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Axis Capital Group Review: Miner with Big Trucks - 1 views

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    Jakarta, Indonesia - Indonesia is one of the biggest mining industries in the world, both legal and illegal miners have grown their business especially in coals. The country placed 4th in the top 10 coal producers in 2013. The Indonesian coal industry is rather fragmented with only a few big producers and many small players that own coal mines and coal mine concessions (mainly in Sumatra and Kalimantan). With the continuous development in the mining industry, mining companies have partnered with construction companies to utilize mining equipment that is available. This earthmoving and mining equipment section lists equipment that has been designed primarily to move earth and minerals in large earthmoving and mining projects. Some of this equipment finds it place in other applications, however, and the use of bulldozers and articulated trucks on road and highway projects are just a couple of examples. One area of surface mining includes giant machines such as drills, electric shovels and giant draglines, some of which have buckets that are capable of moving 160 cubic yards of material in one scoop. Although somewhat smaller than the electric shovel or especially the giant dragline, the mass excavator also fits here, which is basically a large version of the excavator that is used more for mass excavation than for more limited exaction or trenching. Underground mining equipment is aimed at moving material in a very headroom and space environment. You will notice similarities with some of the surface mining equipment as well as some very specialized pieces developed specifically for the underground mining application. All of this equipment is used with extra warning and precaution. Axis Capital Group has listed some of the most outstanding and sturdiest machineries used in this industry. Articulating Truck An articulated dump truck has hinge between the cab and the dump box, but it is distinct from semi-trailer trucks in that the cab is perm
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Axis Capital Group joins Mining Expo 2015 - 1 views

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    Axis Capital Group gets its plate full this year with heaps of events to attend to. Before attending in the Concrete Show South East Asia which will be held on the last week of October, Axis will first attend the 17th International Mining and Mineral Recovery exhibition and Conference on the 9th - 17th of September, 2015 at Kamayoran in Jakarta, Indonesia. Ever since the event's launched in 1998, International Mining Expo has been the only trade event that has all the major suppliers and potential customers in one venue. This show has become the key platform for established companies to promote products and equipment in the mining industry. Last year, the exhibition highlighted the huge opportunities that exist in the mining sector in Indonesia. The show comprises two specific trade exhibitions: Mining and Construction Indonesia which has combined total of 26,000 attendees. With 19, 737 industry professionals, 787 exhibitors, 43 countries, 3 international group pavilion participants and 33, 428 sqm. of space, it is truly an affair to look forward to. Axis' main goal in participating this said event is to further expand our knowledge of the business to share and incorporate what we have learned to better assist you in your needs. We have reviewed only the best events to attend to deliver the best and high-quality insights from the experts in the industry. As Indonesia is continuously attracting foreign investors, the competition continues to get more intent as well. Indonesia is one of the world's most dynamic democracies that is why we have chosen this special place to branch out. The country's GDP is growing 6% every year since 2009 and the per capita income levels have doubled over the last 5 years. Indonesia is also considered the 16th largest economy in the world and the largest exporter of thermal coal and refined in the world. 17.3% of Indonesia's vast natural resources including petroleum, gas, tin, nickel, copper, coal,
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Global Mining Predications - 1 views

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    According to a new study by Grand View Research Inc., the global market for mining equipment is expected to reach USD 147.69 billion by 2020. Growth in mining activities such as drilling and earth moving is expected to boost demand for shredders, loaders and crushers among other mining equipment. Increasing demand for fertilizer minerals is also expected to favorably impact market demand over the forecast period. Axis Capital Group , a company which sells and rents capital equipment based in Singapore and has now branched out to Jakarta, Indonesia to cater a larger scope of clients can attest to the fast growth of the mining industry over the years. Mining operations rely on major mineral production regions such as North America, Australia, South Africa, etc. Water scarcity and dry spells in these regions has resulted in growing demand for effective mining solutions. Technologically advanced mining solutions are also estimated to witness growing adoption due to the need for robust hardware in mining locations. However, mining equipments produce harmful gases including carbon monoxide and sulfur oxides, which adversely affect the environment. This is expected to be curbed by the development of hybridization applications in the coming years. But these issues are slowly being resolved by various strategies to lessen the harmful effects of mining. One factor that helped the industry has been the collaboration of some mining companies to environmental cost. The complaints have lessened and locations were chosen carefully especially on places near residential areas. Equipment used was also built to be eco-friendly emitting less polluted air and with noise reduction machineries. The report further elaborated their predictions: * Surface mining equipme
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Axis Capital Group Construction Updates - 1 views

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    Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore, reviews and brings you updates on the current status of the construction industry in Asia. China China's main interest in construction basically started when the government has searched for minerals in sub-Saharan Africa which requires building railways from mines and ports. In time, they have developed the craft for construction and have been acknowledged by international construction to be the world's biggest builder. China's construction is commended for finishing projects on time. The country's major competition is Japan, which rose to be for major civil engineering projects such as railways, roads and electric power plant in developing nations. Meanwhile, China announced that same month the launch of the Asian Infrastructure Investment Bank by the end of 2015, involving 20 Southeast Asian and Middle Eastern countries. Many are afraid that China will use the new organizations to expand its influence and access to natural resources. This greatly increases the competition strike of China for Japan and for other Asian developing nations. Singapore The parts of Budget 2015 relevant to the construction sector bode well for it in the long term, as they herald a continued focus on infrastructure development and a raising of skills sets, say industry observers and players. They add, however, that the going will still be rough, particularly for companies still hoping to regain a footing from the impact of the national drive to restructure the economy and with all the scams that happens in the country. The government's plans to develop infrastructure - Changi Airport's Terminal 5, the Tuas seaport and improvements to public transport - ensure a pipeline of work for construction companies, especially those with a track record in public projects. Vietnam The Vietnam government is set to invest US$12.2 billion or VND193.6 trillion in c
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