Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
What happens when the world’s biggest bauxite supplier produces too much of the one commodity it dominates? Guinea’s bauxite market is offering a striking answer. Record exports have strengthened its position in global trade, but the surge in supply has also pushed prices lower. Australia,...
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Canyon Resources Limited moves ahead with another milestone development for their Minim Martap Bauxite Project in Cameroon by submitting the ‘Environmental and Social Impact Assessment’ (ESIA) on 1st June 2021 to the Ministry of Mines, Industry and Technological Development (MINMIDT). An...
On June 9, 2021, Bauxite (6.5≤Al/Si＜7.5) price in Guangxi, China, has recorded a rise of RMB 15 per tonne after remaining restrained for over a year, found the Shanghai Metals Market. The price has rebounded to RMB 280 per tonne since its last plunge to RMB 265 per tonne on May 26, 2020. The...
The Covid-19 third wave has slow down the economic recovery of Germany at the beginning of 2021. The economy shrank 1.7% in the first quarter compared to the previous three months, according to official data. On the other way, the bauxite importation of the country has revealed better growth from...
Bauxite market this week saw a few developments such as Ghana’s confirmation on the ongoing process of expanding the existing bauxite mine in Awaso and developing additional mines in Nyinahin and Kyebi. The West African nation Ghana, which ranks as one of the fastest-growing economies in Africa and...
The metal aluminium stands as a crucial role player for all the major sectors that will shoulder the Indian economy to reach the goal of $5 trillion. The mammoth mineral resources and their exploitation have always remained as the backbone of the Indian metal sector including downstream production....
The Franco-Guinean bauxite tycoon Fadi Wazni chaired SMB-Winning Consortium has been building a railway track for more than 2 years to be used for the exploitation of its mining activities. On 25th May 2021, the first rail link which connects the mining area of Santou to the new river port of...
The West African nation, Ghana which ranks as one of the fastest-growing economies in Africa and where bauxite mining keeps on to be the most happening news in the past few months, has confirmed the ongoing process of expanding the existing bauxite mine in Awaso, as well as developing additional...
Canyon Resources Limited has made public that it has executed a Cahier de Charges, with the State of Cameroon (“Agreement”), in regards to the development of the Company’s Minim Martap Project. The Agreement, which was originally proposed by the Ministry of Mines in Cameroon and following...
The US import of crude and dried bauxite further decreased on quarter and stood at 695,000 tonnes in Q1 2021 ended on March 31, found the Geological Survey data. The import plunged by 82,000 tonnes or 10.55 per cent from 777,000 tonnes in Q4 2020. On the downward part of the world, Australian...
The Government of Jamaica is dedicated towards the collection of approximately $2.8 million that is owed to the Jamaica Bauxite Mining Limited. Jamaica Bauxite Mining Limited (JBM) is a Government-owned Company (a Public body) with a business enterprise mandate. The Company holds 51% equity on...
The Jamaican Minister of Transport and Mining, Robert Montague stated that the government has revised the Cockpit Country mining agreement. As confirmed by the minister, the amendment incorporates the eradication of 6,000 hectares of land, which are adjoining to the Cockpit Country, from the...
The United States import of crude and dried bauxite further decreased on quarter and stood at 695,000 tonnes in Q1 2021 ended on March 31, found the Geological Survey data. The import plunged by 82,000 tonnes or 10.55 per cent from 777,000 tonnes in Q4 2020. On a year-on-year calculation, the...
On 24 th May 2021, Australian Bauxite Limited announced that it had raised AUD 3.25 million from new institutional and sophisticated investors and directors through a fully subscribed share placement with attaching options. Australian Bauxite’s Tasmanian aluminium fluoride production plans and an...
The developer of the world-class Minim Martap bauxite project in West African nation Cameroon, Canyon Resources Limited declares that it has accomplished its updated JORC (2012) Ore Reserve estimate for the Minim Martap Bauxite project. The updated JORC (2012) Proved Bauxite Ore Reserve estimate is...
The Australian exploration and mining company based in Brisbane, Queensland, Metro Mining Limited with its flagship project, the Bauxite Hills Mine is restructuring its boards, which includes the appointment of Douglas Ritchie and Simon Wensley as non-executive directors. Following the...
On 20 th May 2021, the bauxite explorer, producer and mining company, Australian Bauxite (ABX) has called for a two-day trading halt, as it all set to tap investors for some new funding through a capital raising plan. However, ABX is yet to detail the amount it is going to raise or the way to raise...
The pandemic-hit Italian economy is predicted to grow 4.1% in 2021 and 4.2% in 2022 in an “uncertain ascent from the abyss”, the country’s business lobby Confindustria said in April 2021. The European nation at the Mediterranean coastline, Italy registered bauxite importation of 86,447 tonnes...
The African focussed minerals exploration company Canyon Resources has upgraded the bauxite resources of its Minim Martap project in Cameroon following a grade definition drilling effort. Canyon confirmed the resource remains high in alumina and low in silica, containing 1.03 billion tonnes at...
