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The Price of the Freeport deal

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JAKARTA (Reuters) – For many Indonesians, investment banker-turned-minister Ignasius Jonan is the man who made trains run on time. Months after being handed the mining portfolio, the minister notched up a bigger victory; securing majority local ownership of Grasberg – one of the world’s biggest gold and copper mines – following months of difficult negotiations…

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7 Good reasons why your company needs Enterprise Asset Management (EAM) System

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Application of Asset Management System can have many benefits to your company, including the following: 1. Good Business Practice. Asset management results in better decisions. Aligning management of infrastructure with strategic policies and direction will support the long-term success of the utility’s mission, goals and objectives. 2. More Meaningful Financial Reporting. An asset management approach…

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Indonesia Mining Map

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Indonesia is on the west side of the “Pacific Ring of Fire”, characterized by high volcanic activity.  At one point, Magma from the Pacific Ring of Fire is thought to contain a variety of precious metals, especially gold and copper. As part of the Pacific Ring of Volcano, Indonesia also potentially has natural resources in…

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Top 10 of the Richest Mining Companies

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Let’s see which mining enterprises brought  in the biggest money. 10. Fortescue Metals Group (Australia) Primarily operates in Australia, this company is one of the biggest producers of Iron ore in the world, bringing in over than $10 billion in a single year. 9. Coal India Ltd(India) This Indian based company make up 80% of India’s…

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The Biggest Truck In The World

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There a lot of different categories of trucks, every trucking service needs specific types of trucks and because of that some of the trucks needed to become so huge that seeing them in person bring us fear. The most specific truck in the trucking industry is the dump truck or in the construction industry known…

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Do you know? What is the meaning of the different colour of safety helmet?

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Head injury accident is one kind of the major occupational accidents, particularly in the construction industry. Every year many workers injured or are even killed as a result of head injury. The main risks of head injury in the workplaces are as follows: where there is a possibility that a worker may be struck on…

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Safe operating procedures for Heavy equipment! (Part 3)

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The last part of safe operating procedures for heavy equipment is refueling & parking. It is the easy part, but sometimes this easy part is the part that most cases of accidents. Refueling Shut off and cool the engine and any electrical equipment before fueling. Ensure the fueling area is well ventilated. Do not smoke…

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Safe operating procedures for Heavy equipment! (Part 2)

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Understand and follow safe operating procedures for use of heavy equipment, to prevent injury. Machine Maintenance Ensure the cab area is clean and free of debris and tools. Clean windshield, mirrors and lights. Removal all oil, grease or mud and snow from grab irons, hand rails, steps, pedals and floor to prevent slips and falls.…

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Safe operating procedures for Heavy equipment! (Part 1)

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Improper procedures can cause injury, disability, or death. By understanding and following safe operating procedures for use of heavy equipment, we can prevent injury for yourself and your coworkers. Note : only trained and authorized operators shall be permitted to operate the equipment. Personal protective equipment is mandatory and may include the following: Boots or safety…

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Save cost by using the right lubricant for your machinery

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For mining industry in North America only, the potential savings could reach up to US$29 million from the impact of using the correct lubricant for machinery. A recent industrial research found that 96% of mining companies experiencing unplanned equipment shutdowns in the last 3 years. with half of the acknowledging this due the incorrect management…

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