Two New Contracts Awarded to Techenomics
September 27, 2010
Techenomics International have recently been awarded two new contracts. One contract was won by PT Tekenomics Indonesia and the other was awarded to Techenomics Australia.
PT.Tekenomics Indonesia successfully won the tender for the KPC Sangatta Oil Analysis contract and will start services immediately.
The three year contract covers the supply of oil analysis, grease, coolant and fuel testing for the large coal mine operated by Kaltim Prima Coal in East Kalimantan, Sangatta Indonesia. At this site the company operates a large mobile fleet exceeding 100 dump trucks and associated support equipment, power station, coal process plant and ship loading facilities.
PT.Tekenomics Indonesia will relocate an existing Sangatta laboratory to the Sangatta mine site and are expected to achieve ISO17025 accreditation by the end of the 2010 calendar year. All test work reporting will be provided to KPC via the company’s revolutionary Blue Oceans software, the ultimate in condition monitoring software.
The winning of this contract will help improve the credibility, reliability and quality of service in that region for PT.Tekenomics Indonesia, further emphasizing their vision to be the best Oil Analysis provider in East Kalimantan and the dominant Oil Analysis service provider in Indonesia and ASEAN.
“ We are committed to continuously improving our services and range of test work, together with total concern with quality and the development of new customised services to meet customer requirements.” Says Chris Adsett, CEO, PT. Tekenomics Indonesia.
“PT.Tekenomics Indonesia would like to thank KPC for this opportunity to support their Sangatta operations and look forward to a long and successful business relationship” continues Mr. Adsett. Techenomics Australia was also awarded the BOOM Logistics Tender for the provision of Lubricant Analysis. BOOM logistics maintain a national presence and is Australia’s leading supplier of integrated lifting solutions operating in excess of 619 cranes with up to 500 tonne capacity across Australia.
The Tender is a two year National Wide contract that will cover 62 depots; consisting of more than 619 cranes and another two and a half thousand pieces of equipment.
For more information please visit the Techenomics News Desk
Atomic Resources completes BFS, boosts resource at Mbalawala to 251 million tonnes
September 20, 2010
Western Australia based Atomic Resources (ASX: ATQ) has completed a bankable feasibility study for a proposed open pit mine at Mbalawala, located within the Ngaka Coalfield in south-western Tanzania, with an initial reserve of 40 million tonnes.
The BFS was based on these parameters:
- Conventional open cast mining
- 40 Mt JORC Code compliant Proved Reserve (based on Run-of-Mine cost of US$32/t)
- Local market to supply 450MW power plant
- Capital cost of US$205M
- Tanzanian Strategic Investor Status and Special Mining License
This results in a 25 year mine life at a production rate of 1.5Mt per annum with a hurdle rate of 25%. This is without the additional exploration that will be performed over the next few years.
The study indicates that there is high potential to increase the Proven Reserve component of the Measured Resource, in both open cut and underground mining areas, by continued mine development planning.
A review of the modelled coal outside of the ultimate pit design has defined a potential underground mining inventory of 40Mt tones of coal.
Atomic’s joint venture partner in Tanzania, the National Development Corporation have indicated their satisfaction with the BFS at this stage.
The Mbalawala resource has increased 18% to 251 million tonnes, with Atomic identifying an exploration target of between 160 and 320 million tonnes, and the Wave Engineering Solutions bankable feasibility study confirming the economic viability.
A surface drill program of more than 50 surface boreholes will commence later this year with the drilling programme extending into 2011.
Additional concessions over the coalfields of Liweta, Mbamba Bay and Mhukuru remain largely untested and may represent considerable upside coal potential.