Ghana has stepped up efforts to attract Australian investment into its growing critical minerals sector, pitching the country as a stable and reform-driven destination for mining and value-added mineral development at the 2026 Africa Down Under (ADU) Summit in Perth. The Ghanaian delegation was led...
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...
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During the third quarter, GMDC’s turnover jumped 7% to Rs384 crore Gujarat Mineral Development Corporation (GMDC) net profit rose 11% to Rs112.46 crore for the quarter ended 31 December 2011, against Rs101.48 crore in the corresponding period a year ago. During the quarter, the company’s turnover...
Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX:ABZ) has received laboratory results from its December 2011 drilling campaign at Taralga near Goulburn, southern NSW (see Figure 1 - refer to ABx announcement link at bottom of release). Results from hole TG626 at...
In a letter to Environment Minister Tony Burke, the Wilderness Society says six proposed mines, including Rio Tinto's giant South of Embley bauxite expansion, threaten the "extraordinary natural values" of the region. Campaigner Gavan McFadzean said that if approved, the emergency listings would...
BHP Billiton Ltd. plans to halt bauxite exploration at its Boffa-Santou-Houda site in Guinea, the world’s biggest exporter of the ore, after prices for aluminum dropped, said Jean-Francois David, the company’s president in the West African nation. “Explorations are stopped and all the activities...
Aziana (ASX: AZK) has now defined high quality stratiform bauxite over a 13.4 square kilometre area of its Soavary licence at its Manantenina Bauxite Project in Madagascar. Importantly, the company is on track to complete a maiden JORC Resource in the second half of 2012. Widespread sampling has...
The Supreme Court of India (SC) on Monday deferred the hearing on the petition challenging cancellation of environmental clearance to Niyamgiri Bauxite Mining Project of the UK-based Vedanta's Indian arm Sterlite Industries in the state. The apex court has fixed April 9, as the next date of...
Conservationists say a planned bauxite mine expansion on Cape York, in far north Queensland, could hurt the Great Barrier Reef. Rio Tinto Alcan is planning the $1.5 billion expansion near Weipa. Several conservation groups have lodged a submission with the Federal Government, requesting it change...
First Bauxite Corporation is pleased to announce that it has granted incentive stock options for the purchase of up to 1,500,000 common shares of the Company at a price of $0.53 for a five-year period to certain officers, management, and one director of the Company.
Vale ADR Representing One Ord Shs (NASDAQ: VALE) was downgraded by research analysts at Dahlman Rose from a “buy” rating to a “hold” rating in a report issued on Thursday. Separately, analysts at HSBC (NYSE: HBC) downgraded shares of Vale ADR Representing One Ord Shs from an “overweight” rating to...
Global miner Rio Tinto has raised its stake in Canada's Ivanhoe Mines, owner of Mongolia's massive Oyu Tolgoi copper-gold project, to a majority holding but said on Tuesday it had no current plans to buy more shares. Rio, which has built its stake in Ivanhoe as it helped to fund construction of Oyu...
Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, says the government is committed to revitalising the local bauxite/alumina industry, which has been ailing for some time. “This sector is very important to us as a nation, not only for the revenue that it can bring, but in...
RIO Tinto's $1.4 billion bauxite mine expansion on Cape York has become the latest flash point over the threats caused by increased shipping in the Great Barrier Reef due to the mining boom. The federal government has been forced to reopen consideration of Rio Tinto's South of Embley project and...
Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) will provide a VND2.1 trillion (US$100 million) loan to the Nhan Co bauxite-alumina production project in the Central Highlands province of Dak Nong. The bank inked a credit contract with the Viet Nam Coal and Minerals...
The Union minister for tribal affairs and panchayat raj, Mr V. Kishore Chandra Deo, vehemently opposed the proposed bauxite mining in the Visakha-patnam Agency by state government. Such projects can only benefit individuals but not tribals, he opined. The Union minister for tribal affairs and...
The Union minister for tribal affairs and panchayat raj, Mr V. Kishore Chandra Deo, vehemently opposed the proposed bauxite mining in the Visakha-patnam Agency by state government. Such projects can only benefit individuals but not tribals, he opined. The Union minister for tribal affairs and...
Minister for Forests, Environment, Science and Technology Satrucharla Vijayarama Raju on Wednesday said any decision on bauxite mining in the Agency should be taken only after addressing the concerns of all stakeholders, including tribal people. The Minister inaugurated some development works and...
The environment and forest minister, Mr Satru-charla Vijayaramaraju, said that government will not go ahead on the proposed bauxite-mining project in the Visakhapatnam Agency without considering the opinions of locals and environmentalists besides a proper study on the impact of mining on the...
Bauxite production in Guinea, the world’s biggest exporter of the ore, rose 5.7 percent to 14.3 million metric tons through October, according to the country’s Finance Ministry. Output of alumina increased 5.4 percent to 509,410 tons compared with 483,450 tons in the same period in 2010, the...
