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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Australian Bauxite Limited received a Pre-Feasibility Study report for the Goulburn Bauxite Project
Emerging bauxite development company, Australian Bauxite Limited has received a Pre-Feasibility Study (PFS) report by Como Engineers and a Stage 2 Mine to Port Logistics Study by GHD for the Goulburn Bauxite Project in Southern New South Wales. Whilst this work was in progress, ABx discovered the...
Utkal Alumina road continues to get blocked by locals
Villagers in Rayagada's Kashipur block continued to obstruct the road leading to the mines of Utkal Alumina International Limited (UAIL) for the fifth consecutive day on Thursday demanding development of the area. Sources said tribals have detained six heavy vehicles of the company at Kupakhal...
Minister cancels 7 bauxite mining licences in Visakhapatnam India
Union Tribal Welfare Minister Kishore Chandra Deo has vetoed the move by the AP Government to undertake bauxite mining in the eastern ghats of Visakhapatnam district and brought the curtains down on the controversy raging over the issue for the past few years. He has revoked seven mining licences....
Kwakwani Residents angered by APNU’s decision to block investment and employment
Residents of Kwakwani and surrounding communities are angry at the recent comments by A Partnership for National Unity (APNU) Executive Member, Lance Carberry that the party will be challenging the recent Mining Licence issued to RUSAL to expand its bauxite operation “We met with officials from the...
South Africa keen to mine in Odisha
Notwithstanding the series of controversies gripping mining in Odisha, South Africa on Monday evinced interest to invest in the mineral sector in the state. "Odisha is a mining state and South Africa is a mining country. We have a lot of similarities. Therefore, Odisha is strategically important...
Odisha to reserve mineral bearing areas for Odisha Mining Corporation (OMC)
Responding to the demand from various quarters, the state government has decided to reserve areas bearing iron ore, manganese ore, chromite ore and bauxite for undertaking prospecting and mining operations through Odisha Mining Corporation (OMC), the state controlled miner. The government would...
Queensland government opens tenders on Aurukun bauxite lease
The Queensland government is calling for new expressions of interest over a vacated lease to mine bauxite on Cape York. The Aurukun bauxite lease was first issued to French company Pechiney in 1975, but was not used for 28 years and was repealed. The tender was then issued to Chinese miner Chalco...
Australian Bauxite Limited Tasmania Drill running successfully
Emerging bauxite development company, Australian Bauxite Limited is drilling ahead of schedule in Tasmania at Bauxite Deposit DL-130 located 65km south-south-west of Bell Bay deepwater port in a privately owned plantation that is under harvest. Thicker than expected bauxite has been encountered up...
Queensland Government plans to revive Cape York bauxite mining
The Queensland Government has used a Community Cabinet meeting in the states far north to talk up plans for more bauxite mining on Cape York. Deputy Premier Jeff Seeney says he wants to revive plans to mine the lucrative bauxite deposits near the Aurukun Aboriginal community, north of Cairns....
GMDC floats tenders for bauxite calcination plant in Kutch
State-promoted listed company Gujarat Mineral Development Corporation Ltd has floated tenders to sell its bauxite calcination plant in Kutch district. This comes at a time the PSU is busy setting up a Rs 12,000-crore joint venture with Nalco in the State. The plant, having a production capacity of...
Chief Minister to help co-ordinate a new gas pipeline to Gove bauxite mine
Northern Territory Chief Minister Terry Mills says his government will do all it can to help co-ordinate a new gas pipeline to a bauxite mine in Arnhem Land. The Gove bauxite mine and alumina refinery are the chief employers in the nearby town of Nhulunbuy in Arnhem Land but have been making a loss...
Local Employees, Affected Community come forward for Vedanta Aluminium
Around 700 people, including employees and families displaced by Vedanta Alumina Limited at Kalahandi's Lanjigarh, met the district collector at Bhawanipatna on Tuesday and requested him to ensure supply of bauxite to the factory so that it does not shut down. They said closure of VAL would affect...
Job fears loom large over Nhulunbuy bauxite mine employees
Reports of Nhulunbuy's bauxite mine being on brink of closure have been dismissed as "alarmist''. Member of the Legislative Assembly Lynne Walker said: "I don't believe for one minute that it will happen." The alumina operation is the sole reason for the town's existence. It employs 1500 workers...
Gove bauxite mine takes up cost cutting measures
The bauxite mining and refining operation on the Gove Peninsula in the Northern Territory has stopped replacing workers who leave their jobs, in an effort to cut costs. The strong Australian dollar and poor prices for bauxite and aluminium products have forced the mine's owners, Pacific Aluminium,...
Environment group rejects Cape bauxite mine benefits
The Wilderness Society has questioned the economic benefits of a proposed bauxite mine on far north Queensland's Cape York Peninsula. Cape Alumina says the Queensland Government's declaration of its Pisolite Hills mine as a "significant project" has prompted it to resume planning and negotiations...
Cape Alumina to resume Pisolite Hills bauxite project
The Queensland government has declared the Pisolite Hills bauxite mine, which Cape Alumina is developing, a “significant project”, prompting the ASX-listed miner to resume work on the project. The development of the Pisolite Hills project was put on hold in October 2010 after the previous state...
Cape and Gulf regions to seek royalties from Government
A coalition of Cape York councils is planning to lobby the State Government to be included in its Royalties for the Regions program. The government has promised to invest almost $500 million over four years in regions under pressure from resource development. Aurukun Shire Council CEO John Japp...
Guyana Bauxite sector sees 41.9% growth in first half of 2012
Attracting investors to the mining town of Linden is key to government’s developmental agenda for the people and the region. As such, Finance Minister Dr. Ashni Singh explained that investors continue to express interest in the mining sector that has contributed significantly to the Gross Domestic...
