If aluminium has a pressure point right now, it sits one step upstream of the metal itself - in alumina. China’s appetite for imported ore remains elevated, alumina markets diverge between regions, and disruptions in Guinea and Australia expose logistics risks. At the same time, tariffs and...
Alcoa’s proposed acquisition of South32’s aluminium assets in Australia, Brazil and South Africa is an important development for the global aluminium industry, particularly for South Africa’s primary aluminium production. Aluminium Federation of South Africa (AFSA) CEO, Muzi Manzi, said, “On July...
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Several residents of Stepney, Nine Miles, Higgins Land and neighbouring communities in rural St Ann have said they are worried that they have not been able to identify suitable parcels of land on which to continue farming since they were displaced by bauxite mining expansion. The disgruntled...
The Tanzanin government will continue to support small scale miners and address various challenges they are facing including lack of equipment and reliable markets. The Minister for Energy and Minerals, Prof Sospeter Muhongo, said this during talks with representatives of small scale miners here on...
A slowdown in alumina and diamond production in early 2012 is jeopardizing Guinea's target for securing economic growth of 4.7 percent for the year as a whole, an economy and finance ministry official said on Monday. Guinea, the world's largest exporter of the aluminium ore bauxite, has seen...
The operations of Ghana Bauxite Company are being disrupted as a result of the company’s inability to transport a chunk of its ore to the Takoradi Port. The deplorable state of the Western Rail Lines is negatively affecting the company, which is a major producer of bauxite in the country. Dan...
The amount of bauxite shipped out of Ghana in 2011 reduced significantly by 22%, the Ghana Chamber of Mines said in its latest mining sector report released June 6, 2012. The Chamber’s report indicated that 400,069 tonnes were shipped in 2011 down from 512,208 tonnes in 2010. As a result of the...
Alecto Minerals plc, the AIM listed multi-commodity exploration and development company with projects in Ethiopia, Mauritania, and an option over a highly prospective bauxite asset in Guinea, announces its audited results for the year ended 31 December 2011 and gives notice of its AGM to be held at...
Alecto Minerals plc, the AIM listed multi-commodity exploration and development company with projects in Ethiopia, Mauritania, and the right to acquire a highly prospective bauxite asset in Guinea,announces that it has raised £1,472,500 by way of a placing of 95,000,000 New Ordinary Shares at 1.55p...
Alecto Minerals plc, the AIM listed exploration and development company with gold and base metal projects in Ethiopia and Mauritania, announces that it has been granted a 30 day extension to its due diligence exclusivity period contained in the option agreement ('the Agreement') relating to the...
The global market for Bauxite and Alumina is forecast to reach 211.3 and 76.2 million metric tons, respectively, by the year 2017. With global economy on the growth path post recession, both production and consumption levels are expected to display a positive trend, spurred by rising demand from...
Anglo Aluminum Corp. (TSXV:ALU) says it plans to spin off its Mamou-Dalaba bauxite permits into a new publicly listed company to be called Africa Bauxite Corp. The four permits that make up the Mamou-Dalaba project cover about 1,800 square kilometres in southwest Guinea. Anglo Aluminum said the...
Anglo Aluminum Corp. ("Anglo") (TSX VENTURE:ALU) announces that it intends to reorganize its business by transferring all of the issued and outstanding shares of its wholly- owned subsidiary, Société Guinéenne de Fer et de Bauxite ("SGFB"), a company incorporated under the laws of the Republic of...
The benefits of environmental awareness starting at home may well surpass consumers' expectations, writes Anna-Marie Smith THE notion of & reduce, re-use and recycle& is well supported by an increasing number of industry professionals, organisations and associations sharing the common goal of...
South Africans are spearheading a new bauxite thrust in Guinea, which hosts a quarter of the world’s bauxite reserves. Adonis Pouroulis, better known as the initiator of Petra Diamonds – now listed on the main board of the London Stock Exchange – is leading Alufer Mining Limited’s thrust from...
Bauxite, though contributes about one percent of the total mineral export receipts for the country, has the potential of becoming Ghana's second most important mineral after gold. For this reason, the Third World Network-Ghana (TWN) in October, 2010 commissioned a study to examine the...
A study into the mining of bauxite in Ghana has recommended government policy that makes it mandatory for foreign companies that want to mine the resource to establish a refinery plant. This would help maximise the potential in the sector. It said while most foreign companies that had held equity...
Angola's $500 million plan to build a bauxite mine and deepwater port in Guinea Bissau has stalled, with nearly no work done since the project was officially inaugurated in July 2011, officials said. The project, first signalled by Angola in 2008 after it won rights to a mining concession in the...
The Chairman of Sierra Leone Mining and Exploration Company (SLEMCO), Mr. Alieu Mohamed Sesay, is currently marketing Sierra Leone to investors from across the world, as investment friendly destination. At the 18th Bauxite and Alumina Seminar that took place in Miami, Florida, USA from 6th to 8th...
The agreement coincides with a deal to explore new mining opportunities signed by the government of Guinea and a Middle East investment fund, which also employs Mr Blair as an adviser on business matters. That contract potentially opens Mr Blair up to accusations of a conflict of interest — as an...
