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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The ball mill at Hydro’s bauxite mining operations in Paragominas in Para, Brazil, that was taken out for planned maintenance in the beginning of March is now back in operation. Paragominas has fully resumed its production. Paragominas normally operates with two ball mills, and with one ball mill...
A mining company in Fiji being accused of not paying royalties to landowners says it has handed over about 670,000 US dollars to the government. Landowners in Fiji's northern division say they have not received any royalties from a bauxite mine run by Chinese company Aurum Exploration Limited since...
The Chinese company Aurum Exploration Limited has secured its third bauxite mining site in Fiji after a great success with the first site at Nawailevu and starting processes for the second site at Letuku. However, the locals are not entirely happy with the company and there are complaints about the...
China imported 4.44 million tonnes of bauxite in March, up 46.91% from February and 144.07% from a year ago, customs data showed. Stockpiles of imported bauxite built up in 2013 are running out, which explains why March’s imports were such robust, SMM understands. Malaysia contributed the most to...
The third bauxite mining site in Fiji has been issued a lease making it the largest site so far in the Northern Division region. Nawailevu was the first site being mined by the Chinese company Aurum Exploration Limited and has yielded almost 1 million tonnes of bauxite. Rehabilitation work has also...
China’s demand for bauxite buried below coal fields is growing rapidly with shallow-buried resources are running out, Shanghai Metals Market has found. New bauxite reserves in the west of Caoyao coal field in Mianchi County, Henan, exceed 160 million tonnes, a survey conducted during 2011-2013...
At the Public Accounts Committee (PAC) hearing, the Permanent Secretary (PS) for Ministry of Finance & Treasury (MoFT) of Solomon Islands has announced that the export duty on bauxite shipments will be raised by 20%. The statement was in response to the question posed by the Chairman Rick Hou...
The Palaszczuk government will meet traditional owners over last year’s decision to favour Swiss giant Glencore in the development of a bauxite deposit on the western side of Cape York. Development Minister Anthony Lynham yesterday said he was aware of concerns among some native title holders about...
Reports are being heard that Glencore has been frozen out of negotiations with the traditional owners of the Aurukun bauxite developers and has been issued a legal letter informing them that there will be no negotiation regarding mining with anyone else other than Australian Bauxite Developers....
Worried Morangup locals have formed an awareness group after raising concerns about a possible development in their community. Morangup borders the Avon Valley National Park and has Toodyay 30 kilometres to its east. Calling themselves the Avon and Hills Mining Awareness Group (AHMAG), the...
The Attorney General Chamber is recommending cancellation of mining licenses on Rennell Island. A report produced by the Attorney General this week points to maladministration and irregularities in the granting of mining leases to Asia Pacific Investment Development (APID) and Bintang Borneo for...
Queensland Bauxite's current drilling program at the South Johnstone Bauxite Project in Queensland is targeting an increase in mine life. Drilling is aimed at further increasing the level of JORC Indicated and Inferred Resources. The Exploration Target area has a range of between 193 million tonnes...
China's Yantai Port Group, together with three other firms in China, Singapore, and Guinea, invested an undisclosed amount in the port in Boke, Guinea, in West Africa to further develop Guinea's bauxite trade. The three companies are Shandong Weiqiao Pioneering Group, Singapore's Winning...
Auriant Mining AB is pleased to announce the following management changes effective from April 14: Sergey Baykalov is appointed as an Acting Chief Operational Officer and Igor Pashkov is appointed as the Chief Geologist of the Company. Vladimir Churin (Chief Geologist from 2012 to March 2015) will...
The Ministry of Lands and Natural Resources plans to introduce a policy to ensure that no bauxite leaves Ghana in its raw state. The policy seeks to encourage exporters to process the mineral into alumina or alluminium before exporting it out of the country. Nii Osae Mills, the Sector Minister, who...
UC RUSAL, a leading global aluminium producer, announces the launch of the first start-up complex at the Cheremoukhovskaya-Gloubokaya mine in the North Urals Bauxite Mine (“SUBR”). Cheremoukhovskaya-Gloubokaya becomes Russia’s deepest mine, with a depth of 1,550 meters, and ranks among the top five...
With the Mines and Minerals (Development and Regulation) Amendment Act, 2015 allowing the state government to specify an end-use for any mine, companies would not be eligible for auction if the mine’s mineral reserve is found to be exceeding 1.25 times their stated requirement over a period of 50...
The Centre today proposed a two-stage bidding process to the states for auctioning major minerals like bauxite ore, with the highest revenue share offered in the first round becoming the base price for e-auction. In the first round, technically qualified bidders will be asked to quote the...
