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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SGAT opposes Union tribal minister's plea to stop bauxite mining
The Society of Geoscientists and Allied Technologists (SGAT) has vehemently opposed Union tribal welfare minister V Kishore Chandra Deo’s demand for stoppage of bauxite mining in Eastern Ghats. “We strongly refute observations of the Union tribal welfare minister as these are not based on facts,”...
Australian Bauxite Limited updates on Tasmanian Bauxite Project
Emerging bauxite exploration and development company, Australian Bauxite Limited has received laboratory and exploration results from drilling and surface exploration at its newly consolidated 11 Tasmanian exploration tenements totalling 1,897 square kilometres in central Northern Tasmania (Figure...
FDI grows to USD 35b in Sub-Saharan Africa due to bauxite mining
Renaissance Capital, a global investment firm, stated that last year, Foreign Direct Investment (FDI) in Sub-Saharan Africa surged to a record of USD35 billion, reported Xinhua News. The company said that half of the amount was made in Ghana, Nigeria and South Africa, adding that FDI to West Africa...
UAE grants license to build two nuclear reactors for power
Reuters reports that the United Arab Emirates will be the first gulf state to start construction of a commercial nuclear power plant in the region. The UAE has committed itself to this energy path to avoid using increasingly scarce natural gas supplies for electricity generation, water...
EPA working with Bosai on second Linden dust collector
The Environmental Protection Agency (EPA) says it will continue to work with the Bosai Minerals Group (Guyana) as it takes steps to install a dust collection system for Kiln #13 that used to process bauxite at its operations plant in Linden. This move follows closely on the heels the commissioning...
First day of protest in the bauxite mining town, Linden
Except for commercial banks, most businesses in the bauxite mining town of Linden closed their doors and public transportation ground to a halt to mark the beginning of a five-day shutdown against a hike in electricity tariffs. Businesses, including the post office, did not open Wednesday....
Anglo-African Minerals announces New Funding and Directorate changes
Anglo African Minerals plc, the dedicated bauxite exploration and development company is pleased to announce the terms of a private share placement of 7,590,000 ordinary shares of EUR0.001 for total subscription funds of EUR759, 000. As a consequence of this funding a number of loans associated...
Newman pushes for Rio Tinto bauxite mine at Cape York
Queensland Premier Campbell Newman has vowed to overhaul laws to allow Rio Tinto to proceed with its $1.4 billion South of Embley bauxite mine at Cape York. Mr Newman, who also announced a six-month action plan at the Liberal National Party annual convention in Brisbane on Friday, said his...
Rio Tinto to increase production of iron ore, copper, bauxite and alumina
Diversified giant Rio Tinto has reported production increases for its iron-ore, copper, bauxite and alumina and coking coal operations during the second quarter ended June. He noted that the quarter under review was influenced by the global economic conditions, and market sentiment, which dropped...
Paulwell's mining lease plans behind RUSAL's Jamaican Bauxite plant decision
UC RUSAL 's announcement that it has not taken a decision to close its bauxite plant in Ewarton appears to have been influenced by the Government's intention to revoke the special mining lease the Russian firm now holds on two alumina plants — Alpart and Kirkvine — that have remained idle for three...
Niksic Miners accept Government's offer
Workers of the Niksic-based Bauxite Mines have accepted the Government's offer related to the timeframe for payment of salaries and stopped their eight-day blockade of the company's administration building. The President of the Independent Trade Union Borislav Bojanovic said that the Government...
Bauxite Resources Limited updates on Strategy and Outlook
Bauxite Resources Limited is a minerals explorer with two joint venture bauxite projects in the Darling Range in Western Australia. Bauxite Resources is the largest exploration licence holder in the Darling Range covering approximately 24,000 km2. With its Chinese joint venture partners, Bauxite...
Dust collector at Linden in operation
The long-awaited dust collector system on kiln #14 at the Bosai bauxite plant was put into full operation today at 9:40 am. As was anticipated, there was no dust emission from the kiln except a very minimal amount of smoke when the kiln started up and which lasted only a few seconds. The rest of...
Australian Bauxite updates Share Purchase Plan
Australian Bauxite Limited (ABx) holds the core of the newly discovered Eastern Australian Bauxite Province. Its 38 bauxite tenements in Queensland, NSW and Tasmania covering 8,250 km2 were rigorously selected on 3 Principles: 1. Good quality bauxite; 2. Proximity to infrastructure connected to...
Ewarton Bauxite plant shutdown to claim 600 jobs
Nearly 600 Jamaicans will be forced to join the unemployment line later this year as Russian aluminium giant UC Rusal moves to shut down its Ewarton plant in St Catherine. Mining Minister Phillip Paulwell, in a statement to the House of Representatives yesterday, said he was "verbally advised" on...
Niksic-based Bauxite Mines future depends on employees
The future of the Niksic-based Bauxite Mines depends to a large extent on its employees and whether they will accept the proposal of the government representatives, the company's management said. The Bauxite Mines CEO Milorad Djurovic has invited the Independent Trade Union and workers to accept...
Illegal mining will take a toll on normal lives in Vizag: Communist party of India
CPM politburo member, Brinda Karat on Tuesday said that the decision to allow bauxite and laterite mining in Vizag Agency by the state and Union government would turn the region into another Bellary, where illegal mining has taken a toll on normal lives. CPM politburo member, Brinda Karat on...
Alufer Mining plans to develop its Bel Air bauxite project
Guinea-focused bauxite miner Alufer Mining plans to invest $400 million to develop its Bel Air bauxite project in the Boffa region of the west African state, documents submitted by the company to the country's mines ministry showed on Monday. Alufer said in the documents seen by Reuters that it has...
