Alcoa prices $2.6b senior notes for South32 bauxite, alumina and aluminium deal
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
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...
Grow with
AL Circle
AP Govt cancels land allotment to AnRAK for sourcing bauxite
In a significant development, the State Government of Andhra Pradesh is understood to have cancelled the allotment of land to AnRAK Aluminium Limited in the Visakhapatnam Agency. The land was peviously alloted to AnRAK Aluminium for sourcing bauxite for its proposed alumina refinery. The then...
Appeal for bauxite mining to resume in Pahang
Pahang mineral operators have submitted a memorandum to the Natural Resources and Environment Ministry urging the authorities to reactivate bauxite mining. Pahang Mineral Operators Association vice-president Yap Soon Huat handed over the memorandum to the ministry's principal assistant secretary...
Moratorium cost bauxite miners RM800m; stockpiles clearing gains momentum
The bauxite mining moratorium that started in Pahang near Kuantan Port area on January 15 has had a rather serious effect on the operators' balancesheets. The Pahang Mineral Operators Association (PPMNP) claims, they have have suffered a loss of RM800 million since the government imposed the...
GoI to auction 42 blocks in Phase II including one bauxite in Maharashtra
The Government of India will be auctioning a total of forty three blocks in the second phase of mineral auctions during 2016-17. These blocks have been identified by seven state governments for auction under the Mines & Minerals Development & Regulation (Amendment) Act, 2015. The forty two blocks...
Consultation with villagers to commence over planned bauxite mining operations
Rural administration of the district of Wainunu in Bua, Fiji, is thinking of taking the villagers in their confidence before commencing any developmental work pertaining to bauxite mining in the region. At a district traditional meeting last week in Bua, Chief Tui Wainunu Ratu Orisi Baleitavea said...
China Hongqiao starts alumina output in Indonesia, up bauxite from Guinea
China Hongqiao Group Limited, the top primary aluminium producer in the country, is running a trial production at its one million tonnes-a-year alumina plant in Indonesia and will complete building another 1 million tonnes by the end of 2017, its Chief Executive Officer said on Monday. The capacity...
Bauxite operators complying with moratorium - Pahang CPO
Pahang police chief Datuk Seri Sharifuddin Ab Ghani said the results of monitoring conducted with several enforcement agencies found all parties including lorry drivers adhered to the temporary suspension on the bauxite mining activity. There have been no violations of the moratorium here since it...
Bauxite Resources review their half-yearly operations for period ended Dec 31
Bauxite Resources Limited (BRL) in their Interim Financial Report for the half-year ended 31 December 2015 have updated stakeholders on the status of their ongoing bauxite mining operations, business direction envisioned for the next half of the financal year, and strategy being devised by the...
Technavio announces top bauxite vendors in the Brazilian mining industry
Technavio has announced the top five leading vendors in their recent Brazilian mining industry outlook 2015-2019. Out of the top five vendors, three hail from the aluminium value chain, that is, they either have operations in bauxite mining or run integrated facilities including alumina refinery....
Niyamgiri bauxite mining logjam continues
Peeved over the Odisha government’s fresh bid to go for bauxite mining in Niyamgiri hills despite rejection by the Gram Sabhas, the Niyamgiri Suraksha Sangram Samiti has threatened to launch a big stir. Tribals of Niyamgiri on Tuesday sought the intervention of Governor SC Jamir to stop the State...
CMDC to offer licence for mining bauxite in Barima block
The Chhattisgarh Mineral Development Corporation (CMDC) would soon be offering license for mining and marketing of bauxite mineral from its Barima block in Sitapur district of Surguja district. Open-cast mechanized mining method with drilling and blasting is proposed for the project, officials...
First Bauxite Corp closes second tranche $11m non-brokered private placement
First Bauxite Corporation has announced the closing of the second tranche of a non-brokered private placement to Resource Capital Fund VI L.P. of a US$11 million principal amount secured convertible note bearing 8% interest and maturing August 1, 2017. The principal amount of the Note will be...
Former bauxite mine may be used as industrial area in Kuantan
The former bauxite mine in Felda Bukit Goh, Kuantan, may be developed as an industrial area if the land is no longer suitable for oil palm. State Felda Affairs Committee chairman Abu Bakar Harun said this was an alternative plan being considered to help the settlers after the stopping of mining...
SC begins hearing on Odisha's Niyamgiri bauxite mining
The Supreme Court of India has renewed the hearing of the case relating to bauxite mining over the ecologically vulnerable Niyamgiri hills in Odisha, a project that has been facing several obstacles ever since tribals nixed it in 2013 at the gram sabhas. A two-member bench of the apex court...
MP wants comprehensive DEIA on Kuantan's bauxite mining
Kuantan MP Fuziah Salleh has called for a comprehensive, detailed environmental impact assessment (DEIA) to be conducted on bauxite mining activities in the Pahang capital. "Considering that not a single EIA was done before issuing the licences for the mines, we don't really know the impact of...
Bauxite mines can be developed as industrial park
The former bauxite mine in Felda Bukit Goh, Kuantan, may be developed as an industrial area if the land is no longer suitable for oil palm. State Felda affairs committee chairperson Abu Bakar Harun said this was an alternative plan being considered to help the settlers, after the mining activities...
First Bauxite enters into second extension agreement with note holders
First Bauxite Corporation announced that it has entered into a second extension agreement with its note holders to extend from February 29, 2016 to March 8, 2016 the maturity date in all the outstanding notes issued by the company to Pacific Road Resources Funds and Resource Capital Fund V L.P. The...
Metro Mining receives Terms of Reference for Bauxite Hills EIS
Metro Mining Ltd has announced the receipt of the final Terms of Reference (ToR) for progressing the Bauxite Hills Project Environmental Impact Statement (EIS). The ToR incorporated the relevant comments and concerns raised during the recent consultation period. The ToR was delivered ahead of the...
