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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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
In a bid to promote mining as a stronger business in India, the Government is planning to rationalize custom as well as export duties for major minerals like iron, manganese and bauxite ore once the coal mine auctions are concluded. The new reforms to the duty rates would most likely be announced...
XINFA Aurum Exploration (Fiji) Ltd has so far planted 12,000 pine seedlings at the Nawailevu Bauxite Mining as part of its rehabilitation program. In an interview yesterday, mine site manager Isireli Dagaga said their aim was to plant more than 35,000 seedlings at the 12-hectare land that had...
A new prefeasibility study (PFS) on the Bauxite Hills project, in Queensland, has revealed that the project could deliver some two-million tonnes of direct shipping ore (DSO) product, over a 21-year mine life. Owner Metro Mining told shareholders on Tuesday that the DSO option allowed for the...
Metro Mining has been granted an ASX trading halt in relation to the release of a Pre-Feasibility Study and Reserve statement for its Bauxite Hills Project in Queensland. Yesterday, the company estimated a JORC2012 Indicated Resource of 30.3 million tonnes of direct shipping ore (48.4% total AI2O3,...
The Pahang Govt. says if the pollution problem persists, despite the recent steps taken, they will not hesitate to cease bauxite and iron ore mining activities. Following the complaints raised by Chinese tourists regarding the dirty condition of the Kuantan Port, the state government took the...
