First Bauxite saw remarkable increase in share prices

First Bauxite, the Canadian natural resources company rose 27.27 percent last week. First Bauxite explores and develops bauxite deposits in Guyana, South America. The company is headquartered in Toronto and aims to become a “near term, medium-size producer and supplier of high-quality refractory grade calcined bauxite,” its website states. First Bauxite’s projects include Bonasika, which has five deposits with a measured and indicated mineral resource of more than 13 million tonnes. The project is located in Guyana’s historical coastal bauxite belt.
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