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 (ASX:ABZ) Quarterly Activities Report
Australian Bauxite Limited (ASX:ABZ) quarterly activities statement is dated 27th April 2012 and is for the three months ending 31st March 2012. PRINCIPAL POINTS Corporate - Mr Ken Boundy was appointed alternate director for Mr Vincent Tan - Cash in hand at the end of the March 2012 quarter was $...
Anglo Aluminum to spin off one of its bauxite projects into new public company
Anglo Aluminum Corp. (TSXV:ALU) says it plans to spin off its Mamou-Dalaba bauxite permits into a new publicly listed company to be called Africa Bauxite Corp. The four permits that make up the Mamou-Dalaba project cover about 1,800 square kilometres in southwest Guinea. Anglo Aluminum said the...
Miner Cape Alumina to move on Steve Irwin's land
BAUXITE miner Cape Alumina is preparing to mine the Steve Irwin Wildlife Reserve on Cape York after pre-poll promises by Queensland Premier Campbell Newman that he would repeal Wild Rivers legislation. Wilderness Society spokesman Glenn Walker said yesterday the company was moving to kick-start...
Anglo Aluminum Corp. Proposes to Spin Out a New Company
Anglo Aluminum Corp. ("Anglo") (TSX VENTURE:ALU) announces that it intends to reorganize its business by transferring all of the issued and outstanding shares of its wholly- owned subsidiary, Société Guinéenne de Fer et de Bauxite ("SGFB"), a company incorporated under the laws of the Republic of...
Industrial Disputes Tribunal steps in at Noranda Bauxite
Labour Minister, Derrick Kellier has referred the dispute between Noranda Bauxite Limited and the University and Allied Workers’ Union (UAWU) to the Industrial Disputes Tribunal for resolution. The referral follows a breakdown in conciliation talks which went on for hours at the labour ministry...
Cape Alumina keen on Irwin reserve
Resources company Cape Alumina says it will look to build a bauxite mine on land preserved in honour of environmental campaigner Steve Irwin if Queensland's Wild Rivers laws are changed. The Steve Irwin Wildlife Reserve, a part of the Wenlock River basin on the Cape York Peninsula, was established...
Queensland's Government moves to review Wild Rivers laws
The State Government says there is no guarantee a bauxite mine proposal for Queensland's Cape York Peninsula would go ahead if Wild Rivers legislation is overturned. The Liberal National Party (LNP) committed to winding back the laws as part of its first 100 days in government plan. Resource...
AP: Tribal minister wants ban on bauxite mining
Union Tribal Welfare Minister V. Kishore Chandra Deo's letter to Andhra Pradesh Governor E.S.L. Narasimhan seeking his intervention in stopping of bauxite mining in the tribal areas of Vizianagaram and Visakhapatnam districts has created ripples in the state political circles. The mining of bauxite...
Bauxite mining should stop in Eastern Ghats, Union Tribal minister writes to Andhra governor
Union Tribal Welfare Minister V. Kishore Chandra Deo's letter to Andhra Pradesh Governor E.S.L. Narasimhan seeking his intervention in stopping of bauxite mining in the tribal areas of Vizianagaram and Visakhapatnam districts has created ripples in the state political circles. The mining of bauxite...
Noranda Bauxite workers restive
There are signs that there could be disruptions at the Noranda Bauxite Company in St. Ann as workers are restive. The more than 200 workers represented by the University and Allied Workers Union (UAWU), are upset at a decision of the management to make changes to the company’s incentive scheme....
Research and Markets: Bauxite and Alumina Market Review - Five Year Market Forecast
Dublin - Research and Markets has announced the addition of the "Bauxite and Alumina Market Review" report to their offering. The Bauxite and Alumina Market Review is an absolutely essential resource for anyone interested in the detailed information on the reviewed market. Using a wide range of...
TWO more districts in the province of Bua have been identified for bauxite mining
TWO more districts in the province of Bua have been identified for bauxite mining, says Commissioner Northern Lieutenant Colonel Ilai Moceica. He said the districts of Nasarawaqa and Wainunu have been marked for mining operations. "Nawailevu bauxite mining has a lease of 22 years with three years...
NFC Completes Bauxite Field Exploration in Laos
China Non-ferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC) released the 2011 annual report on April 13, saying that NFC International Alumina Development Company and Kaifeng Resources Holdings Limited, two companies controlled by NFC, have completed the bauxite field...
Environment ministerNatarajan stops fresh Vedanta bid to mine Niyamgiri hills
Environment and forests minister Jayanthi Natarajan nixed yet another attempt by Vedanta to get Niyamgiri bauxite mines in Odisha that Rahul Gandhi had stood up against, saving the Congress and its scion some blushes. On Tuesday, she ordered that the preliminary nod given by her ministry to the...
Indonesia plans to ban exports of unprocessed metal ores including bauxite from May
Indonesia, Southeast Asia’s largest economy, will proceed with a plan to ban exports of unprocessed metal ores including bauxite from May 1, while confirming an exemption for producers that intend to treat output locally. “If miners don’t have the business plan they will be prohibited from...
South Africans are Boosting Bauxite Production in Guinea, a Rich Reserve for Bauxite
South Africans are spearheading a new bauxite thrust in Guinea, which hosts a quarter of the world’s bauxite reserves. Adonis Pouroulis, better known as the initiator of Petra Diamonds – now listed on the main board of the London Stock Exchange – is leading Alufer Mining Limited’s thrust from...
Alufer Mining is raising US$40 million for a listing on the AIM market
Alufer Mining is laying the groundwork for a listing on the AIM market that will value the Guinea-focused bauxite specialist at between US$150 and US$200 million. As part of the float, which is expected to take place in the next four to five weeks, the company is raising US$40 million. The cash...
Tribal minister opposes proposal
Over two lakh tribals are expected to be adversely affected due to the two aluminium plants coming up in the tribal areas of Vishakhapatnam district in Andhra Pradesh. Union minister for tribal affairs and panchayat-raj Kishore Chandra Deo warns against widespread unrest in this areas as these...
