Mozambique plans to invest around USD 126 million in a solar power plant to supply electricity to mining companies in Gaza Province, southern Mozambique, according to state news agency AIM. Provincial governor Alfeu Cuna announced the plan at the Conference on Adding Value to Mineral Resources (CAVAME-d 2026) in Nacala. The project aims to strengthen electricity supply for mining operations and industries linked to mineral processing. Gaza Province has heavy mineral sands deposits at Chibuto and limestone at Mabalane. The government is also planning mineral processing facilities in Mabalane and Mapai, where limestone deposits have been identified. Other mineral resources in the province could support cement production and related industries. Explore the production, demand and consumption...
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...
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Xinfa Aurum Exploration Limited in Bua is facing bauxite stockpiling issues as a result of heavy rain showers in the region. Managing Director, Isirelli Dagaga highlighted the issue in an interview where he also says that they even refrain from mining in wet weathers as it results the production. The company hopes to mine 400,000 tons of bauxite from the current mining site located in the Votua village in Bua. Dagaga says that the ships come to them only once a month that too depends on whether they have enough stockpiles. So they are only stockpiling at present but the constant heavy showers in affecting their progress. “We expect the next ship to arrive on the 4th of April,” he says. He also says that they are able to ship twice a month when the weather is good and June is usually a...
The Indonesian mineral-ore export ban has affected the state-run diversified miner Aneka Tambang (Antam) reporting a total net loss of Rp 775.29 billion (US$ 59.28 million) for the year 2014 which is a sharp contrast from the previous year where the company enjoyed a net profit of Rp 409.95 billion. Antam suffered a serious fall in net sales in 2014, where numbers dropped from Rp 11.3 trillion in 2013 to Rp 9.42 trillion last year. The ban on export coupled with weak commodity prices has severely hit the company’s sales. Tato Miraza, the Antam president director says that to combat the dismal situation the company has resorted to efficiency savings and diversification into the downstream sector. Tato further added that his company had high hopes for the government’s planned state capital...
China’s bauxite imports fell 20% on the month to 2,587,823 tonnes in January 2015, customs data showed. Imports from Australia and Malaysia – China’s major suppliers – fell 330,664 tonnes and 367,632 tonnes, respectively, from a month ago, the major reason behind the month-on-month decline in total imports. Expensive Australia ore cools China’s appetite. Inbound shipment tumbled 67% from a year ago when huge volumes of Indonesian ore continued to arrive ahead of the export ban. It’s worth noting that China began to source bauxite from the Solomon Islands, importing over 40,000 mt from the country.
The first shipment of bauxite to China is expected next month as mining has already started at Votualevu village in Lekutu, Bua. XINFA Aurum Explorations Fiji Limited Mine Manager, Basilio Vanuca says 400,000 tonnes of bauxite is expected to be extracted from the new site. He said 200 seasonal workers are employed by the company. He said they were given another 20 year land lease and their bauxite mining license was extended last year. The new bauxite mine is expected to rake in about $16 million in revenue.
New Delhi In a bid to bring in reforms in the mining sector and enhance transparency, the government plans to auction minerals such as iron ore, bauxite and manganese, Parliament was informed today. Minister of State for Mines and Steel Vishnu Deo Sai replied in affirmative in response to a query in Rajya Sabha as to whether there is any proposal to auction such minerals. "An Ordinance was promulgated on January 12, 2015 to amend Mines and Minerals (Development and Regulation) Act, 1957 providing for auction of mineral concessions," he said. In reply to another query, Sai said the Ordinance provides for "grant of mineral concession through auction by competitive bidding" and "enhancing penal provisions to check illegal mining". He said changes were being brought in the legal framework to...
