China's domestic ore prices held steady last week. In Shanxi, a limited volume of relatively lower-grade domestic ore was concluded under long-term contracts at approximately RMB 530 per tonne. In Henan, the expected increase in domestic ore output has yet to materialise, leaving the supply-demand...
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...
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<p>The Chhattisgarh Mineral Development Corporation (CMDC) is poised to start bauxite mining in Narmadapur and Barima blocks in Surguja division of the state. The bauxite mining blocks at Narmadapur and Barima blocks are spread over in areas of 47.81 hectares and 54.26 hectares, informed CMDC...
<p>The Indonesian government has come up with a revised version of a regulation on coal and mineral resources activities in the country, which is likely to mark a change in the licensing regime bringing flexibility in mineral exports. Energy and Mineral Resources Ministry secretary-general Teguh...
<p>Australian resource development company Metallica Minerals Limited has announced the successful maiden shipment of bauxite using a barge loading and transhipping facility at Hey Point near Weipa. <br /><br />Metallica plans to use the same infrastructure on the west coast of Queensland's Cape...
<p>Alcoa is betting big on bauxite as the key growth factor that would drive the company after the split, observed an analyst at Market Realist. Until now, Alcoa would consume a major percentage of bauxite that it produces for its captive alumina operations. In the financial year 2015-2016, the...
<p>According to a report from Malaysian Reserve, the moratorium on bauxite mining in Pahang may extend until 2018. Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar cites the huge stockpile for the aluminium ore as a reason for this extension. <br /><br />Despite...
<p>Rio reported record bauxite production in the third quarter resulting in a total bauxite output of 35.6 million tonnes during the first three quarters of 2016. This recorded an 11 per cent increase in YTD aluminium production than the same period of 2015. The strong bauxite sector performance...
<p>Emirates Global Aluminium (EGA) announced inauguration a container terminal at the Port of Kamsar in Guinea on Wednesday. The terminal will enable EGA to import materials for constructing a new bauxite mine for its subsidiary Guinea Alumina Corporation (GAC). On completion, the US$1 billion mine...
<p>Bauxite mining in Goa is free of uncertainties related to possible closure that is looming large over the bauxite mines in Maharashtra, assured sources in the Indian mines ministry. According to them, bauxite mines in the coastal state are located at a safe distance away from the ecologically...
<p>A bauxite miner in Indonesia will approach the government with the request to allow export of the aluminium ore and grant a yearly quota of 40 million metric tons, reported industry sources. The move would ease the country's current ban on all mineral ore exports imposed two years back. <br...
<p>CBIX eased 0.9% to close the week at US$45.4/dmt as some lower Value in Use (ViU) trades from Malaysia balanced higher ViU trades from Australia and Brazil. Prices in Malaysia have increased slightly, due to the influence of extended mining ban, with unwashed material at US$27/dmt FOB and a few...
<p>Metro Mining Limited has signed a binding off-take agreement for China’s Xinfa Group to purchase around half the Bauxite Hills Project production for the first four years of operation.</p> <p>Bauxite Hills is located 95 km’s north of Weipa on Western Cape York. Environmental...
<p>Despite a world-wide sluggish market in metal sector, Navratna PSU Nalco has registered an impressive performance in the first half of 2016-17 fiscal. While bauxite mining was up by 23.6 percent at 35.08 lakh tonnes as compared to the corresponding six months of the previous financial year, the...
<p>Indonesia has decided not to lift the ban on bauxite exports that it had imposed two years back, the country's minister said yesterday. This comes just days after the ministry had considered doing away with mining restriction in order to raise extra cash from the sector.</p> <p>Indonesia imposed...
<p>French bauxite explorer Alliance Miniere Responsable said it filed for permission to develop a $200 million mining project in northern Guinea.<br /><br />AMR seeks the right to mine bauxite in the West African nation’s Boke district for at least 15 years, Romain Girbal, president and...
<p>In a move aimed at stimulating debate within the county, strong signals have emerged from the Indonesian government that a relaxation of its raw materials export ban will occur and that bauxite and nickel (laterite) will be added to the list of allowed mining exports. </p> <p>On Wednesday...
<p>The mining and quarrying industry of Jamaica put up a somewhat subdued performance in the June quarter, reported Statistical Institute of Jamaica. The final arbiter on national output Statin stated in its report that "reduced activities at the Noranda Bauxite plant in Jamaica" was responsible...
<p>India government is planning to introduce a star rating for mines by next month. There are plans to start satellite-based monitoring of mining activities across the country, said mining secretary Balvinder Kumar at an ASSOCHAM event held in New Delhi yesterday. Mineral deposits of every type...
<p>Anglo-African Minerals, an Irish exploration firm has announced a €200 million joint venture with a Chinese group to develop a bauxite mining project in Guinea.<br /><br />Anglo-African owns four bauxite licences Guinea and the firm confirmed that it had entered into the an initial...
