Nimba Mining Company SA has appointed Patrice L'Huillier as Director General and Djiba Diakité as Chairman of the Board of Directors, with both appointments confirmed through separate presidential decrees. The announcement was made on Friday, October 23, 2026, during a national television news broadcast. L'Huillier, a civil engineer specialising in bridges and roads, will serve as Director General for an initial three-year term, which is renewable. According to his appointment decree, he will work under a performance contract with the Ministry of Mines and Geology. The contract will establish his objectives, the methods for assessing his performance and his obligations regarding the transfer of skills to national staff. In a separate decree, Diakité, Minister Director of the Cabinet of...
Rio Tinto’s planned USD 1.9 billion investment in the Kangwinan bauxite project is expected to support more than 1,300 construction jobs in Queensland, while helping secure the long-term future of its Weipa mining operations as existing sources of production approach the end of their lives. Located on Western Cape York Peninsula, Kangwinan will add 20 million tonnes of annual bauxite production capacity, with first output targeted for 2029 and full production expected by 2032. The project will raise Weipa Operations’ annual capacity to around 44 million tonnes from current production of approximately 38 million tonnes. Construction is scheduled to ramp up in 2027. Beyond the immediate employment boost, the investment is expected to help sustain Rio Tinto’s residentially based workforce of...
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<p>As an encouraging step towards the building of a bauxite mining industry in Bua and the development of infrastructure around the project, villagers have agreed to invest in a proposed bauxite project.<br /><br />A large sum of $1.8 million is to be invested for the third bauxite mine in Bua. Members of the yavusa Maururu of Nadua Village and land owners that have rented their land for the new bauxite mine at Wainunu have agreed to invest most of the funds on the bauxite mine so that they can secure the betterment of the future generation. <br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/fiji%20bauxite.jpg" alt="News" width="512" height="173" /><br />As Yavusa head Inosi Masivava said,...
<p>As confirmed by the Chief Executive Officer of Emirates Global Aluminium (EGA) on Tuesday Nov 22, the company is processing the loading its first sample shipment of bauxite from its Guinea mine to China.<br /><br />Guinea Alumina Corporation S.A. (“GAC”) is a mining development company owned by EGA, focused on bauxite mining and an alumina export project in the Boké region of north-western Guinea. EGA is constructing a $5 billion facility which will include a bauxite mine, alumina refinery and a port to ship the bauxite. The marine facility started operationg since October.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/kalban.jpg" alt="News" width="275" height="183"...
<p>China diversified its bauxite imports sources in September this year in order to meet the rising demand from the domestic alumina industry, reported Shanghai Metals Market. In spite of shrinking imports of aluminium ore from Australia and Guinea, shipments from India, Fiji and Solomon Islands grew steadily. Annual shipments into China have accounts for an average 60 per cent of global bauxite imports since 2010, despite several major supply disruptions. <br /><br />In 2016, China's total bauxite import is estimated to reach 59.4 million metric tonnes, valued at US$ 1.9 billion. <br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/China%20bauxite%20Import_Image%201.jpg" alt="News" width="517"...
<p>According to a latest report by the Rights and Resources Initiative (RRI), a global coalition of non-profit organisations, and the Tata Institute of Social Sciences (TISS), almost 80% of land conflicts arise out of development and industrialisation processes.<br /><br />Over US $179 billion worth of projects in India gets disrupted or halted due to conflicts around land acquisition.<br /><br />According to the report, 3.2 million people are directly affected by land-related conflicts. The report has analysed 289 ongoing cases after drawing a conclusion and these projects comprise an estimated 25-40% of active and substantive land conflicts in the country.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>The Indian Mining and Machinery Exhibition organised by CII in Kolkata, India came to an end on November 19 2016. The exhibition reflected the positive growth being observed in the mining sector in India.<br /><br />Balvinder Kumar, secretary ministry of mines said on the context of the exhibition said that, the Indian mining sector is on a growth track and the sector is expected to increase the country’s GDP by 1% in FY 17. According to the latest statistics, the country’s mining sector grew 9% last year and this year it is expected to grow at a higher rate.<br /><br />“We expect that mining sector will be able to expand the country’s GDP by 1%,” Kumar said.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right:...
