amtissinfo

Coal Prices Rose Slightly in July 2019

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In mid-July 2019, there was an increase in power plant consumption in China since summer which pushed up the use of electricity for air conditioners. It led to an increase in coal prices reaching USD 75,95/metric ton (7/19). However, restrictions on import quotas applied in China since 2017 limits the rose in coal prices. So,…

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Gold Mine in Bukit Prabu Is Going To Be Closed

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The ban on illegal mining activities which is operating in Prabu, Pujut District, Central Lombok Regency has actually been issued since 2010 by HL Wiratmaja, the Central Lombok Regent then. Last year, regent HM Suhaili FT also planned to close the mine site. After reviewing the location on July 22, the Governor of NTB-Zulkiflimansyah claimed,…

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Top 10 – Metals & Mining Companies by Revenue

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The world’s biggest revenue-generating companies are mostly based in Asia and Europe, especially companies dealing with copper, iron ore, and coal. Here are TOP 10 Metal and Mining Companies by revenue in 2018. Glencore Plc ($219.75bn)Glencore is a Switzerland-based diversified natural resources company specializes in metals, minerals, energy products, and agricultural products. The energy products…

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Maintenance Tips for Heavy Machinery

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Heavy machinery is an important asset of mining, construction, and agriculture industries. As we all know, every piece of machinery is expensive. That’s why the company needs to maintain and manage the asset carefully and well to ensure optimal performance while reducing unexpected costs. Here are some maintenance tips for heavy machinery by amtiss :…

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Tanito License Revoked, 7 PKP2B Get More Anxious

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Indonesia – 18 Juli 2019 Tanito Harum, one of the giant mining companies in Indonesia has stopped operating a few days ago due to the revision of PP 23 of 2010 concerning the operation period of the black gold (coal) mine. The extension of the permission obtained by Tanito in Januari was revoked after 6…

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MBAP’s Solution to Face Declining Coal Prices

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Do not blame the world. Find a solutionSri Chinmoy source : MBAP Mitrabara Adiperdana (MBAP), part of Baramulti Group which is engaged in coal mining, has produced 50% of annual target: 2 million tons of coal in the first semester of 2019. The high-quality coal is mined from Malinau mine site, North Kalimantan. source :…

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Ombilin Sawahlunto – The Historical Coal Mine listed as UNESCO World Heritage

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Ombilin Sawahlunto coal mine owned by PT Bukit Asam Tbk has been listed as UNESCO world heritage on July 6, 2019. It was decided during the 43rd session of the UNESCO World Heritage Committee in Baku, Azerbaijan. The closed coal mine has been changed into an educational and tourist destination, namely The Ombilin Coal Mine…

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Good Asset Management and Maintenance Reduce Company Losses

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Any sufficiently advanced technology is equivalent to magic.Sir Arthur C Clarke All industry have risk management, especially mining industry which has many concerns such as worker safety, strict regulations, the reliance on technology, inconsistent raw materials demand, high commodity prices, and bad asset management. With all those potential risks, the mining industry must have a…

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ARE YOU READY FOR DIGITIZING IN MINING?

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Mining has been known for a long time starting from stone mining in the days of Ancient Egypt and Greece. Since the industrial era, human needs for mining materials such as the use of cellphones, watches, jewelry, and other products have increased along with the increasing human population in the world. Thus, the mining industry…

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Differences Between Enterprise Asset Management (EAM) and Computerized Maintenance and Management System (CMMS)

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There is a common perception that Enterprise Asset Management solution (EAM) is more a financial application, while Computerized Maintenance and Management System (CMMS) is more an operational application, since it tracks repairs, parts, costs of parts and maintenance at the equipment level. But it is too simplified and a bit misleading. The fact is both solutions track the financial…

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