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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Republic of Ghana has come up a long way as one of the major bauxite exporters to China since July this year. From 43,904 tonnes in July it has surged to reach 1,12,587 tonnes in October 2017, revealed data released by the General Customs Administration of China on November 24. The increase of 156...
The Pahang government still faces various problems relating to bauxite mining, despite the federal government having imposed a moratorium on the activity, Menteri Besar Adnan Yaakob told the State Assembly. Adnan said the problems included failure of bauxite mining operators to comply with the time...
The bauxite industry is likely to see improvements in its performance with the increase in world demand for aluminum, and the construction of a new mine in 2018. The construction of a mine at Bonasika next year is anticipated to benefit the industry with added productive capacity, Minister of...
Exton Cubic Group Limited’s application launched at the High Court for judicial review has been postponed to February 2018. The company wishes a renewal of bauxite mining license which was revoked by the Lands and Natural Resources Ministry. The Minister for Lands and Natural Resources John Peter...
Government of Ghana has put on table an extensive Stimulus Package for financially distressed, but economically viable and promising businesses. Establishment of the Integrated Bauxite and Aluminum Development Authority by law is one of the plans in the blueprint. The government is determined to...
IronRidge Resources Limited announced that they have discovered high-grade bauxite at its wholly owned Monogorilby bauxite project in Queensland, Australia. Vincent Mascolo, CEO of IronRidge, said: "We are very pleased with the results of the Company's ongoing mapping and sampling activity at...
Bauxite prices in four of China’s major market slid by RMB 10 per tonne on Monday, November 20 after remaining unchanged for almost a month. The average bauxite (6.0≤Al/Si＜7.0) price dropped from RMB 400 per tonne as on November 13 to RMB 390 per tonne on November 20. The declining price trends of...
Mercantile Investment which has proposed a takeover bid for Bauxite Resources so far has only 3.1 per cent of the company’s shares, a bidder statement lodged today confirmed. The company wants to acquire controlling stakes of the exploration firm with an off-market 9c-a-share cash offer for half of...
Andrew Holness, Prime Minister of Jamaica, announced a ban on mining activities in the Cockpit Country Protected Area, Jamaica. Andrew Holness made the statement in parliament on Tuesday, November 21. Holness said, “In this regard, the Mining Act and any existing mining licences will be amended to...
Argentina imported $54.7 billion worth of products in 2016. The country’s imports decreased during the last five years at an annualized rate of -6.705%, from $72.4 billion in 2011 to $54.7 billion in 2016. Argentina witnessed a fall in bauxite imports in 2016. The country’s export of bauxite is...
In an official response to Mercantile chairman Ron Brierley’s comment that “it is time to call a halt” Bauxite Resources said the statement made was “misleading.” Bauxite in its ventures has been satisfactorily successful and continues to make further strides in bauxite exploration and mining...
The Government of India said Wednesday, November 15, that it has decided to further extend the “Public Utility Service” status of the services in the aluminium and aluminium manufacturing and bauxite mining sector for a period of six months. To be effective from November 16, these services come...
The growing demand for bauxite in China is driving domestic integrated aluminium producers to explore opportunities outside China to invest in projects to extract the valuable raw material. A representative from Chalco, a unit of China's biggest state-run firm, Chinalco, said on Thursday that the...
Jamaica’s bauxite and alumina industry is on a growth trajectory. Driven by the reopening of Alpart bauxite mining and processing complex by Jiuquan Iron and Steel Company (JISCO) Limited in Nain, St. Elizabeth, the industry is growing bringing hope for the entire economy, Minister of Transport and...
Resources of bauxite in India are placed at around 3.89 billion tonnes of which the amount economically feasible for extraction is 0.656 billion tonnes. The Technology Information, Forecasting and Assessment Council (TIFAC) shared the data during a national level meeting held at Jawaharlal Nehru...
Australian Bauxite Limited has announced the finalisation of a Heads of Agreement (HoA) with technology provider Refined Ore Industries Limited (ROIL) for its ALCORE project. The project which aims at developing a bauxite beneficiation and refining technology to produce aluminium fluoride from...
This year’s Asian Mining Congress was inaugurated in Kolkata, India, on November 8. Organized by the Mining Geological and Metallurgical Institute of India (MGMI) and attended by over 800 delegates from all over the world, the event will be held till November 10. The theme of the Congress this year...
Bauxite Resources Limited has published its response to the Off-Market Proportional Takeover Offer by Mercantile Investment Company Limited. The company has said in a release that it has come to know through an announcement to the Australian Securities Exchange dated 8 November 2017 that a wholly...
