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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Finance Minister Dr Peter Phillips has declared that Jamaica still has a bright bauxite future, despite the world economic recession in 2008 forcing the closure of three of the country's four plants. Speaking in the House of Representatives on Tuesday, Phillips said UC Rusal, the owners of three...
Indonesia's ban on the export of bauxite has come into being for almost over 2 months but it hasn’t impacted the Chinese imports. China’s February bauxite imports have witnessed a reduction this year. China imported 3.2 mn tons in February and 2.13 mn came from Indonesia. Bauxite imports from...
The massive slowdown of bauxite mining in Jamaica has led to Finance Minister Dr Peter Phillips turning up in Parliament with a withdrawal order to settle a US$33-million debt as a result of the failure of Jamaica Bauxite Mines to make good on an alumina supply agreement with Glencore. Phillips...
China registered a sharp drop in imports of bauxite in February due mainly to few arrivals from Indonesia, Shanghai Metals Market learnt. Inbound shipments tumbled to 3.23 million tonnes in February, down 23.86% year-on-year. Total imports were 11.23 million tonnes during the first two months of...
Bauxite Resources Limited is pleased to announce that a maiden resource estimate has been completed on the Company's new Dionysus project, northern Darling Range, Western Australia. The resource is located on one private landholding in predominantly cleared farmland, approximately 100km north east...
Alberto Fabrini has been appointed executive vice president and head of the Bauxite & Alumina business area in Norsk Hydro ASA. The appointment of Fabrini, currently head of Operations in Bauxite & Alumina, will be effective June 1, 2014. "As a Brazilian native with international experience and an...
The Committee of Geology and Subsurface Resources Management under Ministry of Industry & New Technologies estimates that forecast reserves of bauxites are 809 million tons. "The forecast reserves of bauxites in Kazakhstan are estimated at 809 million tons. The reserves are mainly concentrated in...
Xinfa Aurum Exploration Fiji, the bauxite mining company, plans to start working on a site in Bua once the government issues them a mining license. Basilio Vanuaca , the mine manager said Mataqali Naita located in Votua village in Lekutu, Bua, have agreed to provide them land for mining around 500...
RIO Tinto will provide an extra $50 million over the next five years to help attract new economic activity and support the community transition in Nhulunbuy and the East Arnhem region. The announcement follows the company’s decision in November last year to suspend alumina production at its Gove...
MetroCoal has made an uninvited offer to take over their fellow exploration company in Queensland Cape Alumina at $0.06 per share. The board of Cape Alumina has advised the shareholders not to take any action. MetroCoal said they want to acquire Cape Alumina with the aim to expose its shareholders...
A US$120 million investment project by Toronto-based First Bauxite Corporation (FBC) for bauxite mining at Bonasika in Guyana seems to have struggled over finance issues and the project had not taken off yet as it was scheduled. First Bauxite Corporation (FBC), which was exploring bauxite deposits...
Brazil’s exports of bauxite fell in February 2014 while alumina shipments remained stable and aluminium increased, according to the country’s trade ministry. Bauxite exports from Brazil dropped 33.2% year-on-year in February on decreased volumes sent to North America. Volumes sent abroad amounted...
The Queensland Government has deferred the multi-billion dollar plans of developing Cape York’s Aurukun Bauxite resource. According to the government, the benefits given to the local communities were not sufficient. It also said the project delivery time was very long. It is expected that bauxite...
During the half year ending 31 December 2013 Bauxite Resources continued to focus primarily on the exploration and evaluation of bauxite prospectivity in the Company's extensive tenement holding in WA's Darling Range, the largest bauxite and alumina producing region in the world. At the reporting...
Clinton Thompson, the Commissioner of the Mines & Geology Division, is confident that the bauxite industry has a brighter future ahead. "Closure does not mean death and if you listen to the Bank of Jamaica reports, even with the downturn, it (mining and energy) is still one of the star performers...
The Queensland Government says it is not in favour of overturning a bauxite mining ban in the Steve Irwin Wildlife Reserve on Cape York. Yesterday, miner Cape Alumina expressed its intention of reopening negotiations with the Queensland Government to restart its $1.2 billion Pisolite Hills bauxite...
Bauxite Resources Limited advises the following changes to its Board of Directors with the appointment of Mr Cunliang Lai as non-executive director replacing Mr Zhan Qingwei as the representative from the Company's substantial shareholder, Yankuang Group Corporation (Yankuang). Mr Cunliang Lai is a...
FIRST BAUXITE CORPORATION is pleased to announce that it has filed its first quarter financial statements and management's discussion and analysis for the period ended December 31, 2013. The company also announces that it has granted incentive stock options for the purchase of up to an aggregate of...
