse display.
Many Mining, Transportation Industries, and Oil & Gas employees, in particular the large mining machine operators, have been working 12 hour shifts back to back for the last 6 months during the Covid-19 pandemec.
Anglo-Australian firm signaled a transition away from the intensely polluting thermal coal market on Tuesday. Mining giant BHP said profits fell four percent in the year ending in June, as the Anglo-Australian firm signaled a transition away from the intensely polluting thermal coal market on Tuesday. The company reported annual net profit of just under US$8 billion, versus $8.3 billion in the year before.
Operations have resumed at the world's biggest gold mine in Indonesia, the company that runs it said Saturday, after workers blocked access to the site in protest at being stopped from visiting their families over virus concerns. The miners at the Grasberg complex in the country's easternmost Papua region reached an agreement with the US-based operator Freeport, which said it would resume bus services for workers to return home.
Gold and copper miner PT Freeport Indonesia has agreed to meet the demands of its employees at the Grasberg complex in Tembagapura, Papua, after more than 1,000 workers blocked access to the world’s biggest gold mine.
BHP announced robust earnings and free cash flow generation despite the ongoing COVID-19 pandemic for the financial year ended 30 June 2020. Attributable profit of US$8.0 billion and underlying attributable profit of US$9.1 billion were broadly in line with the prior year.
SNC Technologies announced a real-time driver Fatigue Monitoring MineLink addon option for its MineLink Fleet Management System (MFMS). The fatigue monitoring system called MineSafeDrive uses advanced face recognition software to identify signs of dangerous driver fatigue.
Mining players are optimistic the central government’s take over of environmental licensing and management authorities in the natural resources sector from regional and local administrations will lead to a reduction in bureaucratic red tape and weed out companies with bad records by tightening the selection process.
President Joko “Jokowi” Widodo has reaffirmed that Indonesia’s future natural resources policy will focus on “massive downstreaming” to produce higher-value products.