The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
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...
Grow with
AL Circle
Lindian Resources, the Australian Securities Exchange-listed West African Bauxite mining company has received “green signal” from the Ministry of Mines, Govt. of Guinea towards the conclusion of the acquisition of the massive, undeveloped Lelouma bauxite project in Guinea. The Perth-based mining...
Ukraine imported 4.03 million tonnes of aluminium ores and concentrate (bauxite) in the first ten months of 2020. That was an increase of 6.2% year-on-year, according to statistics released by the State Customs Service. Bauxite imports in monetary terms rose to $190.937 million January-October, a...
Danny Keating, the Chief Executive Officer of Lindian Resources quits just within three months of his appointment as the leader of the company. On 9 th November’20, the company announced it had mutually terminated CEO Danny Keating's contract with immediate effect. Lindian Resources said: "The hard...
Hon. Culwick Togamana, Minister of Environment, Climate Change, Disaster Management and Meteorology have supported the decision to decline the development of a bauxite mine on Wagina Island. Richard Pearshouse, Head of Crisis and Environment, Amnesty International, said: “This is a hard-won victory...
Australian Bauxite Ltd made public towards the submission of mining lease application for fully-funded Sunrise Bauxite Project, Binjour QLD. If the application is approved then the bauxite will be shipped from the port of Bundaberg. Australian Bauxite Limited that operates mines in Tasmania...
According to a recent report, Metallica Minerals Limited has entered into a sale agreement with Clear Logistics Australia Pty Ltd, a private company with experience in bauxite, heavy mineral sand and industrial sand, and gravel operations. The latter will purchase Metallica’s subsidiary company...
Julien Balkany, the Vice-Chairman of the Board of Directors at Sarmin Bauxite Limited, confirmed that it entered into a definitive investment agreement with Lindian Resources of Australia on September 23, 2020. The agreement represents the sale of 75 per cent of shares of Sarmin Bauxite to Lindian...
On 2 nd November’20, Vickram Bharrat, Minister of Natural Resources, Guyana, announced that he has already met with investors those are looking to develop the Tarakuli bauxite deposit located just over 10 miles away from Orealla (East Berbice/Corentyne). Natural Resources Minister, Bharrat along...
Australian Bauxite Ltd confirmed shipments of 33,915 tonnes of cement and fertiliser grade bauxites for three months to 30 September 2020. The Group’s available cash at the end of the quarter was $1.7 million and is currently is about $1.3 million. “Alcore’s Memorandum of Understanding with the...
Metro Mining reported production and shipping results for September quarter 2020. The company produced 1.062 million wet metric tonnes (WMT) of bauxite in September quarter, down from 1.419 million tonnes in June quarter. The year-to-date production came in at 2.481 million tonnes. The shipments...
On 26 th October’20, Jamaican Bauxite mining company, Jamalco mobilised work crews and equipment to remove a train that derailed between the communities of Rymesbury and Gravel Hill in Clarendon amid the recent heavy rains. On the crash site late Monday afternoon, Jamalco representatives were...
Rusal released its operating results for the third quarter of 2020 on October 27, 2020, revealing that its bauxite production decreased by 1.6 per cent quarter-on-quarter to amount to 3.829 million tonnes. In Q2, the company’s bauxite output was 3.89 million tonnes, increasing by 8.8 per cent...
Political tensions, a protracted health crisis and an elevated public debt burden cloud the outlook. FocusEconomics analysts see the economy contracting 5.7% in 2020 before growing 3.5% in 2021, which is down 0.1% points from last month's forecast. LatinFocus Consensus panellists see the Argentina...
Hydro has released sustainability report for its operations in Brazil in 2019. The report gives information regarding 2019 and some of the main milestones through August 2020. The report covers the company’s strategy and the main challenges and results in environmental and social issues of its...
Marcventures Holdings Inc. (MHI) is reportedly set to develop a bauxite mining property in Samar, once approved by the Mines and Geosciences Bureau. This will make MHI the only firm in the Philippines with bauxite as a mineral commodity. According to MHI president Isidro Alcantara, the company has...
The Australian Aluminium Council has welcomed the VBX Limited as a new member. In 2020, the Council created a new membership category, enabling bauxite explorers and mine proponents to join the Council. VBX is the first member of this category. VBX is the proponents of the Wuudagu Bauxite Project...
Canyon Resources Ltd has announced that Mr Dimitri Bacopanos joined the Board of as a Non-Executive Director. Mr Bacopanos’ appointment follows the completion of the successful A$10 million equity placement by the Company, including completion of the A$5.6m investment in Canyon by interests...
Increasing bauxite imports in India has caused an estimated forex loss of over $400 million in the last five years and missed opportunities to generate mass scale employment, a recent report found. This is despite India having the world’s fifth-largest coal and bauxite reserves, which are the two...
