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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ASX-listed Mercantile Investment Company has announced its intention to make a proportional off-market takeover bid for half of fellow-listed Bauxite Resources as part of a plan to put cash back in shareholders’ pocket after a decade of “failed” exploration efforts. In a letter to Bauxite Resources...
XINFA Aurum Exploration Fiji Ltd has said that they are continuing with bauxite mining at the Naibulu bauxite mine site, despite the halt in shipment. Ministry of Lands and Mineral Resources permanent secretary Malakai Finau said mining was progressing well in the area. He added that the company...
Montenegro’s exports of commodities increased during the last three years. Bauxite is among the top export commodities of the country. Rudnici Boksita Niksic is a large mine located in the Central - Western part of Montenegro. {newsStudioGallery} The mine represents the largest bauxite reserve,...
Solomon Islands has a great potential of bauxite. The country’s production volume is estimated to reach three million tonnes in 2017. {newsStudioGallery} The country’s export of bauxite represents 90 per cent of the total exports. The top export destination of the Solomon Islands is China. China...
Metallica Minerals Limited notes that the Queensland State Government has called for an election to occur on 25 November 2017. As a consequence Caretaker Government protocols now apply. The Company has received advice that it remains possible for the Urquhart Bauxite Mining Lease to be granted...
Iran is seeking $50 billion in investment for its mining industries out to 2022 and has signed agreements with several European and Asian banks in the past few months, the country’s deputy mining minister said on Wednesday. “We are in need of $50 billion for investment in the mining and mining...
First Bauxite Corporation, a Canadian natural resources company engaged in the exploration and development of bauxite deposits in Guyana, South America, has been granted an extension to commence construction work on its Bonasika Project. The construction commencement date has now been extended to...
Anil Agarwal, the founder and Chairman of the mining and metals major Vedanta Resources Plc, said that the company is planning to invest in sectors such as oil and gas, production of aluminium, zinc, copper, silver and steel and mining of bauxite and rock phosphate. Anil Agarwal told Mint in an...
Australian Bauxite Limited (ABx) has posted quarterly report and activity statement for three months to 30 September 2017. The company registered two sales during the quarter comprising 30,000 tonnes of mixed grade blended cement-grade bauxite and 5,000 tonnes of cement grade. Fertiliser grade...
One of Guinea's largest bauxite mines will begin producing five-million tonnes per year in 2019, the mines ministry said on Thursday, boosting the West African country's efforts to treble output by 2020. Guinea has about a third of the world's bauxite reserves, which are refined and smelted to make...
Australian mineral exploration company Lindian Resources has identified and mapped three new bauxite deposits in the vicinity of its Lushoto bauxite project in Tanzania. The deposits spanning area sizes 2800m by 700m, 2300m by 600m and 2000m by 350m have been named as Lukozi deposit, Malibwi...
After putting up a somewhat muted show for two consecutive months- July and August, Australia's bauxite exports to China grew in September 2017. The volume increased by 63 per cent year-on-year to reach 2.83 million tonnes, higher by 369,303 tonnes from Guinea’s bauxite exports to China (2.46...
The Communist Party of India (Marxist) yesterday said that the state government did not cancel the GO no. 97 on bauxite mining. CPM district secretary K. Lokanadham condemned the announcement of AP Minister for Mines and Geology Sujay Krishna Ranga Rao for stating GOs relating to bauxite mining....
UC RUSAL, the leading global aluminium producer has announces operating results for the third quarter 2017. In Q3 2017, consolidated bauxites output of Rusal decreased by 11.3% QoQ to stand at 2,742 thousand tonnes. The Company covered alumina refineries consumption needs using the available...
The International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA) successfully concluded its 35th International Conference and Exhibition of ICSOBA that was held in the Radisson Blu hotel in Hamburg, Germany from 2 to 5 October, 2017 in cooperation with TRIMET and DADCO. ICSOBA is a...
According to the latest USGS release on Bauxite and Alumina in the Second Quarter 2017 , imports of crude and dried bauxite by the U.S. in the second quarter of 2017 were 945,000 tonnes, 20% more than those in the first quarter of 2017 that imported 790,000 metric tons of bauxite in the first...
Loading of the next two bauxite cargoes of bauxite producer, Australian Bauxite Limited (ABx) commenced at Berth 6, Bell Bay Port, Tasmania on 21st October. The ship, MV Marianna is scheduled to depart on 24th October. Ship scheduling and associated logistics in making the cargoes available have...
Vice President of Ghana Dr Mahamudu Bawumia says that Ghana has the potential to earn US$450 billion, if the country manages to processes about 900 million tonnes of its bauxite reserves. This was a part of his keynote address at “Ghana beyond Aid” Conference in Accra organised by the Embassies of...
