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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Recent tax developments by Indonesia's government aimed at promoting local mining are expected to increase prices of coal and aluminium among others as demand for metals in India and China continues to rise. Last week's announcement by Indonesia's government that it is considering a tax on the...
Arguing that indiscriminate exploitation of mineral resources was leading to alienation amongst local tribal populations and furthering the cause of Naxalite groups, Minister for Tribal Affairs V Kishore Chandra Deo on Wednesday advocated a ban on export of raw materials like iron ore or bauxite....
Compagnie des Bauxites de Guinee, which is owned by the West African nation, Rio Tinto Plc (RIO) and Alcoa Inc., expects to resume exports of the ore used in aluminum “this evening or tomorrow,” said Director General Kemoko Toure. Shipments were halted Sept. 12 after a conveyor was damaged, he said...
Guinea's new mining code will curb corruption and make more money available for development, Prime Minister Mohamed Said Fofana has said. The code gives the government a free 15% share in mining companies and demands greater financial transparency. Guinea, despite being the world's main exporter of...
Development experts say Guinea's new mining code may be its best chance to ensure the world's largest supplier of aluminum ore gets a fair share of the profits. The question: will the new law be enforced? Last week, the most mineral rich country this side of the Congo signed into action 106 pages...
Alcoa (NYSE: AA) Jamalco Operations, using a sustainable transport system, has reached a milestone: hauling 10 million tons of bauxite from its Mount Oliphant mine to the rail station, where it is loaded for shipping to the company’s Clarendon alumina refinery. The record was achieved in less than...
United Co. Rusal, the largest maker of aluminum, said changes to Guinea's mining laws mean investors will find it "senseless" to agree on new projects for the country, the biggest exporter of the metal's main ingredient. Rusal's current concession to develop the Dian Dian bauxite deposit and...
During his visit to Dalian to attend the Summer Davos Forum from Sept 14 to 16, Klaus Kleinfeld, the chairman and CEO of Alcoa, discussed with China Daily the firm's development strategy. Alcoa is the leader in bauxite and alumina and has an enviable position in the alumina sector. Our new projects...
A crab the size of a ten cent piece might stop the development of mining giant Rio Tinto’s $900 million Cape York bauxite mine. Scientists employed by Rio to undertake an environmental analysis of the north Queensland site have found what is thought to be a new freshwater crab species. The findings...
The new Mines Bill, which provides for sharing of profits and royalty with project-affected people, is likely to be introduced in the winter session of Parliament, a senior official said. The Bill, earlier supposed to be tabled during the just concluded monsoon session, has not yet been placed...
Leading ecologist Madhav Gadgil, heading the Western Ghat Expert Ecology Panel (WGEEP) constituted by the ministry of forests and environment (MoEF), in his report, has emphasised that forest land in this densely-forested areas should not be used for mining purposes. In his report, submitted to the...
Even if we have three billion tonnes of bauxite reserves, the fact is these resources are still finite. Moreover, the experiences of Vedanta in trying to open bauxite mines in the Niyamgiri hills are, to say the least, disheartening. Former mines minister B K Handique had an occasion to say that...
By mine output, India is one of the leading producers of metals raw materials. However, the actual impact of Indian commerce on global mining is felt far more widely. Recent Indian mining investment has been broad-based, sizeable and reflects a willingness to invest in early stage and...
Lawmakers in Guinea, the world’s biggest exporter of bauxite, adopted a new mining code that will give the West African nation a 35 percent stake in commodity companies. “The code gives a correction to the old one for Guinea’s interests,” Mines Minister Lamine Fofana told reporters after the policy...
Mr Prabhas Pande former additional director general of Geological Survey of India said that stating that minerals are precious natural resources for any country. The minerals are nonrenewable in nature and limited in quantity. Mr Pande said that "Indians have been familiar with minerals since...
Exploration Orbite VSPA Inc.has announced today that it has filed an amended and restated 43-101 compliant technical report relating to its Grande-Vallée property, prepared collectively by Jean-Guy Levaque ing. and Raymond Simoneau ing. MBA, in addition to an amended and restated Annual Information...
Residents of Linden are expressing no-confidence in the management of bauxite company BOSAI fulfilling their recent commitment to have two dust collecting units operational by February 2012, saying that they have for many years been living on empty promises. Their claim was valid, according to...
EXISTING mines will be excised from the proposed Cape York world heritage zone under the Gillard government's revamped strategy to nominate much of the peninsula for listing by 2013. Environment Minister Tony Burke yesterday unveiled the plan to enter on the world heritage register a patchwork of...
