Ashapura targets INR 100 billion bauxite revenue opportunity as Guinea volumes rise
Ashapura Minechem is preparing for its next phase of growth by expanding its Guinea bauxite operations while shifting its Indian business towards higher-value mineral products. The company is targeting 15 million tonnes of annual bauxite volumes by FY28, a level management believes could generate...
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...
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Bauxite Resources looks to establish a new alumina refinery in Western Australia
Global demand for bauxite seems to be on the rise again according to the head of a West Australian exploration company. Bauxite Resources executive director and CEO Peter Canterbury said global demand for aluminium is a positive for the mining sector in the south west of the state, despite a recent...
AP Investment associate calls for investments on Renbel bauxite
An associate of Asia Pacific Investment Development (APID), Henry Star Dora says the Renbel Government and people should encourage investment of the Renbel bauxite. He made the statement in Honiara yesterday following the recent revocation of a mine prospecting license and a mine lease granted to...
Prima Resources updates on Bauxite Residue Reclamation for Gove Alumina Project
Prima Resources held a preliminary meeting in Darwin with Nhulunbuy Indigenous Group/Company regarding the future of the Bauxite Residue Storage Area and the Alumina Refinery at Gove currently owned by Rio Tinto. It was decided that discussions take place with the possibility of Rio Tinto returning...
Vedanta’s bauxite mining survey in Koraput district stopped due to local protest
Vedanta had proceeded to survey the land at Danga Deula hill in Koraput district along with officials from the mining department on Friday but was forced to stop their survey work due to opposition from the villagers. Vedanta’s mining plans are not going well as they have already been refused...
Anglo African Minerals speeds up its Guinea-based bauxite project
Anglo African Minerals, an Ireland based company is planning to speed up the development of their Gunieau-based bauxite project of 43-million ton so that it can start production by 2016. The project spread across 338 km square and once it takes off, it will ease the tension caused by the ban on...
Vietnamese authorities to inspect controversial bauxite-mining plant
Vietnamese authorities say they are carrying out inspections at a controversial bauxite-mining plant where a break in a waste containment reservoir caused a spillage of sludge last week, raising public alarm about its environmental impact, according to reports. Local news organizations that...
New bauxite reserve discovered in Felda could turn settlers into millionaires
The quiet settlement of Felda of Bukit Goh is about to get a windfall making them sudden millionaires, in lieu of the large bauxite deposits found in the area. Rumors of the possibility of bauxite deposits were first heard during the recent Ramadan period but settlers did not reveal anything. Now...
Australian Bauxite secures A$8 million investment from Nobel Resources
Australian Bauxite had secured a mining lease last month for the Bald Hill project in Tasmania and now they have even secured an investment of A$ 8 million from a commodities group named Noble Resources. The agreement finalized between the two parties ensures Australian Bauxite receives A$ 6...
Xinfa Bauxite Mining Ltd gifted $239k as goodwill for clan
Members of the Naita landowning unit in Lekutu were all smiles yesterday as they received a $239,000 cheque from the Xinfa Bauxite Mining Ltd yesterday. The cheque is for the goodwill and lease payment for the mining company's new 20-year lease on 25 acres of mataqali land. Speaking at the handing...
Study can help miners assess bauxite exposure
Most occupational diseases among miners cannot be treated or reversed. In order to help these miners be wary of the health hazards, National Institute of Miners' Health (NIMH) has conducted a first-of-its-kind study to identify three biomarkers, or cell components, that can help assess the level of...
Vedanta embarking on doubling alumina refining capacity in Odisha
Azad of the Niyamgiri Suraksha Samiti said the authorities at the public hearing didn't record the tribals' objections and neither did it meet other norms for such hearings. What Azad and other critics of the project, such as Amnesty International, ask is where will Sesa Sterlite get the bauxite...
Australian Bauxite confident on Tasmanian project financing
Australian Bauxite (ASX:ABX) has reported it is in negotiations for financing of its Bald Hill bauxite project in Tasmania. The project has received a Tasmanian Mining Lease for the mine. Negotiations are understood to be well advanced and that the funding is now focussed on clarifications of key...
Prima Resources : BMMF - Manjimup Project
Prima Resources Bauxite Mine & Metals Facility Project – Manjimup WA, announced that it will open a Prima Community Office in Manjimup commencing 11-Oct-2014 for one month. The BMMF- Manjimup Project is a 1.0 MT/Yr Bauxite Ore and Metals Extraction Facility in Manjimup. The Prima Community Office...
Queensland Bauxite samples up to 55% total alumina
Queensland Bauxite (ASX:QBL) will look to deliver a Scoping Study within weeks for the South Johnstone Bauxite Project in Queensland. The study is proceeding to plan to assess the potential economic viability of the development of a bauxite mining operation. The company continues to advance...
Metallica Minerals receives further funding from China for Queensland project
Metallica Minerals has revealed that a further A$900,000 has been received into the Joint Venture bank account under the Cape York Heavy Mineral Sands (HMS) and Bauxite Joint Venture Agreement. The Chinese investor is using a wholly-owned Australian subsidiary named Ozore Resources Pty. Ltd, and...
Bauxite mining awareness in Rendova island, Indonesia
Bintang Borneo Mining company from Indonesia and officials from the Ministry of Mines and Energy are conducting awareness onBauxite mining around Rendova Island in Western Province this week. They are currently in Munda to conduct the mining awareness. Speaking to the Solomon Star in Munda over the...
Peter Wall replaces John Morris as chairman in Aziana Limited
Peter Wall will soon become the new chairman of Aziana Liminted replacing John Morris. The switch will come into effect on 30th September 2014. Wall is a Perth-based corporate lawyer with an experience of over 14 years with expertise in a wide array of corporate and commercial issues. His specialty...
Naidu’s tough fight to make Andhra Pradesh a key center for aluminium
Andhra Pradesh can become a key center for alumina and aluminium production if the state’s natural resources can be adequately utilized, ranking second only to Odisha. India has bauxite resources of nearly 3.48 billion tonnes of which 18 percent belongs to Andhra Pradesh. However, constant...
