News

Minerals and Coal Reference Price in August 2019

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Energy and Mineral Resources Ministerial Decree has stipulated the August Minerals and Coal Reference Price (HMA & HBA). The coal reference price was set at USD 72.67/metric ton, rose 1 percent compared to last month (USD 71.92/MT). Reference prices for gold, copper, and nickel also increased. The price of gold last month was set at…

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Digitalization in Industries, Yes or No?

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Adopt and change before any major trends or changes.Jack Ma Over time, technology grows more sophisticated and gives impacts on various industries, includes mining, construction, and plantation. From manually operated-heavy machinery to the one which is digitally operated, like Freeport which uses MineGem (Automatic LHD) for the underground mining operations. In addition to being more…

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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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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 The extension of the permission obtained by Tanito in Januari was revoked after 6…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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WISATA TAMBANG #2

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MC Edupark, Blora, Jawa Tengah. Kabar gembira datang bagi warga Cepu, Blora Jawa Tengah dari Pusat. Pengembangan Sumber Daya Manusia Minyak dan Gas (PPSDM Migas) yang baru saja meresmikan “soft opening”  Migas Cepu Edupark (MC Edupark) 31 Maret 2019 lalu. Hadir dalam peresmian tersebut, Sekretaris Jenderal (Sekjen) Kementerian ESDM Ego Syahrial, Kepala Badan Pengembangan Sumber…

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INVENTORY MANAGEMENT

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Learning how to keep track of inventory and cash flow and creating an income statement and a balance sheet are great skills to learn for managing existing businesses. Steve Blank Management inventory merupakan salah satu aset penting bagi perusahaan. Management inventory adalah pengelolaan stok barang atau sparepart yang disimpan untuk kebutuhan tertentu. Dalam satu perusahaan…

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7 Tips to Reduce Accident in Mining

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A society must create lots of sunshine for its miners as they need the sun most! And ‘to be remembered, to be respected’ is a good sunshine; ‘safety in the mine’ is a good sunshine!Mehmet Murat ildan Working in mining is a risky business. Thousands of miners die from mining accidents each year. A little…

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