The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
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As said by state-run Mines & Geology Division in Jamaica, Noranda’s mining operations have not been affected by the expansion of the protected areas of the Cockpit Country. Noranda’s mining licence covers some mining lands that are now a part of the redrawn Cockpit Country boundaries, the agency...
China imported 61.44 million tonnes of bauxite in the first eleven months of 2017, up 30.55 per cent year-on year. In November, the country’s import of bauxite increased 13.89 per cent year-on year to 5.8 million tonnes. Nov YoY (%) Jan-Nov YoY (%) Data Source: Shanghai Metals Market Guinea’s...
India’s Ministry of Mines informed Parliament today that bauxite production in the country has dropped by almost 73 per cent to 7,269 thousand tonnes (7.26 million tonnes) in financial year 2016-17. The sharp drop in production from 27,146 thousand tonnes (27.1 million tonnes) in FY 2015-16 can be...
Nalco CMD TK Chand said that the company will dedicate three major projects to the nation on its foundation day celebration on 5th January. The three projects include South Block Bauxite Mines, Panchpatmali, Odisha, 18.5 MW Turbo Generator at Alumina Refinery, Damanjodi and Nano Technology based...
Metallica Minerals Limited today announced that it has received the mining lease for the Urquhart Bauxite Project from the Queensland Department of Natural Resources and Mines. The company is now awaiting a separate approval for construction of the haul road linking the project to established port...
The Securities and Exchange Commission (SEC) green lighted the merger of Marcventures Holdings Incorporated with two mining firms: Brightgreen Resources Holdings Incorporated (BHI) and Asia Pilot Mining Philippines Corporation (APMPC). Marcventures will become the surviving entity. The listed firm...
Several improvements will be implemented to streamline the transportation of bauxite for export after the stockpile seizure order was withdrawn by the Malaysian Anti-Corruption Commission (MACC). The Natural Resources and Environment Ministry said these improvements encompassed a more detailed...
Guinea's government has approved a more than $2.8 billion investment by Chinese company TBEA Co Ltd in a new bauxite mine, an aluminium refinery and an aluminium smelter, the mines ministry said on Friday. Guinea has about a third of the world's bauxite reserves but output has lagged, largely due...
Gerakan Hentikan Pencemaran Bauksit (Geram) chairman Ali Akhbar Othman said recently in Pahang that Malaysian Anti-Corruption Commission (MACC) must first finalise the proper standard operating procedures (SOP) before deciding on the withdrawal of moratorium on bauxite mining. MACC’s recent...
On 15 December 2017, Bauxite Resources Ltd announced a proposal to make a capital return of 5 cents per share, subject to shareholders approval. The board is currently reviewing its capital management initiatives, a press release from the company says. According to the press brief, the Company...
Identification of new bauxite mining sites is on in Jamaica for licensing to the operators of Noranda Jamaica. The new bauxite mines will replace the now denied sites to the company which lies within the Cockpit Country’s protected boundaries. "We are advised that the commissioner of mines and...
According to a State Government official, Chhattisgarh Mineral Development Corporation Ltd. (CMDC) has sought 99.35 hectares of forest land diversion in Chhattisgarh to develop bauxite mining. CMDC aims to search major and minor minerals and precious stones and seek mining rights for exploration...
The Malaysian government has prolonged the period of moratorium on bauxite mining in Pahang for another six months till June 30 next year, which was supposed to expire on December 31. Natural Resources and Environment Ministry said in a statement that the cabinet has decided to extend the ban on...
Philippines Chamber of Mines is set to implement a set of sustainability standards developed by the Mining Association of Canada (MAC). Launched in 2004, the standards named ‘Towards Sustainable Mining’ (TSM) requires companies operating in various mining sectors to assess the performance of their...
The Malaysian Anti-Corruption Commission (MACC) has decided to withdraw seizure order on 10 million tonnes of bauxite stockpile in Pahang. The decision was made following the Natural Resources and Environment Ministry (NRE), Department of Minerals and Geoscience and the state government agreed to...
Metro Mining Limited signed a non-binding Memorandum of Understanding regarding a bauxite offtake agreement with the Chinese State-owned Enterprise, SPIC Aluminium and Electric Power Investment Co. Ltd. Metro will supply 6.5 million tonnes of bauxite over a period of four years from May 2018. Metro...
According to the latest USGS release on Bauxite and Alumina in the Third Quarter 2017 , imports of crude and dried bauxite by the U.S. in Q3 2017 were 914,000 tonnes, 13% more than the revised total of 812,000 tonnes in the second quarter of 2017. However, on a YoY basis, import of bauxite drops...
Bauxite Resources Limited advises that it has today lodged its Target’s Statement in relation to the Bidder’s Statement for the Off Market Cash Offer from Mercantile OFM Pty Ltd. Mercantile OFM has made an offer of 9 cents per share for 50% of your shares in BRL. The Company’s directors engaged BDO...
