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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Japan firm to explore bauxite on picturesque Mt. Mulanje
One of Malawi's touristic attractions earmarked as a world heritage centre is set to be explored for its bauxite and rare earth deposits. Malawi, looking for cash to finance its huge budget funded with local resources since several donors withdrew its aid, has granted a Japanese company to "conduct...
Cape Alumina Bauxite Mine To Come On Stream Mid-2014 -CEO
Cape Alumina is hoping to bring its Bauxite Hills mine into production in mid-2014 to take advantage of strong Chinese demand for bauxite, Managing Director and Chief Executive Officer Graeme Sherlock told Dow Jones Newswires Thursday. The mine, which is in Queensland, Australia, has a 10-15 year...
Ma'aden-Alcoa JV gets projects go-ahead
Financing for the second phase of development of Saudi Arabia’s first integrated aluminium complex and related infrastructure, sponsored by Saudi Arabian Mining Company (Ma'aden) and Alcoa Inc, has been approved. Both the mine and refinery are being developed by Ma'aden Bauxite and Alumina Company...
Bauxite Resources Limited Bauxite Alumina Joint Ventures Update
Perth based bauxite explorer and developer, Bauxite Resources Limited (ASX:BAU) is pleased to advise the completion of Phase 1 of the Bauxite Alumina Joint Ventures ("BAJV") Study for the development of an alumina refinery in the south west of Western Australia. Phase 1 of the BAJV Study consisted...
Bellzone, Anglo Aluminum ink Guinea infrastructure agreements
A memorandum of understanding signed between Aim-listed Bellzone and TSX-V-listed Anglo Aluminum Corporation would accelerate the development of resource projects in Guinea, Bellzone CEO Nik Zuks said on Monday. The infrastructure will be developed through Kalia Horizon Minerals (KHM), a CIF...
Suralco signs bauxite mining contract with Royal Boskalis
After 30 years, Suralco is to return to the Lelydorp 1 mine to mine the remaining 3 million tons of bauxite there. The company has recently signed a mining contract with the Dutch company Royal Boskalis Westminster NV for the development and exploitation of this mine. The contract’s value is 125...
Ord River Resources quadruples JORC Resource at Laos bauxite project
Ord River Resources has delivered a 300% increase in the JORC Resource at its bauxite/alumina project in Laos to 77 million tonnes at a 10% cut off, providing a significant boost to the emerging large-scale alumina developer. SRK Consulting completed the JORC Resource calculation for the SARCO LSI...
Orissa gives nod to NALCO for new bauxite mine
Orissa has given its nod for leasing a new bauxite mine in the state's Koraput district to state owned National Aluminum Company Limited. Mr AMR Dalwai state Steel and Mines Secretary said that the state government has leased the Potangi bauxite mine to the company and recommended it to the central...
Nalco gets notice for non-execution of Panchpatmali mine
The Orissa government has sent a show cause notice to National Aluminium Company (Nalco), a Navratna public sector unit, on the non-commencement of work at the company’s Panchpatmali bauxite mine in Koraput district which has been not been operational since 2009. The company has been asked to reply...
Update - Bauxite exports from Guinea's CBG suspended
Bauxite exports from Guinea's CBG have been suspended due to further damage to the machine used to load boats, company and government officials said on Sunday. The suspension follows a previous accident on a conveyor belt last month, which froze exports from the world's top supplier of the aluminum...
Australian Bauxite Limited resources and projects
Australian Bauxite Limited holds the core of the newly discovered Eastern Australian Bauxite Province.Its 37 bauxite tenements in Queensland, NSW and Tasmania covering 8,500 km2 were rigorously selected on 3 principles: 1. good quality bauxite; 2. proximity to infrastructure connected to export...
Royal Boskalis Westminster acquires EUR 125 million contract in Surinam
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract for the mining of bauxite in Lelydorp nearby Paramaribo, Surinam. The contract value is approximately € 125 million and the contract was awarded by Suralco L.L.C., an indirect joint subsidiary of Alcoa Inc. and Alumina Ltd. Work...
Balaton Mining Project
Balaton Power Inc.announced today further details regarding its engagement of The Eversull Group for Financial Public Relations, Investor Relations and Shareholder Consulting Services. Jack Eversull, President of The Eversull Group, remarked, "One of our specialties is mining, precious metals and...
Sierra Leone: BauxiteIndustry Overview
The Mineral commodities produced included bauxite, cement, gold, and ilmenite. In 2010, bauxite production increased by 44% to 1.0 million metric tons (Mt) from 757,000 metric tons (t) in 2009. Netherlands-based Vimetco N.V. operated the country’s only bauxite mine. In December, the company decided...
Economic blockade against Hindalco in Lohardaga
The Gram Vikas Sangharsh Samiti, a committee of villagers of four panchayats, including Bagru, on Tuesday started an indefinite economic blockade on the Bagru-Lohardaga road accusing Hindalco of neglecting community development programmes. Hindalco is the leading bauxite company among the mine...
Central panels visit fuels tribals fears
The recent visit to the proposed bauxite mining areas of Araku Valley and Anantagiri mandals in the district by two members of a fourmember committee appointed by the Union ministry of environment and forests to study the impact of the project has made tribal people worried that the government is...
Update-Bauxite mine to be commissioned next month
The bauxite mine in Bua is expected to be commissioned next month. The confirmation was made to the Prime Minister Commodore Voreqe Bainimarama after he met with the President of Xinfa Group Zhang Xueixin - the company that will undertake the mining project. Xueixin also reconfirmed his invitation...
Govt firm on bauxite mining in Agency
In what could be seen as a fresh attempt to push through the bauxite mining project in Vizag Agency despite strong opposition from local tribals, rights groups and Maoists, the government is planning to conduct a public hearing by December this year. Sources said the government is firm on mining...
