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
Mines auction likely from Oct-Nov; Centre clears 58 blocks in 12 Indian states
The much-awaited auction of mineral-bearing mines, including with iron ore and bauxite, is expected to start from October-November with the Centre handing over a list of 58 explored blocks to 12 producing states. "Mines auction is expected to begin from October-November. MECL has handed over...
Rio Tinto offers Australian miners free laser tech for high quality bauxite
Global mining giant Rio Tinto plans to share their non-confidential laser mineral analysis technology free of cost with the upcoming exploration companies in Australia to facilitate the discovery of high quality mineral reserves in the country. The technology was developed by geoscientists at the...
Metro Mining signs non- binding off-take agreement with China Xinfa Group
Brisbane based Metro Mining Ltd and China’s Xinfa Group have signed an Off-Take Memorandum of Understanding aimed at pre-committing half of Metro’s Bauxite Hills Project production for the first five years. Xinfa Group Ltd is a long standing major shareholder of Metro Mining. Whilst the initial...
Pahang’s bauxite mining areas under AELB’s scanner
The Atomic Energy Licensing Board (AELB) has taken samples of water, soil and bauxite in mining areas in Pahang said to be unleashing radioactive elements for analysis. Menteri Besar Datuk Seri Adnan Yaakob said the samples were taken last Aug 3 at the river and beach in Pengorak and the result...
Test run underway at Vietnam’s Nhan Co refinery plant
The Nhan Co refinery plant in the Central Highlands province of Dak Nong, Vietnam is running test productions through the end of September, said Head of the project’s management board Nguyen Thanh Liem on July 30. Constructed within a 65-hectare mine, the plant is designed to process more than 1.8...
Aziana Ltd.’s Manantenina Bauxite Project sale not to proceed
Aziana Limited informed their shareholders that the prospective sale of its Manantenina Bauxite Project will not be proceeding. The prospective buyer has today notified the company in writing of its intentions not to proceed. The company will continue to seek a commercial outcome for the project...
No immediate plans to shut down bauxite mining operations in Pahang
The Pahang government has no plans to immediately shut down bauxite mining operations here despite reports of the hazards to public health and environment. Menteri Besar Datuk Seri Adnan Yaakob said a shutdown order could not be issued as “issues like loss of income for landowners, mining workers,...
Global bauxite reserves stand at 28.1bnt as of January 2015
Global bauxite reserves were estimated to be 28.1 billion tonnes (bnt) as of January 2015. The production rose on the back of buoyant demand for aluminium in the global market place. In 2014, production of bauxite was 263 million tonnes (mt), down by 3.7 per cent from same period previous year. A...
First Bauxite receives NI 43-101 Compliant Technical Report for its Feasibility Study on Bonasika bauxite project
On behalf of the Board of Directors of First Bauxite Corporation, Alan Roughead, President and CEO announced that First Bauxite Corporation has received the NI 43-101 Compliant Technical Report with respect to its Feasibility Study to produce ceramic proppants from its Bonasika bauxite project. On...
Vinacomin wants environment fee on bauxite projects slashed
Vinacomin made the proposal at a meeting held in Quang Ninh Province last week to discuss new regulations on the environmental protection fee for mining activities though the ministry turned down such a proposal for several times in the past. The current environmental protection fee on bauxite...
Construction starts on Mining Training Centre for the Yolgnu people
A new Mining Training Centre being developed for the Yolngu people of northeast Arnhem Land with $2.4 million in support from Rio Tinto will have the capacity to train up to 24 people at a time. Construction of the new Centre is set to start on the Dhupuma Plateau site, where accommodation and a...
Severe frost delays bauxite shipment from Tasmania's new mine
Operations in Bald Hill mine, Australian Bauxite's newest aluminium ore mine near Campbell Town, Tasmania are being hit badly by severe frosts that have been bringing temperatures below average over the last couple of months. Workers are facing difficulty coping with the unexpected ice. This has...
Bauxite miners' land title claims in Solomon Islands declared legal
The land title claims by two bauxite mining companies in Rennel and Bellona Province in Solomon Islands have been declared legal by the attorney general. Bintan Company Ltd and Asia Pacific Investment Development have been embroiled in complicated battles for land and mining rights which have...
Nalco may include mining in its diversification plans
State-run National Aluminium Co is mulling over the idea of exploiting its core competence of mining to offset the fall in prices of aluminum. Nalco's new chairman and managing director, TK Chand, who met Odisha Chief Minister Naveen Patnaik on Monday, is also hoping that the company can soon mine...
Fiji miners to hunt their own power sources and refine locally
The Parliamentary Standing Committee on Natural Resources, Fiji says future large scale mining operations may have to provide their own power sources and conduct refining processes locally. Committee chairman Joeli Cawaki said this was one of the recommendations being considered after hearing...
Pahang Govt to issue mining licenses to contractors of Felda Bukit Goh
The Pahang government has been urged to issue bauxite mining licences to 32 contractors who have made deals with settlers of Felda Bukit Goh to carry out mining on their land. Bukit Goh Bauxite Coordinating Committee chairman Abd Wahid Abd Manaf held a closed-door meetiung with the bauxite...
Odisha to provide raw material to Vedanta Aluminium through OMC
Odisha Government will provide raw material to Vedanta Aluminium through Odisha Mining Corporation (OMC) to feed its refinery plant at Lanjigarh in Kalahandi district. This was informed by the Steel and Mines Minister Prafulla Mallick on Wednesday. The Minister said the government is taking steps...
South32 Worsley Alumina selects MAXAM as their solutions provider for Boddington Mine
As part of a global tender for services and products, MAXAM Civil Explosives’ has been selected for 3 years as Worsley’s explosives and solutions provider at the Boddington Bauxite Mine situated in the south-west region of Australia. The South32 Worsley Alumina asset consists of the bauxite mine...
