Bonasika Bauxite, a direct shipping ore (DSO) project, whose development has been initiated in Guyana. Guyana Industrial Minerals (GINMIN), a subsidiary of First Bauxite Corporation, remains the project developer.
As per the plan, Bauxite from the Bonasika project will undergo mining and beneficiation in Guyana, with calcination and sintering to be conducted in Louisiana, US.
On 20th February’20, the inauguration of the mining operation was done by a ribbon-cutting ceremony in the presence of the Executives of First Bauxite/Guyana Industrial Minerals and the government delegation comprising then Minister of Natural Resources Raphael Trotman, Minister of Finance Winston Jordan and Prime Minister Moses Nagamootoo.
The bauxite production embarked last year between 100,000 and 150,000 tonnes.
Elliott Lincoln, President of Guyana Industrial Minerals (GINMIN), a subsidiary of United States-based First Bauxite (FBX), said: “Operations remain in a ‘soft production’ phase, a year after the mine and processing plant were commissioned at Bonasika in Region Three.”
Lincoln added: “The COVID-19 pandemic has disrupted their plans to increase production and forced the company to make decisions in the best interest of their employees.”
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