GMDC posts 11% rise in Q3 net
During the third quarter, GMDC’s turnover jumped 7% to Rs384 crore
Gujarat Mineral Development Corporation (GMDC) net profit rose 11% to Rs112.46 crore for the quarter ended 31 December 2011, against Rs101.48 crore in the corresponding period a y...
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Heritage list call to block Cape York mines
In a letter to Environment Minister Tony Burke, the Wilderness Society says six proposed mines, including Rio Tinto's giant South of Embley bauxite expansion, threaten the "extraordinary natural values" of the region.
Campaigner Gavan McFadzean s...
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SC defers hearing on Niyamgiri bauxite mining
The Supreme Court of India (SC) on Monday deferred the hearing on the petition challenging cancellation of environmental clearance to Niyamgiri Bauxite Mining Project of the UK-based Vedanta's Indian arm Sterlite Industries in the state.
The apex...
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UPDATE 2-Rio Tinto moves to majority stake in Ivanhoe
Global miner Rio Tinto has raised its stake in Canada's Ivanhoe Mines, owner of Mongolia's massive Oyu Tolgoi copper-gold project, to a majority holding but said on Tuesday it had no current plans to buy more shares.
Rio, which has built its stak...
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Why UC Rusal Counts So Heavy In Russian-Guinean Relations?
In Guinea, Russia has more valuable commercial interests than in any other country on the African continent. The Russian beneficiary is United Company Rusal, one fifth of whose bauxite reserves are in Guinea. Rusal’s voyage in Guinea has started in 2002 w...
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New alert over Rio Tinto threat to Great Barrier Reef
RIO Tinto's $1.4 billion bauxite mine expansion on Cape York has become the latest flash point over the threats caused by increased shipping in the Great Barrier Reef due to the mining boom.
The federal government has been forced to reopen consid...
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No mining rush: Minister
The environment and forest minister, Mr Satru-charla Vijayaramaraju, said that government will not go ahead on the proposed bauxite-mining project in the Visakhapatnam Agency without considering the opinions of locals and environmentalists besides a prope...
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‘Exercise caution on bauxite mining'
Minister for Forests, Environment, Science and Technology Satrucharla Vijayarama Raju on Wednesday said any decision on bauxite mining in the Agency should be taken only after addressing the concerns of all stakeholders, including tribal people. The Minis...
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Vietinbank agrees mining loan
Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) will provide a VND2.1 trillion (US$100 million) loan to the Nhan Co bauxite-alumina production project in the Central Highlands province of Dak Nong.
The bank inked a credit...
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Guinea’s Bauxite Production Rises in 10 Months Through October
Bauxite production in Guinea, the world’s biggest exporter of the ore, rose 5.7 percent to 14.3 million metric tons through October, according to the country’s Finance Ministry.
Output of alumina increased 5.4 percent to 509,410 tons compared wit...
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Aluminum Ore Mining in China
China is relatively poor in bauxite ore reserves and resources, with China's total bauxite ore exploration accounting for less than 10% of the global total. With China's rapid economic development and domestic bauxite supply shortages, the Aluminum Ore Mi...
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BOSAI says on target to complete dust collector system
The management of BOSAI Minerals Group (Guyana) Inc. (BMGGI) is optimistic that the company will complete at least one of two dust collectors to be installed on kilns 13 and 14 in the bauxite plant to significantly reduce the dust emitted into the Linden ...
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Bauxite mine generates income for many
APART from being an employment provider for most people in the Northern Division, the bauxite mine in Bua also generated farming ideas for villagers.
The villagers of Nawailevu and nearby villages have embarked on vegetable farming not only for t...
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Guinea Bauxite and Cocoa Production Increased in 10 Months
Bauxite production in Guinea, the world’s biggest exporter of the ore, rose 5.7 percent to 14.3 million metric tons in the year through October, according to the country’s Finance Ministry. Cocoa also climbed.
Output of alumina increased to 509,4...
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Maoists ask legislators to oppose bauxite mining
Hyderabad: Maoists Wednesday urged legislators in Andhra Pradesh to pass a resolution opposing the proposed bauxite mining in tribal areas.
The banned Communist Party of India-Maoist has put up banners and posters and distributed pamphlets in som...
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Maoists up in arms against mining project in tribal areas
Maoists have stepped up their campaign against the proposed bauxite mining in north coastal Andhra Pradesh, with the extremists asking lawmakers to pass a resolution in the state Legislative Assembly pledging not to take up mining in the tribal areas.
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