Komatsu has released the new D61 EXi/PXi-24 dozer, adding to its range of intelligent control dozers. The dozer is environmentally friendly, featuring a 6.8L, 125kW, SAA6D107E-3, EPA Tier 4 Final emissions certified engine. It provides a high level of performance while reducing both fuel consumption and operating costs.
The Inaugural Mining & Engineering (M&E) Indonesia aims to deliver business opportunities for local and international suppliers, specializing in exploration, mining and minerals processing who are seeking increased share of Indonesia’s fast growing mining industry.
A moratorium on mining permits may be the mining sector’s solution for keeping its head above water on the back of weak commodity prices. Data from the Energy and Mineral Resources Ministry show that there have been 10,364 mining licenses ( IUP ) issued, 3,960 of which carry a non-clean and clear ( non-CnC ) status, leading to over-mining and oversupply and, eventually, lower commodity prices.
“….other advantages of the process; such as heightening the value of otherwise marginal deposits and increasing the output and export capacity of iron ore producers through beneficiation of their mining waste.” Brazilian company, New Steel, has developed a new dry iron ore tailings process to make mining more environmentally sustainable.
Some of the leading names in Australian mining will be attending the Queensland Mining and Engineering Exhibition (QME) in Mackay, 26th – 28thof July. New technologies and methods of production within the mining sector will be the main focus throughout the exhibition’s agenda, as well as discussion for the future of the coal mining industry globally.
The Indonesian government has transferred contract for East Ambalat's oil and gas block, previously held by Chevron, to Pertamina, Jakarta Globe reported last week. Chevron gave up the block citing rising tensions in the maritime border areas between Malaysia and Indonesia.
State-owned oil company Pertamina has signed a memorandum of understanding ( MoU ) with Saudi Aramco to upgrade the capacity of the Cilacap refinery. The project is expected to be completed within six years.
Russia’s Rosneft, and Pertamina have paved way for long term partnership in multiple fields.
The two parties signed a framework agreement on cooperation. They have agreed to perform a bankable feasibility study to finance the project of construction of the new refining and petrochemical complex Tuban in the eastern part of Java, Indonesia and establish a joint venture for the project implementation.
‘The Oil and Gas Blocks Fail To Entice Investors’article was published in The Jakarta Post on May 9. In the article, it is quoted that the failure to find a winning bidder for all of the eight oil and gas blocks put up for tender last year stemmed from “weak oil prices” and “the terms and conditions that are offered by the government”.
How to identify the correct indicators and reward system to improve safety performance. I recently was asked by a global client in the mining industry for advice on the company’s plans to introduce a new variable compensation system for employees related to safety performance.