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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Fiji National University has launched a Certificate IV in Geology, Mining and Quarrying Programme. The programme would meet the needs of the mining and quarrying industry in Fiji. While addressing the graduates of Fiji National University's College of Engineering, Science and Technology, Faiyaz...
Romania’s imports of commodities increased during the last five years. The country bought US$ 74.4 billion worth of goods around the world in 2016, making it the 32nd largest importer in the world. Bauxite represents 1.4 per cent of the total imports of the country. Looking at the previous year,...
Bauxite Resources said that they set aside $10.7-million of its cash to reward shareholders with a capital return of 5c a share. This came as a counter move to thwart a takeover bid from Mercantile Investment Company. In November, Mercantile has announced an off-market takeover bid for Bauxite...
Mercantile OFM Pty Limited, a Melbourne based investment company has announced that further to the bidding announcements made in November 2017 by them for Bauxite Resources Ltd, they have completed sending its bidder’s statement, offers and supplementary bidder’s statement to shareholders of...
Guinea will be allowed $650 million in non-concessional borrowing under a new three-year International Monetary Fund (IMF) programme, allowing it to boost spending on infrastructure projects, the finance minister said on Tuesday. The IMF is itself lending Guinea - Africa’s top producer of the...
Alliance Miniere Responsable (AMR), Paris-based company developing bauxite project in the Boké region of Guinea, announced on Tuesday that the company began production at its Guinean bauxite mine. AMR is expected to increase bauxite production to 10 million tonnes per annum in the next two years....
Rio Tinto has launched a recruitment drive for more than 100 workers at its bauxite mines in Far North Queensland. The new roles available across Rio Tinto’s operations at Weipa including existing mines at Andoom and East Weipa and the new Amrun mine located south of the Embley River between Weipa...
Leading bauxite producer, Australian Bauxite Limited reported progress on the ALCORE project as per schedule announced to the Australian Stock Exchange on November 13, 2017. The project aims at developing bauxite beneficiation and refining technology that will be used to produce Aluminium Fluoride...
Sunday was a proud day for Aboriginal people in Australia's Northern Territory, with the opening of a new bauxite mine. At a ceremony marking the official mine opening, Gumatj leader Galarrwuy Yunupingu poured a handful of bauxite into the hands of two Rio Tinto (LON:RIO) workers, Sky News reported...
The African Development Bank (AfDB) is providing $100 million loan to support bauxite mine construction in northwest Guinea. AfDB said in a statement on Saturday that Guinea Alumina Corporation will operate the new bauxite mine with an annual production capacity of 12 million tonnes. Guinea Alumina...
Emirates Global Aluminium (EGA), the largest aluminium conglomerate in the Middle East has signed a long-term port facility agreement with Abu Dhabi Ports to import bauxite for its under-construction Al Taweelah alumina refinery. Khalifa Port sets to become the first port in the Middle East to...
Bauxite exports from Jamaica is about to end the year 2017 in a drop. Totalling at 1.54 million tonnes during July-November (till date), the volume stands shrunk by 16 per cent from the year-ago period. This explains to a certain extent why the Jamaican government has stepped up its initiatives to...
Sierra Leone exported $465 million of goods around the globe in 2016. The country’s primary mineral resources are diamonds, rutile, bauxite, gold and others. Bauxite exports by Sierra Leone have been rising over the last three years. Sierra Minerals, part of the international industrial and...
China’s domestic bauxite consumption declined 2.51 per cent in the month of November. According to news published by Shanghai Metals Market, domestic bauxite consumption stood at 8.15 million tonnes in November. In the first eleven months of 2017, total bauxite consumption increased 11.2 per cent...
Government of Ghana is drafting a bill to be presented to parliament for the establishment of the Integrated Bauxite and Aluminium Development Authority, according to news published by citifmonline.com. Alhaji Dr Mahamudu Bawumia, Vice President of Ghana, made the announcement at the ongoing...
Mitsui O.S.K .Lines (MOL) has signed a five year bauxite transport contract with Alufer Mining Limited. Alufer is an independent mineral exploration and development company with significant bauxite assets in the Republic of Guinea. Alufer has received all required permission from the government of...
We are nearing the end of 2017, and Malaysia’s bauxite export still continues to remain a riddle for the industry. Even after almost two years of banning bauxite mining to force illegal miners to meet environmental standards, Malaysia’s bauxite exports to one of its major markets- China have been...
An Australian exploration and mining company Metro Mining announced that all major infrastructure had reached practical completion including the Barge Loading Facility (BLF), Marine Offloading Facility, cyclone moorings, navigational aids and tidal gauge. Metro Mining Managing Director Simon...
