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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Farmers in St Ann are losing out their land to bauxite mining
Several residents of Stepney, Nine Miles, Higgins Land and neighbouring communities in rural St Ann have said they are worried that they have not been able to identify suitable parcels of land on which to continue farming since they were displaced by bauxite mining expansion. The disgruntled...
Bauxite Resources Ltd. Retains RB Milestone Group LLC as Its Corporate Communications Firm
RB Milestone Group LLC , a high-end corporate communications firm specializing in small-cap companies in a variety of industries, has just announced that Bauxite Resources Limited has retained RBMG to strengthen shareholder value with Market Intelligence, Corporate Advisory, Public Relations, and...
The answer to poverty in Odissa lies in its mining reserves: President, Vedanta
In a recently held seminar by the Indian Institute of Chemical Engineers on the “Prospects of Alumina and Aluminium Industry in Odisha” many eminent Scientists, Academicians, Engineers and Industry Houses interacted on the importance of Bauxite, Alumina & Aluminium for the development of Odisha....
Dominican Republic eyes US$320 million in ten years from bauxite exports
Dominican Republic will receive US$40 million in one year of the more than US$320 million projected for the next 10 years, as bauxite exports resume from Cabo Rojo, Pedernales province, to North America and China. The mine will export 90,000 tons of ore monthly, of which around 13,700 are ready to...
Tough time for Bauxite miners in Gujarat
After the state government restricted fresh issuance and renewal of lease for mining in the state, bauxite miners in Porbandar area of Gujarat are facing tough times. According to industry sources, over Rs 1,000 crore worth of investments of bauxite miners are believed to have been blocked due to...
Residents unite to fight bauxite mine plans in West Australia
Residents angry about plans to explore for bauxite in the South West have vowed to fight a bid to push ahead with the proposal, saying it puts some of WA's most productive farmland at risk. Chinese-backed Bauxite Resources Ltd got a red light this month from the WA Mining Warden to its application...
Recommendation of bauxite license rejection in SW has environmental significance
The WA Greens say the Mining Warden's recommendation that three licences for bauxite exploration in the south-west should be rejected is a step towards protecting the region from all forms of mining. The State Government is deciding whether to grant three licences for bauxite exploration to Bauxite...
Russia's January-May Aluminum, Nickel, Zinc Output Up, Copper Down
Russia's primary aluminum output in January-May increased by 2.5% compared with the corresponding period last year, the federal statistics service reported Wednesday. The statistics service does not give non-ferrous metals output volumes in tonnages, only the percentage change. Russia's nickel...
Greens MLA applauds bauxite mine rejection
West Australian Greens MLA Giz Watson has applauded a move by the state's Mining Warden's Court to reject three bauxite exploration licenses in the tourist-haven southwest region. Perth-based Bauxite Resources, which has already been granted exploration licenses over 59 tenements in the state's...
Bauxite Resources pushes for mining leases
ASX-listed explorer Bauxite Resources on Tuesday told shareholders that it would push for the granting of three additional exploration licences, despite the Western Australian mining warden making recommendations that the licences be refused. In a June 15 statement, the mining warden suggested that...
Fijian Manager Praises China-Owned Mine
The China-owned bauxite mine in Nawailevu in Fiji's Northern Island has benefited the Fijian economy greatly by bringing in the much needed export dollars and providing jobs to local people, a local mine manager said Wednesday. Vanuaca Basilio, mine manager of the Aurum Exploration Fiji Limited,...
South-West bauxite mine bid gets thumbs down
A West Australia mining warden has recommended that a proposal to explore for bauxite south of Bridgetown, in the state's South-West, be rejected. Perth-based Bauxite Resources, which has been granted exploration licenses over 59 tenements in the South-West, said today its application for three...
Bauxite Resources CEO steps down
Perth based Bauxite Resources Limited (ASX:BAU) chief executive officer and executive director Scott Donaldson will step down from his dual roles by the end of the year, after two years leading the company. Bauxite says Mr Donaldson had made a significant contribution and has overseen its joint...
Ghana’s Bauxite Under Threat
The operations of Ghana Bauxite Company are being disrupted as a result of the company’s inability to transport a chunk of its ore to the Takoradi Port. The deplorable state of the Western Rail Lines is negatively affecting the company, which is a major producer of bauxite in the country. Dan...
First Bauxite Corporation Announces Non-Brokered Private Placement
First Bauxite Corporation announces that, further to its news release issued May 23, 2012, it has now closed the non-brokered private placement (the "Private Placement") to Resource Capital Fund V LP and certain entities comprising the Pacific Road Resources Funds for a total of 22,641,510 units...
Australian Bauxite Limited announces Share Purchase Plan
Australian Bauxite Limited announced a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase shares in ABx without brokerage or other related charges. Shareholders can purchase for $0.39 per share, which is the same price paid by brokers and professional investors in...
Gujarat Minerals to earn Rs 20 crore from bauxite sale to Anrak
Gujarat Minerals Development Corporation Ltd (GMDC) on Thursday said it has inked a pact of sale of non-plant grade bauxite with a Hyderabad-based company. This would make GMDC earn Rs 20 crore. GMDC, known for its multi-mineral and mining expertise, said it would provide bauxite from its Gadhsisa...
Yankuang Group Obtained Bauxite Mining Right
Recently, the GM of Shandong Yankuang Group attended ALUMINUM CHINA 2012 which was held in Shanghai and said that through acquisition and investment of 90% shares in Western Australia they’ve purchased the bauxite mining right of two companies. This bauxite occupied about 24,000sq.km. ore grade was...
