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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Intercept Minerals continues to progress a farm-in by Rio Tinto into its Tiwi Islands bauxite project off the Northern Territory. Under the agreement, Rio will spend $5 million over 4 years to earn a 75% operating interest in the project. This is subject to a number of pre-conditions including, the negotiation of an access agreement with the Tiwi Land Council and the formal grant of the exploration licence. Rio’s negotiations with the Tiwi Land Council are continuing. Separately, the company is continuing to seek out joint venture partners to progress its Adnera Uranium and Millionaires Well Tungsten Projects in the Northern Territory. Outright sale of these projects will be considered. Intercept is also investigating new acquisitions and investments in a range of sectors including...
Union Minister of State for Social Justice and Empowerment Sudarshan Bhagat has said he would make efforts in setting up a bauxite factory in Lohardaga. Lohardaga is rich with bauxite. I will try to bring bauxite factory in the district, Bhagat, who represents Lohardaga constituency, told reporters on a visit here yesterday. Lohardaga is famous for bauxite but sends the mineral outside as it has no factory of its own. Stating that he would work for the poor, the minister also said his endeavour would be to extend railway lines till Korba in Chhatisgarh via Gumla.
China’s imports of bauxite from India and Australia increased in May as buyers in the biggest consumer of commodities sought to fill the gap caused by Indonesia’s ban on shipments. Bauxite shipments from Australia rose 21 percent from April to 1.24 million tons. Indonesia accounted for more than 10 percent of global bauxite supplies before imposing its ban earlier this year to foster a local refining industry, analysts at Goldman Sachs Group Inc. estimate. The Southeast Asia nation was also the biggest source of ore used by China to produce nickel pig iron, a lower grade alternative to refined metal used to make stainless steel. “More Chinese smelters are replacing Indonesian ores with material from the Philippines,” said Chen Ruikan, an analyst at SMM Information & Technology Co. in...
Bauxite Resources Video Q&A with Peter Canterbury CEO who explained that the company recently undertook a review to determine where best to allocate shareholder funds and have decided to pay a 4 cents per share capital return. After the AU$9.3 Million capital return, BAU retains AU$30 Million in cash with which to progress development for the Fortuna deposit. The Fortuna deposit is 100% owed by Bauxite Resources, close to infrastructure and more importantly, close to China, the biggest consumer of bauxite globally. Since defining a maiden resource, BAU have been growing the resource, with a material increase in grades assisting the overall project economics. BAU recently appointed AMC for the scoping study and project economics which will take approximately two to three months. BAU have...
More than 26 million tonnes of commercially viable bauxite deposits were found in west Rennell island in the in the Solomon Islands. Asia Pacific Investment and Development Limited (APID) revealed this in an environmental report produced after it carried out prospecting on the site. APID is a joint venture company between foreigners and some locals, which is registered here. The company recently submitted its application for a mining licence to the Ministry of Mines and Energy to extract the minerals on west Rennell. It said its finding was confirmation of a discovery of bauxite deposits in west Rennell by Mitsui Mining and Smelting Company of Japan in the 1970s. Bauxite is a mineral bearing rock named for the region in France where it was first identified. One of the key components of...
Bauxite Resources Limited announces a resource update for the Fortuna bauxite deposit in the Darling Range, Western Australia. BRL retains 100% beneficial interest to the bauxite. The resource is located on two private landholdings (farms) located ~60km north east of Perth, and 10km from the township of Wundowie (See Figure 1 in link below). Existing rail infrastructure is situated ~15km to the north providing a link to the Kwinana port around 120km away. The previous resource estimate announced in September 2013 stood at 39.5Mt at 28.8% available alumina. The current update has resulted from the analysis of 3,395 samples, which were originally assayed using Fourier Transform Infra Red (FTIR), by the preferred low temperature BOMB digest analysis in order to improve the quality of the...
Tom Albanese, the newly appointed chief executive officer of Sesa Sterlite, has identified sourcing bauxite for its aluminium operations and resumption of mining in Goa as some of his top operational priorities for the current fiscal, in the company's annual report for 2013-14. Sesa Sterlite, the country's largest natural resource company, needs bauxite for its 1 million tonne per year alumina refinery at Lanjigarh in Odisha. Despite scarcity of ore bauxite, the refinery has been operating at around 60% as it sources nearly 1.5 million from Balco's mines, and 1 mt from other states including Gujarat and Andhra Pradesh. The refinery was set up in Odisha in the belief that bauxite would be sourced from Niyamgiri. However after years of legal battles, the Supreme Court declined to gave the...
Kerala government has made it clear they haven’t changed their decision of not allowing mining of bauxite at Kadaladipara in Kasargod district. Replying to a submission in this regard in the Assembly, Industries Minister P K Kunhalikutty said necessary order in this regard would be issued. After the local people of the state had protested against bauxite mining, it was decided by the government to halt the process as it leads to environmental problem.
ASX-listed junior Bauxite Resources has launched a scoping study on its Fortuna direct shipping ore (DSO) bauxite project, in Western Australia. The scoping study would investigate a mine-to-port development to support a three-million-tonne-a-year operation at Fortuna, and would likely be completed in September this year, Bauxite Resources stated on Tuesday. The company was also undertaking a high-level market evaluation to identify possible end-users for the Fortuna bauxite, and was currently in discussions with landowners to convert properties from exploration access agreements to mining agreements. “With Western Australia currently the largest bauxite producing region in the world, and logistically well placed to supply increasing demand from China following the recent Indonesian...