Queensland Bauxite has landed $910,000 in equity funding from a Chinese investment group in a placement at $0.014 per share to finance further development of the potentially 2015 producing South Johnstone Bauxite project. In cash strapped commodity markets, China Bauxite Trading & Investments Company (CBTIC) will make the investment, founded by a former China Non Ferrous Metal Corporation executive. QBL will issue 65,000,000 ordinary shares at $0.014 per share with attaching 5 million options exerciseable at $0.03 per share exerciseable on 28 February 2018 to CBTIC. This is at the same share price as the current non-renounceable issue on offer to QBL shareholders of one share for every four shares held at an issue price of $0.014 per share. The placement is being made under ASX Listing...
The Odisha government has given permission to state-run Odisha Mining Corporation (OMC) to scrap the joint venture projects inked with three private sector heavyweights to go for iron ore and bauxite mining in the state. The companies are: Anglo-Australian mining major Rio Tinto, Hindalco and the Vedanta group which has now been renamed as Sesa Sterlite. “We have given permission to OMC to cancel the joint ventures with the three companies if they wish to after the chief minister put his signature on the file in this regard,” state Steel and Mines Minister Prafulla Mallick said on Tuesday. Sources in the steel and mines department said the OMC decided to do away with the joint venture projects for different reasons. To begin with, Rio Tinto, though the one billion dollar project to mine...
Bauxite residue is a reusable resource. Its a material that can be a missed opportunity if not properly valorized. The current practice in some parts of the planet regarding bauxite residue management has to be revised. There is a need to change the modus operandi and become more aware and thoughtful about the environmental footprint of the aluminium industry. Bauxite Residue Valorisation and Best Practices Conference is an event that addresses this cause. It’s a call to transform this concern into an opportunity, in an event that aims to promote the development of high-quality research in this field by bringing together specialists from both academia and industry, presenting recent results and discussing the way ahead. For this purpose, the Organizing and Scientific Committees of the...
Queensland Bauxite has requested a trading halt for its shares from the ASX pending an announcement of a placement. The company said the halt is requested until commencement of trading on Thursday 5th March 2015. Recently, QBL extended its one-for-four entitlement issue priced at $0.014 per share to raise up to $1,782,167 until 10th March 2015. The offer also had one free attaching option exercisable at $0.10 and expiring 31st July 2016 for every two shares subscribed. In February, an agreement was struck with Far North Queensland Ports Corporation Limited for a confirmed allocation of 800,000 tonnes per annum of bauxite through the Port of Mourilyan. The Heads of Agreement was signed with Ports North. There could be scope for additional tonnage over time. The Port of Mourilyan is located...
The Prime Minister’s recent working visit to the Central Highlands bauxite complex confirmed the great potential of bauxite exploitation there and aluminum industry development. Analysts once looked at Tan Rai and Nhan Co alumina projects with dubious eyes. However, it is obvious that domestic demand for alumina to make aluminum has become far higher than the output Tan Rai and Nhan Co can provide. The alumina output at the Central Highlands complex will not be enough for domestic use in the next three years. A report of the Ministry of Industry and Trade (MOIT) showed that Vietnam has to import 100 percent of aluminum it needs, about 500,000 tons a year, worth $1.2 billion. The demand will increase rapidly as a result of the government’s policy on speeding up the development of support...
The Orissa steel and mines department has said no to the Union Panchayatiraj Ministry’s proposal to give gram sabhas rights over major minerals. In 2013, the ministry had sent a draft Panchayat Extension to Scheduled Areas Bill, 2013 to the states, seeking their views on it. The draft bill suggested that gram sabhas in scheduled areas be given rights on major minerals such as iron ore, manganese, bauxite and chromite. Opposing section 4(k) of the proposed amendment bill which says recommendation of gram sabha should be a pre-requisite for grant of prospecting lease or mining lease for major minerals in scheduled areas, the steel and mines department has said major minerals occur under the the earth and thus are properties of the state government and not local bodies. “Besides, the...
United States-based Noranda Aluminum Holding Corporation expects to save more than US$5 million ($550 m) annually in shipping costs with its newly deepened and expanded port in St Ann, Jamaica. The port, completed this month, allows bauxite ships to depart with 10 per cent heavier loads without fear of hitting the sea floor. The saving will recoup the capital costs to expand the port at US$11 million ($1.2 b), in roughly two years.
