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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Situation in Montenegro's Bauxite Mines getting worse
The situation in the Bauxite Mines is getting worse, after its electricity supply was cut off on Monday, and since it could be disconnected from the water distribution network in two days. According to unofficial information, the company s electricity debt, which has been accumulated for several...
Govt wants more smelters for Riau Islands, W. Kalimantan
The government is encouraging the development of aluminum refinery plants in Indonesia’s two largest bauxite producing provinces; Riau Islands and West Kalimantan. The provinces have a total bauxite reserve of 3.47 billion tons, Energy and Mineral Resources Ministry’s data shows. As a...
Guyana Creates Bauxite Development Unit
With increasing demand for Guyana’s bauxite, the country’s government has established a Bauxite Development Unit within the Guyana Geology and Mines Commission. The unit will coordinate, oversee and assist in making recommendations on all aspects pertinent to bauxite resources in Guyana, from...
Prime Minister urges bauxite workers to focus on the resurgence of bauxite mining operations
Prime Minister, Samuel Hinds has urged bauxite workers to avoid conflicts and capitalize on the resurgence of bauxite mining operations. He noted that jobs and good wages come from profitable companies. It is the prime minister’s view that the decisions taken by government in relation to the...
Supreme Court to expedite hearing of Orissa's plea on Vedanta group's firm Sterlite
The Supreme Court today agreed to expedite its hearing of Orissa Government's appeal against the Centre's decision to withdraw its environmental clearance to Vedanta group firm Sterlite for its bauxite mining project in Niyamgiri Hills. A special forest bench of justices K S Radhakrishnan and C K...
SC to decide on Vedanta appeal on Niyamgiri hill mining site
The leaders of thousands of forest-dwelling tribesmen who have fought for years to preserve their ancestral lands from exploitation by an international mining corporation have promised to continue their struggle whatever the decision in a key hearing before the Supreme Court today. Dubbed the “real...
Ghana: Bauxite Sector Deserted -Third World Network (TWN)
Bauxite, though contributes about one percent of the total mineral export receipts for the country, has the potential of becoming Ghana's second most important mineral after gold. For this reason, the Third World Network-Ghana (TWN) in October, 2010 commissioned a study to examine the...
Nalco all set to clinch bauxite sourcing deal from Gujarat
Nalco is poised to clinch a crucial deal for bauxite sourcing from Gujarat. Its negotiations with Gujarat Minerals Development Corporation (GMDC) reached the “final stage”, the CMD of Nalco, Mr B.L. Bagra, told Business Line. The GMDC board recently approved the arrangement for sourcing through a...
Australian Bauxite Limited (ASX:ABZ) 20-20 Investor Series Presentation
Australian Bauxite Limited (ASX:ABZ) is pleased to provide their CEO Presentation at the 20-20 Investor series, regarding 'Developing East Coast Bauxite Projects'. To view the Australian Bauxite presentation, please refer to the following link below:...
NALCO reports record bauxite and alumina production in FY12
State-run National Aluminium Company Ltd. (NALCO) has reported highest ever bauxite and alumina production for the year 2011-12. The company has achieved the highest-ever bauxite production of 50.03 lakh tonnes, against the previous best of 48.79 lakh tonnes achieved in 2009-10, company sources...
Global Alumina Releases Year-End 2011 Results
Global Alumina Corporation CA:GLA.U +7.89% (the "Company" or "Global Alumina"), a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the "Project"), announced its financial and...
Ord River Resources: Resource upgrade provides basis for Bankable Feasibility Study in Laos
Ord River Resources (ASX: ORD) has delivered a resource increase for the bauxite and alumina project in Laos, with a Bankable Feasibility Study the next step in progressing the project. The new JORC Resource of 226 million tonnes at 26.7% alumina is an increase of 73.8% from the previous resource,...
Bauxite company(BCGI) moves to court to stop arbitration
The Bauxite Company of Guyana Incorporated (BCGI)-majority owned by Russian Aluminium (RUSAL)- has moved to the High Court and secured a temporary stay of arbitration proceedings ordered by government into a dispute between the company and the Guyana Bauxite and General Workers Union (GBGWU). When...
Australian Bauxite Limited (ASX:ABZ) Annual Report to Shareholders
Australian Bauxite Limited (ASX:ABZ.AX - News) achieved its objectives during 2011 and the outlook remains positive for 2012 as the company progresses from an explorer to a bauxite development-exploration company. Total company bauxite resources doubled to 84 million tonnes during the year and two...
Study recommends government policy on mining
A study into the mining of bauxite in Ghana has recommended government policy that makes it mandatory for foreign companies that want to mine the resource to establish a refinery plant. This would help maximise the potential in the sector. It said while most foreign companies that had held equity...
Bosai’s dust collector 90% completed
The management of Bosai Minerals Group Guyana Incorporated says its dust collector is about 90 percent completed as the company seeks to reduce dust emissions from its kiln dryers in Linden. The bauxite company has been working with the Environmental Protection Agency (EPA) and the Guyana Geology...
Rio Tinto in talks on Cape York mine approval
Mining company Rio Tinto Alcan says it has met with Federal Environment Minister Tony Burke to discuss new conditions on its proposed bauxite mine expansion in Queensland's Cape York. The company raised concerns after Mr Burke included the impact of shipping on the Great Barrier Reef as a...
Angola Bissau bauxite, port project on ice: officials
Angola's $500 million plan to build a bauxite mine and deepwater port in Guinea Bissau has stalled, with nearly no work done since the project was officially inaugurated in July 2011, officials said. The project, first signalled by Angola in 2008 after it won rights to a mining concession in the...
