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...
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A subsidiary of Emirates Global Aluminium (EGA), Guinea Alumina Corporation is about to secure financing of US$700 to US$750 million for a new bauxite project in the Republic of Guinea, EGA’s chief financial officer Danny Dweik told Reuters on Monday, March 11. He confirmed that the financing is...
Indonesian state miner PT Aneka Tambang (Antam) recorded a profit of 874.42 billion rupiah ($61.06 million) in 2018, compared with 136.50 billion rupiah in 2017. The increase was due to higher output and sales of commodities such as nickel and bauxite, as well as lower costs. Antam achieved revenue...
Metro Mining has reportedly appointed MBA and honours degree graduate Fiona Murdoch to its board. Murdoch is delighted to be joining the board and looking forward to contributing skills to ensure that Metro maximises all available opportunities, said herself according to the report. Giving her...
Rio Tinto has completed commissioning of the Amrun bauxite mine in Queensland, Australia. The company said that the mine and associated processing and port facilities will replace production from Rio Tinto’s depleting East Weipa mine. Rio Tinto will increase annual bauxite export capacity by around...
Lindian Resources Ltd announced that it had lodged applications for two additional tenements with a total area of 96.85 square kilometres. The new applications follow the identification of new areas of high-grade bauxite mineralisation across both the PL/13400/2018 and PL/13564/2019 tenements...
Russian news agency, Sputnik, reported yesterday, March 3 that the parent company of Bauxite Company of Guyana Inc. (BCGI) RUSAL has suspended their bauxite operation due to the on-going strike by the workers. The media report also confirmed moving of all mining equipment to a warehouse after...
Chinese-owned Bosai Minerals Group Guyana Inc. is reportedly investing US$23 million as part of its expansion plan for Linden, Region 10, bauxite operations. The news arrived after Bosai made the announcement on Friday morning, March 1, which also said that this expansion would create additional...
Kuantan MP Fuziah Salleh reportedly said that bauxite mining activities are unlikely to resume in a month’s time. Explaining further, she said that the mining activities look difficult to restart in next one month time because Pahang government has not yet made standard operating procedure (SOP)...
The Water, Land and Natural Resources Ministry of Malaysia said in a statement that the government would be holding a public hearing and engagement with all parties on the new bauxite mining Standard Operating Procedure (SOP). The ministry said this initiative is taken to improve the SOP that...
Developing an integrated aluminium industry with the help of private investors from all around the globe is the goal of Ghana’s government. Such was the message from President Nana Akufo-Addo to Parliament late last week, assuring that a request for proposal would be sent out by the end of...
Emirates Global Aluminium announced that the final major piece of equipment for its under-development bauxite mining project has arrived in Guinea. The Barge Loader will now be installed at the end of the mining project’s 1.5 kilometre pier, where it will load bauxite ore into self-propelled barges...
Metro Mining Limited plans to expand bauxite production its Bauxite Hills project in Far North Queensland by 17% to 3.5 million wet metric tonnes (wmt) during 2019, a news report from proactiveinvestors AUSTRALIA says. In its half-yearly report for the period ending December 31, 2018, the company...
As on February 25 2019, as reported by Shanghai Metals Market; average Bauxite (6.5≤Al/Si＜7.5) price in Guangxi dropped RMB 30 per tonne to RMB 270 per tonne. The average price is expected to stay within a range of RMB 220-RMB 320 per tonne. The average Bauxite (5.5≤Al/Si＜6.5) price also declined...
Malaysia health minister Dzulkefly Ahmad reported that his ministry is constantly monitoring the health of residents who live around bauxite-mining areas near Kuantan. He said the monitoring is carried out by obtaining regular health reports from various health and medical facilities in the area....
A local media update from Malaysia today says that the moratorium on bauxite mining activities will be lifted in April 2019. This was announced by the Water, Land and Natural Resources Ministry of Malaysia. Minister Dr Xavier Jayakumar added that the order will require clearance of the existing...
According to a recent report, unlicensed mining of bauxite is still found continuing on the islands of Angkut, Dendang and Bukit Bati in Bintan, Riau Islands, despite a government call to end the activities. "I do not know why they still continue to mine the bauxite,” said the head of Bintan and...
According to a recent report, a show cause notice has been served to the Utkal Alumina’s Baphlimali Bauxite Mine for cancellation of mining lease for allegedly failing to comply with environmental norms. As per the report, the State Pollution Control Board (SPCB) has served a show cause notice on...
TSX-V-listed Altus Strategies has reportedly reached a Joint Venture Termination agreement and a Sale & Purchase agreement with ASX-listed Canyon Resources, which dictate the dissolution of their existing partnership dated back to December 23, 2013. Per the agreements, Altus will transfer all of...
