Resource Industry in the New Economy

Indian School of Mines,Alumni Association,Kolkata Chapter has decided to organise a conference on " Challenges and Opportunities of the Mining ,Processing and Oil& Gas Industry in the New Economy". It surely owes an explanation to the community of the Geo resources industry as to what is "New Economy".Let me try to clear the air a bit.Economy per se is the method of exchanges of materials and services across the population and the value realised under dynamic supply -demand relationships.Old economy features in the resources sector were paper-based trading, stepped product and money transactions, man intensive operations , human intelligence-based support .On the other hand the evolving new economy features are: paper less computerized trading (e.g. online demat accounts), seamless product and money transactions ( online credit card purchases, hotel booking etc), intelligent machine based operations ( face reader password of Lenovo,finger readers) and machine intelligence based support ( Data mining, auto generated replies ,e.g., customer service by Citi Bank).The new economy carriers serve two things of the industry better than the old economy , i.e., scale and control. Since no industry can afford to ignore the absolute truth in any economy , i.e., either grow or perish, in competitive growth ,however it runs into the risk of lack of control.Today, with diverse and large scale competition the risk can only be averted ,if at all, by better information processing and the consequent actions the features of what we will know as the backbone of the new economy.

The conference will be in the format below:
ISMAA Triad Conference on Future Challenges and Opportunities in Mining,Oil/ Gas and Processing Industry


The concept is one of unifying all the existing branches in Georesources Industry .This will encourage all the professionals and the students to join the conference.
The scheme can be:

Total: 12 technical sessions.
3 simultaneous parallel sessions.
2 advertisers / sponsor sessions
Total sessions: 14
Duration: Two days.
Topics:

Mining:
Exploration and Geo-sciences.
Mining Technology
Mineral Trade and Commerce
Social Responsibility and the Environment.
Oil/Gas:
Oil/Gas Exploration and Geo-sciences.
Oilfield Technology.
Refinery and retailing.
Environmental Protection.
Processing:

Mineral Processing Technology.
Value Addition.
Business and Trade.
Clean and Green Processing.