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The Price of the Freeport deal

The Price of the Freeport deal

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 with U.S. giant Freeport-McMoRan Inc.

Foreign control of mines has been sore point for many Indonesians, who view it as a legacy of an authoritarian past when a ruling elite cut sweetheart deals to carve up precious resources.

The framework agreement with Freeport on […]

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

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

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 can aide a utility in complying with company requirements.

3. Improved Regulatory Compliance.
Part of asset management involves the implementation of better O&M practices, which can significantly improve compliance.

4. Improved Reliability.
More structured day-to-day attention to system assets and their condition means […]

Indonesia Mining Map

Indonesia Mining Map

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 the form of minerals. Eastern Region of Indonesia covering 68% of the territory of the Republic of Indonesia. Covering an area of nearly 1.3 million square kilometers that estimated to hold 81.2% of Indonesia’s mineral.

Minerals on Indonesia map:

There are many petroleum […]

Perusahaan tambang terbesar dan terkaya di dunia

Perusahaan tambang terbesar dan terkaya di dunia

Mau tahu daftar perusahaan tambang terkaya di dunia?

10. Fortescue Metals Group (Australia)
Memiliki tambang di Australia, ini adalah salah satu produsen biji besi di dunia yang menghasilkan 10 milyar dollar setahun.

9. Coal India Ltd(India)
Perusahaan India ini mensupply 80% produksi batu bara di India dan menghasilkan 11 milyar dollar.

8. Barrick Gold (Canada)
Mengoperasikan 3 dari tambang emas terbesar di dunia dengan pendapatan 12,5 milyar dollar.

7. Freeport (US)
Penghasil emas, tembaga & cobalt dari tambangnya di amerika utara, afrika serta tambang emas terbesar di seluruh dunia, dimana lagi kalau bukan di Papua Indonesia.

6. China Shenhua (China)
Perusahaan pelat merah ini menghasilkan 32 milyar dollar dari produksi batu baranya.

5. Anglo American (UK)
Beroperasi di Chile & Afrika […]

The Biggest Truck In The World

The Biggest Truck In The World

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 as haul truck. And this is the biggest truck that exist on the planet belong to the group of dump trucks/haul trucks.

The Caterpillar 797F
It is also worldwide ranked as the biggest truck among the biggest trucks in the world. It […]

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

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

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 his head by a falling or flying object.
where a worker may strike his head against a protruded object or may be struck by a swinging object.

To effectively reduce the risks of head injury, an appropriate type of safety helmets should be provided.
The […]

Safe operating procedures for Heavy equipment! (Part 3)

Safe operating procedures for Heavy equipment! (Part 3)

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.


Shut off and cool the engine and any electrical equipment before fueling.
Ensure the fueling area is well ventilated.
Do not smoke while refueling. Keep open flames and sparks away from area.
Do not use gasoline or diesel fuel for cleaning parts.
Know where the fire extinguishers are located.

Shut Down/Parking

Park on level ground.
When parking on a grade, position at right angles to the slope, block the wheels and set the parking brakes.
When parking, lower […]

Safe operating procedures for Heavy equipment! (Part 2)

Safe operating procedures for Heavy equipment! (Part 2)

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.
Remove or secure any loose items such as tools, chains or anything from the cab.

Work Site

Check and mark the area for underground cables, gas lines and water mains.
Know work area clearances – watch for overhead or underground objects, holes, drop offs, and partially hidden obstacles and wires.

Safe operating procedures for Heavy equipment! (Part 1)

Safe operating procedures for Heavy equipment! (Part 1)

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 shoes
Eye/face protection
Long pants
Hard helmet
Hearing protection

Pre-start/Walk around Inspection

Check for loose or worn parts and repair or replace immediately.
Check all fluid/coolant levels.
Caution: Open the radiator cap only when the engine is cooled.
Inspect hydraulic line connectors and hose for leaks before applying pressure to the system.
Use paper or cardboard, not your […]

Cara efektif menghindari kerusakan alat berat anda

Cara efektif menghindari kerusakan alat berat anda

Di wilayah Amerika bagian utara, nilai penghematan potensial dari penggunaan pelumas yang tepat mencapai 29 juta US Dollar.

Sebuah riset dari Shell menemukan bahwa 96% perusahaan tambang mengalami kerusakan mendadak peralatan berat mereka dalam 3 tahun terakhir. Setengah dari mereka mengakui hal ini disebabkan oleh pemilihan & pengelolaan pelumas yang buruk.

Saat ini industri pertambangan sedang intensif melakukan pengetatan pengeluaran perusahaan dan hanya 34% yang memanfaatkan saran dari vendor pelumas mereka untuk pengelolaan pelumas yang lebih baik. Hanya 41% yang mengelola pergantian pelumas sesuai rekomendasi dan 59% mengakui tidak melakukan maintenance pada pelumas mesin secara teratur. Ditambah lagi hanya 44% yang merasa […]