Pro Fin Capital Services Ltd's subsidiary, Tera Natural Resources and Pellets Private Limited ("Tera") has already obtained the lease for bauxite mining in Kolhapur District, Maharashtra. Tera would begin commercial operations in the first week of March 2015 as all other necessary approvals are obtained from the authorities. Shares of PRO FIN CAPITAL SERVICES LTD. was last trading in BSE at INR 247 as compared to the previous close of INR 242.2. The total number of shares traded during the day was 31360 in over 463 trades. The stock hit an intraday high of INR 290 and intraday low of 223.4. The net turnover during the day was Rs. 7733139.
The life of the late Dr the Hon Keith Panton can best be described as an enduring journey into the development and expansion of the bauxite and alumina industry in Jamaica. Having earned his tertiary education abroad, he chose to return to his native land and spent most of his productive years in the industry at Alcan Jamaica Company, ensuring that as far as possible, the industry was exploited in a sustainable manner, while ensuring the Jamaicans were not mere beneficiaries of a thriving industry, but were active and productive participants in the process. This was reflected in his preoccupation with human resources development but more so in his even handedness when he was faced with the challenges of balancing management objectives on one hand with the demands of organized labour on...
Odisha Mining Corporation (OMC) has started the process to scrap bauxite mining joint venture (JV) projects with Hindalco and Sesa Sterlite after the state government said the state-run miner can take a decision to do so. “We have sent show cause notices to Hindalco and Sesa Sterlite after the government said we can take a call on this. They have been asked to send their replies within two weeks,” said Girish S N, managing director of OMC, saying the notices were sent earlier this month. The companies have been asked to reply why JVs with them would not be scrapped as they have not achieved progress as per the agreement, he added. OMC had formed South West Bauxite Mining Company (Pvt) Ltd with 26:74 equity shareholding in association with Sterlite Industries India Limited (SIIL) in 2009...
The sustainable extraction of Jamaica’s mineral resources that will help the community still seems to be a crucial policy objective of the Government as is often expressed by the Minister of Science, Technology, Energy and Mining Phillip Paulwell, despite the recent suspension of the red mud project. A Japanese company, Nippon Light Metals had invested US$ 5 million to set up a state-of-the-art pilot plant last year, completely financed by the company that looked into profitable extraction of rare-earth minerals from bauxite waste. There were even talks of commercialization of the project but due to unfavorable market conditions, both parties agreed to suspend the project. The full ownership of the project was transferred to the Jamaica Bauxite Institute (JBI). Now JBI has taken up the...
Canyon Resources, to facilitate easier access to the new under-development Birsok Bauxite Project, has signed a Memorandum of Understanding with Bolloré Africa Logistics Cameroon, operators of the Doula port and Camrail SA. The company has 75% stakes in the budding mining project in the town of Ngaoundal in Central Cameroon which promises to yield high grade, low contaminant DSO bauxite. The agreement will help the company to fulfill the key requirements of logistics and transport services required to develop and operate the Birsok Bauxite Project as a DSO bauxite operation. There is an existing Camrail rail line connecting the Douala Port to the Birsok Project across the 10 km distance. According to initial studies, the rail line will prove useful in carrying commercial quantities of...
Queensland Bauxite has offered shareholders additional time to take up shares under its one-for-four entitlement issue priced at $0.014 per share to raise up to $1,782,167. The issue, which now closes on 10th March 2015, includes one free attaching option exercisable at $0.10 and expiring 31st July 2016 for every two shares subscribed. Proceeds will be used to prove up larger tonnages of Indicated bauxite resource from drilling an initial surface only Exploration Target area at the South Johnstone Bauxite Project. Funds will also be used to prepare for the mining of the existing indicated resources. A Scoping Study for the South Johnstone Bauxite Project in Queensland indicated a highly profitable bauxite business could be achieved based on low capital costs, low operating costs and...