<p>India has a total bauxite resource of 3,480 million tons( according to UNFC system) which includes 593 million tonnes reserves and 2,887 million tonnes remaining resources. By grades, about 84% resources are of metallurgical grade. Odisha alone accounts for 52% of country's resources of bauxite followed by Andhra Pradesh (18%), Gujarat (7%).</p> <p>The last reported production of bauxite in India stood at 21.6 million tons in 2013-14 increased by 30% as compared to previous year, due to good demand in domestic market and also from China. Odisha emerged as the leading producing state accounting for about 35% of the total production. Next in the order of production is Gujarat (32%).</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>The state government of Odisha had taken up the issue of working out local bauxite supplies for Vedanta’s loss-making alumina refinery at Lanjigarh where it had left in 2013. The state-run mining company Odisha Mining Corporation (OMC) had renewed attempts to start bauxite mining operations in the nearby regions, but their efforts are unlikely meet success as possibilities of them missing the March 2017 seems to be rather too high. <br /><br />This year August, when Vedanta Group chairman Anil Agarwal visited Odisha, the state government had committed to arrange bauxite from any of the mines held by OMC. The state mines minister Prafulla Mallick had also said bauxite can be arranged from OMC's Kodingamali mines. But in the wake of the present state of affairs it seems they might...
<p>Metro Mining appears to have won a prolonged takeover battle for Gulf Alumina Ltd.<br /><br />Metro launched its bid for Gulf last December. Gulf, a public unlisted company, owns the Skardon River bauxite project bisecting Metro’s Bauxite Hills’ project north of Weipa on Western Cape York. Initially Metro gained 22% of Gulf to become the company’s largest shareholder. Subsequently this holding was increased to 39%.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Metro%20Mining.jpg" alt="News" width="517" height="226" /><br />In September Perth based Moly Mines Ltd, which was suspended from trading by the ASX in April 2014, made a surprise bid for Gulf. Metro quickly...
<p>Alliance Mining Commodities (AMC), a Bermudan minerals development company has signed a merger term sheet with MHM Metals of Melbourne, Australia, reported industry sources aware of the matter. The proposed merger will be implemented by way of a scrip exchange, at an indicative merger ratio of 15% MHM and 8% AMC. The entire process is subject to MHM maintaining net assets of no less than A$7-million at the time of signing the transaction documentation.<br /><br />AMC, which owns a 90 per cent interest in the Koumbia bauxite project, in Guinea, is known for its capabilities in developing bulk commodity and infrastructure projects.<br /><br />The proposed merger will provide MHM with the opportunity to leverage upon the mineral company's world-class project thereby helping it to create a...
<p>Noranda Jamaica Bauxite officially changed the ownership of its operations in a “seamless” transfer, announced Jamaica Minister of Finance and the Public Service, Audley Shaw. <br /><br />Noranda Aluminum Holding Corporation, the holding company of Noranda Jamaica Bauxite, received the court approval for sale of its operations to DADA Holdings LLC, under its affiliate, New Day Aluminum LLC. The purchase was sealed at a price of $24.4 million.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Noranda(3).jpg" alt="News" width="517" height="226" /><br />The Government of Jamaica partially owns the company which presently employs 800 plus employees and has a per annum capacity of...
<p>Moly Mines, one of the most talked about companies on the ASX (for all the wrong reasons though) is reportedly fighting a US$53 million+ battle with Metro Mining for the acquisition of Gulf Alumina's Queensland bauxite operations ownership. Every stakeholder linked to the matter is known to be waiting anxiously for the Gulf Alumina board to come up with its decision on the same; The board is currently reviewing the bid offers made by both the companies. <br /><br />Last week, Moly Mines submitted a revised bid whereby it offered 63c a share in cash or 46c cash plus 1.14 shares in Moly. But the cash consideration is limited to $42 million, which means the cash component would drop to just 46c a share if all Gulf Alumina shareholders accepted the all-cash bid. <br /><br />Moly Mines, in...
<p>CBIX was up 2.7% (US$1.3/dmt) on the back of high Value-in-Use (ViU) cargos from Australia and Brazil and the absence of any lower ViU cargos (e.g. from Malaysia) to counter-balance. Although Malaysian prices remain unchanged (US$27.5/dmt FOB un-washed and US$39.5/dmt FOB washed), an increase in exports over the remainder of 2016 is likely, as two more mining companies have cleared all approval hurdles to re-commence clearing their stockpiles. This increase is potentially tempered by the rainy season, with December historically the wettest month.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Bauxite%2014.png" alt="News" width="517" height="226" /><br /><br />Domestic alumina prices...
