In December, PT MacMahon Indonesia and PT Agincourt Resources, went live with SatNetCom’s MineLink fleet management system at the Martabe Gold mine in western Sumatra. The project involved installing GPS and Wifi enabled MineLink Mobile touch screen computers on 22 dump trucks and 4 excavators.
A total of 16 concession areas (WKPs) for mineral and coal mining (Minerba), will be auctioned in 2018. Out of the 16 WKPs, 5 of them were former CoWs (KK) which contract have ended, while the rest are former mining areas of coal mining concession holders (PKP2Bs) and coal mining license permit holders (IUPs).
Indonesian coal exports are likely to rise in 2017, driven by strong Asia-Pacific demand, and could increase further in 2018 as mining firms look to boost production. But much will depend on possible Chinese policy changes that could shape demand in the coming year.
A lump of coal is scooped onto a truck bed in Australia, driven to a port, loaded on a ship, piloted across the ocean to a dock in China, piled into a train car and delivered to a power plant. And it would all happen under the watchful eyes of coal traders, if a fleet of new satellite tracking firms can deliver on ambitious promises.
The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) has said that the country's oil and gas lifting, the colloquial term for ready-to-sell production, will meet 99 percent of its total target this year.
The government will finalize its negotiations with the local unit of US-based Freeport-McMoRan in Indonesia over the massive Grasberg copper and gold mine in Papua by June, an official at the Ministry of Energy and Mineral Resources said on Thursday (11/01).
This year's projection of 485m tons of coal is a wide deviation from the country's target to reign in coal production to preserve resources and mitigate climate change. Indonesia’s medium-term development plan (RPJMN) for 2015-2019 dictates that the country produces only 406 million tons of coal.
The Government through the Ministry of Energy and Mineral Resources (ESDM) often claims that downstream policy is one of the successes of work in President Joko Widodo (Jokowi)-Vice President Jusuf Kalla (JK) administration.
Publicly listed coal miner PT Toba Bara Sejahtra has announced plans to issue medium-term notes (MTN) worth US$250 million in order to refinance its debts and further expand its businesses.