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...
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Metro Mining on fast track to bauxite production, increase in reserves
Metro Mining is on a roll after announcing a 398% increase in its ore reserve at the Bauxite Hills Project from 12.1 million tonnes to 48.2 million tonnes, enough for a 27 year mine life. However, even better news, the project at Cape York in Queensland could be in construction mode in second...
India's Nalco gets access to Pottangi reserves for refinery project
After over two decades of waiting, India's largest integrated aluminium producer National Aluminium Company Limited (Nalco) will commence mining operations at the Pottangi project, in the eastern province of Odisha, where bauxite reserves have been estimated at 70-million tonnes. According to a...
Odisha wants Sasubohumali bauxite mines for OMC
After securing the Karlapat bauxite mine in favour of Odisha Mining Corporation (OMC), the state government has moved the Union mines ministry to reserve yet another bauxite deposit - Sasubohumali mine in the name of the state-owned PSU. "The government has already written to the central mines...
Queensland Bauxite identifies new regional areas of bauxite mineralisation
Queensland Bauxite’s recently concluded regional drilling program at the South Johnstone Bauxite Project in northern Queensland has identified 19 additional regional areas of mineralisation. The company is now carrying out infill drilling of the currently identified bauxite areas to report quality,...
Odisha to push OMC's case for mining lease over Karlapat
The state government would move the Union ministry of mines to recommend grant of mining lease (ML) over Karlapat bauxite mines in favour of Odisha Mining Corporation (OMC). The Centre, in March this year, had decided to allocate the Karlapat deposits to the state run miner following a request from...
Asdion Bhd secures its first logistic contract for the supply of bauxite
IT firm Asdion Bhd is venturing into logistics business securing its first contract worth US$112mil (RM414mil) with Hong Kong International Mining Exchange Ltd (HKIM) for the supply of bauxite, the company told a local newspaper on Wednesday. Under the agreement, Asdion’s subsidiary will provide...
Canyon Resources has drill rig turning at Cameroon bauxite project
Canyon Resources has moved a drill rig on to its bauxite project in Cameroon to follow up promise from earlier drilling that saw grades of bauxite encountered as high as 50% Al2O3 and low silica. Drilling will test 15 newly defined targets over the Mandoum and Birsok permits before the onset of the...
Metro Mining reports 398% increase in its bauxite hills ore reserve
The ore reserve at Metro Mining Ltd’s Bauxite Hills Project near Weipa has increased by 398% – from 12.1 million tonnes to 48.2 million tonnes. The company requested a share trading halt yesterday (Monday 1 June 2015) pending an announcement to the ASX today. Geological modelling updates provided...
"By lowering our own emissions, increasing recycling and helping our customers develop products that enable CO2 savings; we aim to make carbon neutrality a reality." Mr. Alberto Fabrini, Executive Vice President - Head of Bauxite and Alumina, Hydro, Brazil
Brazil is Hydro's main source for bauxite and it employs more than 6,000 people in the country for their business in the aluminium value chain. Hydro extracts bauxite in Paragominas and Trombetas and refines bauxite to alumina at the world's largest alumina refinery, Alunorte. AlCircle had an...
Metro Mining to reveal resource and reserve upgrade
Metro Mining is focussed on the Bauxite Hills Project which is located in the world renowned bauxite province of Cape York, in Queensland, Australia. At the project pre-development and approvals have commenced, with a Pre-Feasibility Study completed. Production is on schedule for Q3 2016. The...
High demand spurs expansion in Compagnie des Bauxites de Guinée
Compagnie des Bauxites de Guinée (CBG), a bauxite miner in Guinea is planning an expansion worth $1 billion to meet the growing demands and increase its production to 23.5 million tons per year by 2018, announced the director general of the firm on Friday. Halco Mining consortium, controlled by...
ALPART brings hope for job opportunities in bauxite industry at St Elizabeth, Jamaica
Expectations are high in Junction, St Elizabeth, as stakeholders are of the view that the impending reopening of the Alumina Partners of Jamaica (ALPART) bauxite processing plant, and new opportunities in the agriculture and business process outsourcing (BPO) sectors should churn out numerous jobs...
Australian Bauxite Ltd discovers high grade bauxite at New Portside Production Centre
Australian Bauxite Limited has started its first bauxite mine in Tasmania and holds the core of the Eastern Australian Bauxite Province. ABx's 37 bauxite tenements in Queensland, New South Wales & Tasmania exceed 5,000 km2 and were selected for good quality bauxite, good infrastructure as they are...
Odisha proposes bauxite mines lease for L&T
Ending years of uncertainty, the Odisha government has recommended to the Centre for allotment of two bauxite deposits, Kutrumali and Sijimali in south Odisha, to engineering & construction giant Larsen & Toubro (L&T). L&T held the prospecting licence (PL) for these deposits for last two decades....
Aurum Exploration Fiji targets to plant 50,000 pine trees this year
The Aurum Exploration Fiji Limited has targeted to plant 50,000 pine trees this year as part of the rehabilitation works after the completion of the Nawailevu Bauxite Mining site in Bua. Managing Director, Sireli Dagaga said they only have 5,000 pine trees to cover the mine area before they move...
Disputes over bauxite export permission
A Concern Rennell landowner has called on Prime Minister Manasseh Sogavare to remove Members of Parliament and senior government officers who have given the nod to PT Mega Bingtang Borneo Ltd to export the stockpile of bauxite out of country. The landowner who declined to have his identity revealed...
Indian states to start auction of 200 mines next month
Beginning next month, eight mineral-rich states will start the e-auction of 200 mines with iron ore, limestone and bauxite deposits. The states have been empowered by the centre to auction mines with these three mineral resources. These 200 mines are mainly concentrated in Rajasthan, Jharkhand,...
Jamaican Labour Party candidate urges changes in bauxite mining
Zavia Mayne, the Jamaica Labour Party's caretaker/candidate for South West St Ann, is pressing the Government to revisit bauxite mining operations in St Ann and other sections of Jamaica in light of the issues associated with the current practice of extracting the ore. "We support bauxite mining...