<p>The global Bauxite resources are estimated to be 55 to 75 billion tons. Currently the total reported mine production from 27 countries stands at 245 million tons. The leading f bauxite producing countries are Australia, China, Brazil, Guinea, India, and Jamaica. These countries accounted for 87% of total world production; Australia, China, and Brazil together accounted for 69% of the world’s production. Though Indonesia was the second-leading bauxite-producing country in 2013 supplying about 20% of world production, after the mining export ban imposed in 2014, the bauxite production in Indonesia dropped to 1% of the world total. Company wise the top bauxite mining companies based on their mining reserve and current capacity and production in the world are:</p>...
<p>The 13th International Mining & Machinery Exhibition will be held at Eco Park, Kolkata in India during November 16-19, 2016. Organized by the Confederation of Indian Industry (CII) and supported by Coal India Limited, Ministry of Coal, Ministry of Mines, and Ministry of Steel, the Global Association of the Exhibition Industry (UFI) certified event will play host to a number of premiere mining and machinery companies from around the globe. <br /><br />IMME 2016 will see more than 400 exhibitors displaying their mining and machining solutions for various ferrous and non-ferrous mineral industries including bauxite mining in a 100,000 sq.m. display area. There will be separate country pavilions from Australia, Canada, China, Germany, Indonesia, Italy, Poland, Russia, and the UK. The...
<p>Metro Mining Limited has announced the presentation of a highly conditional proposal by Moly Mines Limited regarding acquisition of all the shares of Gulf Alumina Limited. The company said it is pinning hopes on the Gulf Board of Directors' decision on the new proposal who they learnt to be considering whether Moly's proposal, which remains conditional on FIRB and ASX approval and hence uncertain- matches or is superior to Metro's offer- a fully funded one, dated October 28, 2016.<br /><br />Moly has been suspended from trading on ASX since 2014, and its holding company Sichuan Hanlong has had come under scanner multiple times due to its alleged involvement in controversies in Australia and China.<br /><br />Now, all eyes are focused on the board of Gulf Alumina as it considers offers...
<p>The demand for quality Australian bauxite is on the rise. Globally, vertically integrated aluminium companies are looking at Australia-wide opportunities to tap their bauxite reserves either by starting mining operations there in the country or by sourcing the ore through imports. There are other countries like Malaysia and Ghana which by virtue of their rich bauxite reserves occupy important positions in the international bauxite market, but Australia has been giving them a tough competition as an emerging bauxite supplier for a while now. <br /><br />During January to July period of the current financial year, Australia shipped a total volume of 13.25 million metric tonnes (mt) of bauxite in comparison to 11.7 million mt recorded in the corresponding period of previous financial...
<p>Iran is stepping up its initiatives to procure bauxite for its domestic aluminium industry. In a bid to boost the country's aluminium production, the Persian Gulf country is mulling options to secure bauxite supplies from Australia as its Guinea bauxite project remains held up as of now. <br /><br />"We need bauxite because we don't have enough in Iran. If we want to reach our goal, we should buy bauxite," said A. Asgharzadeh, exploration manager at Iranian Mines & Mining Industries Development & Renovation (IMIDRO), a state-owned holding company active in the mining sector.<br /><br />Iran has been planning significant investments in developing its own bauxite reserves and processing operations but is not coming across sufficient deposits to meet its aluminium capacity...
<p>India’s State-run mining company Odisha Mining Corporation (OMC) has renewed attempts to start bauxite mining operations in the ecologically fragile Niyamgiri Hills, reported sources aware of the matter. The company’s earlier attempts in this regard were turned futile by the opposition put up by local tribals in 2013. <br /><br />OMC is known to be gearing up to approach the National Green Tribunal (NGT) with a fresh plea. It has already got a go-ahead from the Odisha state government. <br /><br />"We have allowed OMC to approach the NGT on Niyamgiri bauxite mining. But before approaching the tribunal, OMC has to seek approval from the sub-divisional committees in Rayagada and Kalahandi districts where the gram sabhas in 12 villages had voted against the mining...
