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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Semafo Plans to Build $230 Million Hydroelectric Power Plant in Guinea
Semafo Inc. (SMF), a Canadian gold producer that mines in West Africa, plans to build a hydroelectric power plant in Guinea, said Mody Oury Barry, head of the project. The $230 million, 130-megawatt plant will be constructed on the Cogon river, which is in the bauxite-rich region of Boke, Barry...
UC Rusal plots Cameroon bauxite deal
A delegation from UC Rusal has visited Cameroon with the aim of securing its supply of bauxite. As a result of the visit, RUSAL expressed its intention to undertake a feasibility study of various metals and mining projects in Cameroon, as well as the development of necessary transport...
Bua mataqalis to decide on use of $700,000
It will be up to the three Mataqalis in Bua on how they use the $700,000 given by the Chinese company, Aurum Exploration Limited for bauxite mining in the area. Member of the three Mataqalis board of trustee and Commissioner Northern Inia Seruiratu said they have met but nothing has been planned to...
Under pressure in Guinea, RUSAL eyes Cameroon's bauxite
UC RUSAL (0486.HK: Quote), the world's biggest aluminium producer, is keen to invest in Cameroon as part of its efforts to diversify its sources of bauxite, the firm said on Wednesday. Yakov Itskov, director of RUSAL's international division, cited a new government and a mining review in Guinea,...
Over $700,000 for Bua landowners
More than $700,000 will soon be pumped into three Mataqali in Bua. This is with regards to the new Bauxite mine in Nawailevu in Bua which is set to get underway later this year. The three landowning units - Naicobo, Noro and Nalutu will then be paid $18,000 every year for the next 20 years. Legal...
Queensland Bauxite targets DSO resources at Kingaroy and South Johnstone
Queensland Bauxite (ASX: QBL) has initiated an extensive aircore drilling campaign covering over 25,000 metres at two of the company's projects. The strategic focus of Queensland Bauxite in the near-term is to define bauxite resources with a view to commencing direct shipping ore mining and export...
Cape York signs bauxite mine deal
The mining company Cape Alumina has finalised agreements with the Cape York Aboriginal land owners for the proposed Bauxite Hills mine and port project in Queensland, clearing the way for a large-scale exploration and drilling program to start later this year. Exploration consent and compensation...
Future of Gove mine in the balance
TALKS over the future of a massive Territory mine are going down to the wire. Rio Tinto's lease over the bauxite and alumina operation on the Gove Peninsula expires on May 29. But the Northern Land Council and Alcan have yet to reach an agreement. Both parties have agreed not to talk to the NT News...
QLD farmer to lock bauxite miner out
A Queensland farmer says he will lock his gates today if a mining exploration company tried to enter his land. Keith Jessen, from the South Burnett region in Southern Queensland told the ABC he had originally given permission for Queensland Bauxite to enter his property to take soil samples,...
Chinese mining company makes presentations at Guinea's Mines Expo
The International Mineral Investment of the China Power Investment company (CPIIM) on Wednesday presented its mining capabilities at the Guinean Mining Exhibition opened this week. The mother company CPI valued at 67.3 billion U.S. dollars has an annual turnover of 19.3 billion dollars with six of...
Fiji expected to rake in $20m
Fiji is expected to rake in twenty million US dollars through the bauxite mine in Bua. Chinese Ambassador Doctor Han Zhiqiang said that the company - Xinfa Aurum will export 1 million tonnes of Bauxite mineral which will equate to twenty million US dollars. Zhiqiang added that there will be a lot...
Kingaroy locks the gate on Bauxite
RURAL landholders in the South Burnett region have resolved to “lock the gate” on Queensland Bauxite (QBL), which is proposing to develop a bauxite industry on the region's fertile red soils. The company was recently granted an Exploration Permit for Minerals (EPM) by the Queensland Government, and...
Taralga Bauxite Resource Doubled To 25 Million Tonnes
Australian Bauxite Limited (ASX:ABZ) has 33 bauxite tenements in eastern Australia covering more than 7,500 km2. To clarify the marketability of the bauxite types found in the Taralga-Goulburn-Crookwell area in southern NSW, detailed drilling was recently conducted at spacings of approximately 100...
Kingaroy landholders say no to bauxite exploration until their concerns are resolved
At a recent meeting in Kingaroy, rural landholders have resolved to “lock the gate” on Queensland Bauxite (QBL), which is proposing to develop a bauxite industry on the fertile red soils of the South Burnett. The company was recently granted an Exploration Permit for Minerals (EPM) by the...
Cape Alumina finalizes access agreements at Bauxite Hills
Cape Alumina Limited announced that it had finalized access agreements with Western Cape York Aboriginal land owners in the Company’s proposed Bauxite Hills mine and port project area, clearing the way for a large scale exploration and drilling program to begin later this year. Exploration Consent...
Cape Alumina agrees deal with land owners for bauxite mine
ASX-listed Cape Alumina has finalised agreements with the Cape York Aboriginal land owners for the proposed Bauxite Hills mine and port project, in Queensland, clearing the way for a large-scale exploration and drilling programme to start later this year. The bauxite developer said on Thursday that...
Cape York mine deal raises hopes to boost Cairns economy
A LARGE-scale bauxite exploration and drilling program will begin north of Weipa later this year after a mining company finalised access agreements with Cape York traditional land owners. The agreement between Cape Alumina Limited and the Apudthama Land Trust was announced yesterday, bringing the...
Yunnan Aluminum to tap into Laos bauxite resources
...Yunnan Aluminum Company Limited, a subsidiary of Yunnan Metallurgical Group, announced that it will purchase a majority stake in Laos based aluminum firm Sino Lao Aluminum Company Limited in order to explore bauxite resources in the country...
