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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Behind the rusting security gate at a secluded mine entrance, two flagpoles stand side by side. One flies the black star of Ghana while the other, which once carried the Canadian Maple Leaf, now displays China’s red ensign. Yet half a million Canadian foreign aid dollars, earmarked for communities...
As recommended by the Environmental Impact Assessment report, the Nawailevu Bauxite Mining site in Vanua Levu is going through rehabilitation works that is being carried out by the Aurum Exploration Fiji Limited. The Lands Minister, Mere Vuniwaqa has confirmed this in the parliament on Monday after...
Work on a bauxite mine in Tasmania's northern midlands is expected to start next month. The Bald Hill bauxite project, near Campbell Town, has been approved by the Northern Midlands Council. It will employ 45 people and is expected to extract more than 1 million tonnes of bauxite over five years....
Queensland Bauxite has received the final results from drilling at its South Johnstone Bauxite Project in Queensland and has incorporated the results into an upgrade of its Resources to an Indicated level. This will allow the company to meet all the requirements of JORC 2012, which underpins the...
The First Bauxite Corporation has completed the strategic review of two of its projects, the Bankable Feasibility Study Update (BFSU Project) which was filed on 21 November 2011 and the planned pre-feasibility study (PFS Project) which was first introduced on 14th Feb, 2013. The first project was...
An amendment has been proposed by the Union Ministry of Mines which will allow applicants who are applying for a mining license renewal can move their plea to the Central Government if the State Government fails to respond on the matter within 60 days. The NDA government is trying to pass the Bill...
The Indonesian constitutional court rejected the challenge raised by the mining companies regarding the country’s ban on raw materials export which was imposed in January. The ban on mineral ores imposed on 12th January was to channel investments in the direction of mineral processing in the...
Anglo-African Mineral, attempting to continue work defying the raging Ebola outbreak, has signed a contract with Toumyne, a drilling contractor in Guinea in October so that they can take up the Auger drilling campaign on the Momo, Elevation and Samaya plateau, an area which falls under the...
Breaking their silence over stiff opposition to bauxite mining, several technical and mining experts and investors for the first time met in the city recently to justify exploration of bauxite ore in parts of Eastern Ghats with eco-friendly technologies. Their presence in large number, including...
Aziana Limited has been granted an ASX trading halt in relation to a proposed asset disposal. The company has bauxite, copper and graphite mineral projects in Madagascar as well as working interests in oil and gas exploration and production leases in the Gulf of Mexico offshore Louisiana. In the...
Tom Albanese from Vedanta Resources gave his key-note address at IBAAS, the International Bauxite, Alumina and Aluminium Society, speaking about how India is lagging behind in the exploitation of bauxite reserves available in the country. There is plenty of good quality bauxite ore in the Andhra...
Workers at the Chinese-owned BOSAI Minerals Limited bauxite plant at Linden on Tuesday continued to down tools and stayed off the job to press demands for higher salaries, according to well-placed sources. Preliminary information reaching Caribbean News Desk is that the company is offering a six...
Australian Bauxite will undertake a material capital raising and its shares have been voluntarily suspended from trading pending an announcement and details. The voluntary suspension continue until the earlier of the release of the announcement until Wednesday 26 November 2014. The company is...
The Indonesian ban and China’s ramped up production has put the Malaysian bauxite industry in the limelight and is being termed as “game changer” in the aluminium industry in general but more specifically in China. It is expected that China would need around 130 million tonnes of bauxite next year...
The Central Government aims to improve the Mines and Mineral Development and Regulation (MMDR) Act and is introducing many amendments for that purpose. The most recent plan is to allow transferability of mines by which companies will be able to sell their mines to other companies for all minerals...
Bauxite focussed Canyon Resources is preparing to outline details of a capital raising. The ASX has granted the company a trading halt, with its shares placed in pre-open. The company's key project is the Birsok Bauxite Project in Cameroon, with the inaugural drilling program returning high-grade,...
The Mines Ministry, in the Bill to amend the Mines and Minerals (Development and Regulation) Act, has proposed competitive bidding mechanism for allocation of mines for all minerals . According to the draft of the Mines and Minerals (Development and Regulation) (Amendment) Bill, 2014, for bulk...
Bauxite Resources boasts the highest cash to market cap ratio of any ASX bauxite company. And it has resources of almost 400 million tonnes of bauxite. The company holds over $24 million, and is capitalised at $27 million. In September, BAU notched a significant increase in resource estimate...
