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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China’s appetite for imported bauxite will weaken as Chinese alumina giants announced massive output cuts. Shandong Weiqiao Pioneering Group and Shandong Xinfa Group announced in December to slash alumina production by 3 million tonnes. China imported 5.42 million tonnes of bauxite in November, up...
i3MS software is a technology breakthrough developed to track end-to-end mineral transaction including the quantum of minerals produced, transported and received by different industries. In a recent press meet held to update industry people on Odisha's revenue generation from mining sector,...
Odisha's economy has experienced a setback following revenue cuts by the Central government. This has affected, in turn, revenue generation from the state's mining sector. Even though revenues from iron ore and bauxite mining in India's mineral-rich coastal state increased during 2015-16 fiscal...
Guinea President Alpha Conde named mining executive Mamady Youla as prime minister on Saturday as part of a strategy to revive the West African nation's ailing economy, the government announced. Guinea is a major producer of bauxite, an aluminium ore, but growth has been hamstrung by a slump in...
Malaysian farmer Surin Beris’s palm plantation has been razed and bulldozers are tearing into its red soil, releasing potentially hazardous dust into the environment - yet he couldn’t be happier. Surin, 67, is reaping a windfall from a modern-day gold rush in Malaysia’s sleepy rural state of Pahang...
Metro Mining, in a news release earlier this month, had revealed its intention to make an offer to acquire all of the shares in unlisted company Gulf Alumina Limited. On December 2015, a bidder’s statement was lodged with the Australian Securities and Investments Commission and ASX in respect of...
First Bauxite Corporation is pleased to announce the appointment of Mr. William White as the Company's Chief Financial Officer to replace Mr. Daniel Crandall effective January 1, 2016. Bill brings over 25 years of experience in accounting and finance. Bill previously served as the CFO of U.S....
N. Chandrababu Naidu, Chief Minister, Andhra Pradesh announced Tuesday that the GO 222, issued during the Congress rule for supply of bauxite ore to Anrak Aluminium would remain scrapped. During 2007, when the late Y.S Rajasekhara Reddy was in power, an agreement was signed between Anrak Aluminium...
Asserting that his government would not go against the interests of tribals, Andhra Pradesh Chief Minister N Chandrababu Naidu today said a decision on allowing bauxite mining in Visakhapatnam region would be taken after a thorough public debate. Speaking on the issue in Legislative Assembly, he...
Noranda Bauxite Company, Jamaica, is considering massive job cuts at their in St Ann bauxite mining site come early next year. More than 30 per cent of employees could be out of a job due to this move. It is reported from reliable sources that the company is planning this redundancy exercise when...
Minister of Science, Technology, Energy and Mining (MSTEM) Phillip Paulwell said today that the Jamaican government has secured a victory in a dispute with Noranda Bauxite Limited (NBL) a subsidiary of Noranda Aluminium Holding Corporation which operates in the island. Arbitrators decided that...
AIM listed IronRidge Resources has discovered a high-grade Direct Shipping Ore bauxite deposit in Queensland, Australia. IronRidge said its 16 sq km licence at its Monogorilby project where the deposit has been unearthed had the potential of becoming a new mineral hub with significant scale...
“The cooperation project not only created jobs for young people but brings business opportunities to Guineans,” chirped Kassory Fofana, Minister of State at the Chinese President’s office, as the first cargo ship containing 170,000 tons of bauxite arrived at China’s Yantai Port from Boke Port,...
Pottangi mines located in Odhisa has been allocated to state-run aluminium producer Nalco for manufacturing one MTPA alumina refinery by 2020. This was informed by Vishnu Deo Sai, Minister of State for Steel and Mines. The alumina refinery (stream-5) will come up at Damanjodi, Koraput district in...
Minister for Tribal Welfare, Social Welfare and Empowerment Ravela Kishore Babu on Sunday hit out at the opposition party leader for criticising the State government’s stand on bauxite mining and claimed that the government would not do anything against the wishes of the tribal people in the...
The Bauxite Residue Valorisation and Best Practices conference was reviewed as an informative and worthwhile event! It succeeded in bringing together academia and industry from around the world in an open dialogue, under one roof to discuss the latest innovations as well as develop possible...
First Bauxite Corporation announced today that the Government of Guyana (GoG) has granted a two-year extension to the construction commencement date under the Bonasika Mining Licence from January 31, 2016 to January 31, 2018. In addition, the GoG may grant a further one year extension to January...
Bauxite Resources Limited has been advised that State-Owned Assets Supervision and Administration Commission of the Peoples Republic of China ("SASAC") approval, which was one of the conditions of the agreements with Yankuang Resources Pty Ltd (Yankuang) and Yankuang Group Company Ltd ('YGL')') for...
