Ashapura Minechem is preparing for its next phase of growth by expanding its Guinea bauxite operations while shifting its Indian business towards higher-value mineral products. The company is targeting 15 million tonnes of annual bauxite volumes by FY28, a level management believes could generate...
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...
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Iran focuses on the country’s mining sector during the sixth five-year economic development plan (2015-2020) with plans of investing $15 billion to develop projects and increase production capacity of aluminium, steel and copper. The development plan aims to increase the output of aluminium to...
Canyon Resources has moved a drill rig on to its bauxite project in Cameroon to follow up promise from earlier drilling that saw grades of bauxite encountered as high as 50% Al2O3 and low silica. Drilling will test 15 newly defined targets over the Mandoum and Birsok permits before the onset of the...
The Public Authority for Mining in Oman, a body under the Ministry of Commerce and Industry, has declared a rise in royalty rates from 5 to 10 percent which will be implemented from July 1, 2015. Companies and establishments in the mining sector are being urged by the Authority to "to settle all...
The ore reserve at Metro Mining Ltd’s Bauxite Hills Project near Weipa has increased by 398% – from 12.1 million tonnes to 48.2 million tonnes. The company requested a share trading halt yesterday (Monday 1 June 2015) pending an announcement to the ASX today. Geological modelling updates provided...
Metro Mining is focussed on the Bauxite Hills Project which is located in the world renowned bauxite province of Cape York, in Queensland, Australia. At the project pre-development and approvals have commenced, with a Pre-Feasibility Study completed. Production is on schedule for Q3 2016. The...
China still favored Malaysian bauxite in April owing to its prevailing price appeal, Shanghai Metals Market understood. Malaysian bauxite was $ 10-11 per tonne cheaper than Australian and Indian ore at $ 46.66 per tonne, allowing its imports to grow 275,700 tonnes from March and 29.11% from a year...
Compagnie des Bauxites de Guinée (CBG), a bauxite miner in Guinea is planning an expansion worth $1 billion to meet the growing demands and increase its production to 23.5 million tons per year by 2018, announced the director general of the firm on Friday. Halco Mining consortium, controlled by...
Expectations are high in Junction, St Elizabeth, as stakeholders are of the view that the impending reopening of the Alumina Partners of Jamaica (ALPART) bauxite processing plant, and new opportunities in the agriculture and business process outsourcing (BPO) sectors should churn out numerous jobs...
Australian Bauxite Limited has started its first bauxite mine in Tasmania and holds the core of the Eastern Australian Bauxite Province. ABx's 37 bauxite tenements in Queensland, New South Wales & Tasmania exceed 5,000 km2 and were selected for good quality bauxite, good infrastructure as they are...
Ending years of uncertainty, the Odisha government has recommended to the Centre for allotment of two bauxite deposits, Kutrumali and Sijimali in south Odisha, to engineering & construction giant Larsen & Toubro (L&T). L&T held the prospecting licence (PL) for these deposits for last two decades....
The Aurum Exploration Fiji Limited has targeted to plant 50,000 pine trees this year as part of the rehabilitation works after the completion of the Nawailevu Bauxite Mining site in Bua. Managing Director, Sireli Dagaga said they only have 5,000 pine trees to cover the mine area before they move...
A Concern Rennell landowner has called on Prime Minister Manasseh Sogavare to remove Members of Parliament and senior government officers who have given the nod to PT Mega Bingtang Borneo Ltd to export the stockpile of bauxite out of country. The landowner who declined to have his identity revealed...
Beginning next month, eight mineral-rich states will start the e-auction of 200 mines with iron ore, limestone and bauxite deposits. The states have been empowered by the centre to auction mines with these three mineral resources. These 200 mines are mainly concentrated in Rajasthan, Jharkhand,...
Zavia Mayne, the Jamaica Labour Party's caretaker/candidate for South West St Ann, is pressing the Government to revisit bauxite mining operations in St Ann and other sections of Jamaica in light of the issues associated with the current practice of extracting the ore. "We support bauxite mining...
A Bauxite Mining Community Advisory Group (BMCAG) has been established as an initiative of Bauxite Alumina Joint Ventures (BAJV) and Bauxite Resources Limited, to develop the Felicitas and Fortuna bauxite mining projects North of Wundowie. The Fortuna Project is 100 per cent owned by BRL, has...
The continued lagged impact of the drought which prevailed last summer has been blamed for the poor performance of the Jamaican economy during fiscal year 2014-15, with the Planning Institute of Jamaica (PIOJ) estimating expansion of a mere 0.1 per cent. The performance was largely driven by a...
After the uproar about supposed illegal mining in the Cockpit Country, a source in Noranda Jamaica Bauxite Partnership clarifies that they were not mining. However, they were drilling in the area to check feasibility of mining in future. Noranda has a Special Exclusive Prospecting License (SEPL)...
Queensland Bauxite has committing to a significant drilling program at its flagship South Johnstone project near Innisfail in Queensland and has encountered new bauxite in areas not explored before. The project has an overall massive exploration target area of between 193 million tonnes and 405...
