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Monday, 07 September 15
THE MINE OF THE FUTURE WILL HAVE ONLY TWO EMPLOYEES, A MAN AND A DOG - SCOTT MCGOWAN
 "The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Scott Mcgowan, Director, Global Mining Practice Director, Wipro Ltd one of their speakers for TIM2015.
“ The mine of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment” - Scott Mcgowan
Q: In these difficult times and with fluctuating commodity prices, are the operating companies more aware of how technology can help them increase their efficiency and are they ready to take the plunge? Has the mining industry finally woken up?
A: I don’t think it’s a case of whether mining companies have “ woken up” but merely they find themselves in a situation, whereby the use of technology is no longer an option. The mining industry is currently going through its phase of “digital disruption” - a phase which most other industry sectors have either witnessed or are witnessing.
Wipro has helped a lot of companies define the Future Mode of Operation (FMO). Do you think the mines of the future will be human-less? How close are today ’s mines to that goal
However, in reality, we are a long way from un-manned mining operations. Today’s focus is around integrated operations and how we break down the historical functional silos within an operation. Tomorrow’s challenge will be about: Now that we have learnt to work together, how does the industry re-distribute the work load virtually? The fundamental change will result in the workforce transitioning from the physical act of mining to the identification of opportunities and the strategy to realize those opportunities.
Q: Do you think technology is something that the management has to be excited about rather than the end users in the operating companies? Will the C-level executives have a greater say in buying technology in the coming years?
A: It will actually be the creative tension between the management and end-users that will spur the adoption of a long term sustainable technology platform. Consumerisation of technology and the generational change of the workforce will naturally result in end-users adopting technology, however, the C-suite will need to optimize the necessary investments in line with overall business imperatives (eg ROI). As that the workforce will not have the patience to wait out the technology hype cycles which have often characterized the industry, the challenge for the adoption of new technologies will be to ensure that the investment in those technologies is planned and sustainable.
Q: Is there a drive towards defining technology standards for the mining sector? Do you think it is a necessary step to encourage faster development and healthy competition?
A: Definitely, this is one of the fundamentals of our “Digital Mining” philosophy. This has already happened to a large extent in the business or corporate systems space. The focus must be on the operational technology landscape. The “spaghetti” landscape as I call it refers to years of tactical, siloed and be spoke technical decision making. However, we find ourselves in a situation where to standardize the operational technology landscape would not have the return on investment required to justify the expenditure. Our approach is to define the technology platform standards and mandate the information model including the timeliness and frequency of capture.
Q: Give us a sneak preview of what Wipro is talking about “Digital Mining” at the Technology and Innovation in Mining 2015 summit in Toronto
A: The Mining industry continues to operate in the face of fluctuating commodity prices, shortage of skilled labor, high input costs, the ongoing need to provide safe working conditions and onerous statutory reporting. In parallel, new technologies are available to address these challenges, and to help organizations innovate and become more efficient.
At Wipro, we call this new operating model as ‘Digital Mining’, which values the role of technology. We define a new set of capabilities within your organization to successfully implement technology, and align and integrate it with the entire value chain. Our solutions help you eliminate waste and maximize shareholder value from your existing resources.
Digital Mining is not a tangible end state, but a journey that can be objectively measured against a defined set of characteristics or the Digital Mining Maturity Model:
- Standardization
- Centralization
- Automation
- Visualization
- Mobilization
- Virtualization
Scott Mcgowan, Director, Global Mining Practice Director, Wipro Ltd was interviewed by the Technology and Innovation in Mining 2015 Production Team at Information Exchange Group
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Wednesday, 23 September 15
INDONESIA: NEW REGULATION APPLIES FINAL INCOME TAX TO MINERAL AND COAL SALES - FLORENCE GRACIA SANTOSO
To increase state revenue from the mining sector, the Government of Indonesia has imposed a new final income tax on any sale of mineral and coal, a ...
Tuesday, 22 September 15
1Q16 FOB INDONESIA COAL SWAP DECLINED 6.49 PER CENT M-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week.
The 4Q swap declined $ 2.29 (-5.42%) per t ...
Tuesday, 22 September 15
FOB RICHARDS BAY COAL SWAPS FALL CONTINUES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month.
The 4Q swap was down US$ ...
Monday, 21 September 15
Q4' 15 FOB NEWCASTLE COAL SWAP CLOSED HIGHER THAN Q2' 16 SWAP
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery increased $0.43 per ton (1.01%) month over month to US$ 42.95 per ton. The ...
Monday, 21 September 15
CFR SOUTH CHINA COAL SWAP GAINED WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 0.45 (0.90 %) per ton month over month.
A commodit ...
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- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Planning Commission, India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
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