On Friday 13 June the Queensland Government commenced the Regional Planning Interests Act 2014 by proclamation and also made the Regional Planning Interests Regulation 2014. This legislation establishes the approval process for resource activities in areas of regional interest. Maps outlining the Regional Interests Areas for the Cape York Region - including Strategic Environmental Areas (SEAs) - were incorporated into the Regulation ahead of the release of the Cape York Regional Plan. The Cape York Regional Interests map confirms the significant impact of the Regional Interests Planning Act on Cape Alumina’s (ASX: CBX) Pisolite Hills project tenements. However, there is no impact to any of the company’s bauxite tenements to the north of Pisolite Hills which include the Bauxite Hills mine...
Bauxite Resources will return $0.04 a share to shareholders by way of a capital return from its $42.1 million cash reserves as at 31 March 2014. It is subject to shareholder approval but unlikely to brook any opposition. Even after the capital return there would be a $31 million cash balance post capital return with no debt. Which is sufficient for BRL to finance the development of its bauxite projects including the Fortuna deposit. This is a development ranking project. At the 100% owned Fortuna DSO bauxite project, the aim is to deliver a bauxite direct shipping (DSO) ore operation, which has a current resource of 39 million tonnes. The current resource is located on two private landholdings 60 kilometres north east of Perth and 15 kilometres from existing rail infrastructure. This is...
Despite rising 367% over the past month, junior explorer Queensland Bauxite Ltd is set to soar again today. In pre-trade moves, the shares are expected to open up another 45% at 6.1 cents. The reason for the price move is that recent exploration results have confirmed that the company has a significant bauxite resource at its flagship South Johnstone Bauxite Project in North Queensland. Despite only 26 drill holes being analysed from just 2.3% of its existing tenement, the company says the results confirm it has found a large, close to port and infrastructure, direct shipping ore (DSO) with initial estimates suggesting resources of more than 30 million tonnes. The company is now upgrading its exploration target to a whopping 300 million tonnes, but the existing 30 million tonne DSO...
The Australian Stock Exchange has placed the shares of Queensland Bauxite in a trading halt on the company’s request in relation to the material results on the company’s bauxite project located in north Queensland. The trading halt will last till 13 June, 2014 until any announcement is made or start of the trade. Last year November, the company had said XRF testing and drilling had resulted in discovery of the bauxite field at its project located at South Johnston. The company had revealed in November last year that drilling and XRF testing had resulted in the discovery of a bauxite field at its South Johnston project.
Jamaica is selling its 7 percent stake in a bauxite refinery operation, the island's energy minister announced Tuesday. Energy Minister Phillip Paulwell told Parliament that the government will sell its $11 million stake in the West Indies Alumina Company, referred to as Windalco. It is located in the central Jamaican parish of Manchester. The money will go to Windalco's parent company, Russian aluminum giant UC Rusal. The $11 million sale will roughly halve a $21.5 million debt to the Russian company. A debt of $10.5 million remains. Jamaica's once-flourishing bauxite industry has fallen on hard times in recent years. Globally, high levels of aluminum supplies have led to lower prices.
ALUMINIUM producer Alcoa says it is reviewing options for its Suriname bauxite subsidiary two days after the country's leader said the multinational was preparing to slash local operations. In a Thursday email, company spokeswoman Monica Orbe said Alcoa is working with the South American nation "to ensure the long-term viability of the operations" in Suriname, where it has had mining operations for nearly a century. On Tuesday, Suriname President Desi Bouterse told parliament that Alcoa was planning to cut local production by a third and lay off about 200 employees and 800 contractors. Alcoa's local subsidiary is Suriname Aluminum Company, known as Suralco. Bouterse also told MPs that Alcoa wants to pay less for fuel from the country's state oil company, Staatsolie Maatschappij Suriname...
Desi Bouterse, the President of Suriname says Aluminum Company of America, (ALCOA) has plans of cutting down their production at Suralco that would result in lay off 1,000 workers which includes 800 contractors. Bouterse told Parliament that the issue is of "a national matter of concern for which a joint solution must be found". Since 1916, Suralco has remained active in Suriname as mining bauxite for feeding Paranam refinery. With a total output of around 2.2 mn metric tons every year, operation of bauxite mining stood as the main earner of Suriname. Last week, one of the top executives of ALCOA’s office based in Latin America visited Suriname to give out the plans of the company. The company officials said, they would have to cut down the total production to around 360,000 tons annually...
China Hongqiao Group Ltd, the largest non-state producer of aluminium of the nation, has agreed to buy an African company developing bauxite deposits for approximately $120 million. Winning Logistics (Africa) Co. and Hongqiao signed an agreement to buy a not so popular company developing a mine in Guinea, said Shandong-based Hongqiao. The target company is capable of developing and producing bauxite for 25 years from their deposit with a total resource of 2.2 bn metric tons. The proposed acquisition took place as Hongqiao was looking for bauxite supplies after the Indonesian mineral export ban. Hongqiao is one of China’s lowest-cost smelters and is putting more effort to increase output after competitors including Aluminum Corp. of China Ltd. have cut down their production. The company...
According to a report from Proactive Investors Australia, Queensland Bauxite expected to have a breakthrough in Australian bauxite. Queensland Bauxite has, over the past several months, been working away behind the scenes, building towards results that could catapult a $4 million microcap into Australian mining folklore. This 1.3c goldfish holds a whopping 7,180km2 of bauxite projects that have the very real potential to transform it into a whale. QBL’s South Johnstone project in particular looks like a company maker. In November last year, QBL revealed the discovery of an entire bauxite field. And now, after years of effort and millions spent, QBL are set to reveal exactly what it has up its sleeve. The London Metals Exchange report indicates that not only are aluminium prices breaking...
