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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PM signs first mining lease deal
In an Australian first, Prime Minister Julia Gillard has signed a lease agreement between a mining company and traditional land owners. Despite claims yesterday from some Aboriginal residents in the area that they had not been consulted on the lease and would be boycotting the ceremonial signing,...
Pine logs at bauxite mine to be removed soon
Work on the removal of pine logs at the bauxite mining site in Bua is expected to get underway soon. This is after Fijivillage while on a trip to the North noted that while tenders were called for the removal of the logs in April, nothing had been done. Tropik Woods of Fiji Executive Chairman, Faiz...
Ormet targets bauxite, legacy assets
Primary aluminum producer Ormet Corp. has its eyes set on growth, with a push into bauxite mining or the purchase of competitors’ aging assets emerging as two possibilities on its radar, the company’s top executive told AMM. Primary aluminum producer Ormet Corp. has its eyes set on growth, with a...
Australian Bauxite Limited (ASX:ABZ) CEO Ian Levy Discussed Company Progress With Finance News Network
Australian Bauxite Limited (ASX:ABZ) Chief Executive Officer, Ian Levy, discusses the progress of Australian Bauxite with Finance News Network. Lelde Smits: Hello Lelde Smits reporting for the Finance News Network. Joining me today from Australian Bauxite is CEO, Ian Levy. Ian, welcome to FNN....
No evidence Russian manager threatened workers – Rusal probe finds
The committee appointed by Rusal to examine complaints by bauxite workers against its local General Manager Ruslan Volokhov said it found no evidence that Volokhov engaged in racist behaviour or issued threats of physical assault to workers. However, the Board of Directors of the company, based on...
No evidence Russian manager threatened workers – Rusal probe finds
The committee appointed by Rusal to examine complaints by bauxite workers against its local General Manager Ruslan Volokhov said it found no evidence that Volokhov engaged in racist behaviour or issued threats of physical assault to workers. However, the Board of Directors of the company, based on...
GMDC mulls value addition with pvt tie-ups
To start with one for bauxite in Kutch. State-run Gujarat Mineral Development Corporation (GMDC) is looking to add value to its mineral products with private partnerships. It sells raw bauxite and plans to set up a project for value addition in bauxite products at Kutch. There is a huge market for...
Road opens up to bauxite mining site
LAND-clearing and road construction works at the bauxite mining site at Nawailevu in Bua are progressing well, says Aurum Exploration (Fiji) Limited manager Sang Lei. Mr Lei said the company was focused on completing the road to the proposed site. So far, the contractor hired by Aurum Exploration...
Weather hinders start of Bauxite Mining in Bua
The million dollar Bauxite mining operation in Bua has been further delayed. This report from our Reporter Tokasa Rainima who is in Bua. There is an audio file attached to this story. Please login to listen. This is the third delay that the owners Aurum Mining Limited are facing, the first being...
Australian Bauxite Limited (ASX:ABZ) Chairman Address To 2011 Annual General Meeting
Sydney, May 27, 2011 (ABN Newswire) - Australian Bauxite Limited (ASX:ABZ) release the following Chairman's Address to 2011 Annual General Meeting. On behalf of your Directors I am pleased to present the annual report of Australian Bauxite Limited for the twelve months ended 31 December 2010. I...
The end of Gove's historic injustice to traditional owners
FOUR decades after bauxite mining began on the Gove peninsula, traditional owners have finally secured a benefits package worth more than $700 million over 42 years that is focused on education, jobs and business development. The money will be paid into a future fund to secure the long-term...
Wild Rivers laws loom again for Qld miner
Queensland's Wild Rivers laws could thwart plans for a large-scale bauxite mine on Cape York for a second time. Cape Alumina was last year forced to abandon its Pisolite Hills project when the state government made a Wild Rivers declaration over the Wenlock River basin. The declaration banned...
Bauxite workers and sugar workers being treated equitably
Ms Lurlene Nestor, in a letter published in the May 20 edition of Kaieteur News (KN), asks, ‘What about the bauxite workers, Mr President?’ Let Prime Minister put straight the facts! This PPP/C Government has been treating bauxite workers and sugar workers equitably! Yes, the government recently...
Bauxilum Workers Peacefully Recover Access to their Company
Workers at the state-run bauxite and aluminium company Bauxilum in Ciudad Guayana, peacefully recovered the main access doors at the plant after it was violently and illegally closed by a right-wing union last Thursday. Bauxilum workers accompanied by other employees from Ferrominera del Orinoco,...
Bauxite mine offers hope for Cairns' economic revival
A PROPOSED bauxite mine and port near Weipa are firming up as the beacons of hope for the Far North's struggling economy. Cape Alumina acting chief executive officer Neville Conway has spent two days in Cairns briefing business and community leaders as well as company shareholders on the promising...
Limited amount of workers for bauxite mine
Only 10-15 overseas workers will be allowed to work at the bauxite mine in Bua. Human Resources Manager of Aurum Exploration Fiji Limited Basilio Vanuaca said if only there are specialized jobs that locals cannot do then they will look to hire more Chinese workers. Vanuaca said if these specialists...
Producer won't shy from a fight
KEITH Jessen (pictured) is among the farmers pledging to lock out the bauxite mining explorers currently rummaging through the South Burnett. The cattle and grain grower is no stranger to a fight. Formally involved in agri-politics, especially the Grain Growers Association, he said he has taken on...
Bauxite union to attend meeting with Ministry of Labour today
The Guyana Bauxite & General Workers’ Union (GB&GWU) says it has accepted an invitation from the Ministry of Labour to attend a meeting today at which the union expects to address matters of import. The GB&GWU has indicated that its concerns at this meeting will be “upholding the sovereignty of...
