International investor interest in Ghana’s bauxite industry has intensified, with Coal India becoming the latest overseas company to evaluate opportunities in the country as it seeks to diversify beyond coal and secure mineral assets abroad. The Indian state-controlled miner’s interest remains at...
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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The Indian apex body promoting the interests of all mining companies, the Federation of Indian Mineral Industries (FIMI), has called for the withdrawal of export duties on bauxite, stating that the move will lead to the optimal exploitation of low-grade mineral resources by facilitating the...
On November 27, 2022, the Guinean mining company, Compagnie des bauxites de Guinée (CBG), officially launched a ceremony for the upkeep, maintenance and securing of old sites rehabilitated with native species for rational or sustainable management. The CBG laboratory meeting room served as a...
On November 20, 2022, St Ann, Jamaica police reported that two people is found deceased following a bauxite train derailment. On Monday, a thick pall of sadness hung in the air as co-workers of two men killed in a train crash on Sunday night struggled to cope. A police investigation has been...
Ghana Integrated Aluminium Development Corporation (GIADEC) is reportedly working on increasing the production capacity of the Ghana Bauxite Company (GBC) from one million tonnes per annum to two million tonnes per annum. The news came after Mr Michael Ansah, the Chief Executive Officer of the...
The Ghanaian holding company, Ghana Integrated Aluminium Development Corporation (GIADEC), dealing with all government investments and interests in the nation's integrated aluminium business, has introduced OPCL as the new majority shareholder of Ghana Bauxite Company (GBC) to the traditional...
A leading investment fund in the MENA region focused on unlocking a positive future for the region, and beyond, the Dubai Investment Fund (DIF) asserts that India's untapped resources will need to be explored to navigate the nation's demand for new infrastructure and facilitate the housing bubble....
According to our report from West Africa, almost all of the unloading operations for two Bedeschi shiploaders and one echopper shipped fully erected from Jebel Ali Port, Dubai to Ghana Takoradi Port have been accomplished. Jebel Ali is a deep port located in Jebel Ali, Dubai, United Arab Emirates...
MYTILINEOS S.A., a Greece-based industrial conglomerate, has bagged the ASI Chain of Custody (CoC) Standard V1 (2017) Certification for its corporate headquarters and upstream activities, including bauxite mining, alumina refining, and aluminium smelting and casting. The news came after the...
The Australian mining and exploration company Metro Mining Limited has extended the Strategic Cooperation Agreement with China's Xiamen Xiangsen Aluminium Limited (Xiangsen) for 1.5 million DMT per annum for 2 years until 2026. In addition, binding terms for the 2023 offtake component have been...
On October 24, 2022, Luhut Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs Indonesia, stated that the island nation's export is anticipated to cross $300 billion by 2024 as the government is getting ready to ban bauxite exports, among other commodities, to encourage...
The African-focused mineral exploration company Canyon Resources has been granted a 'Certificate of Environmental Compliance' (CEC) for its world-class Minim-Martap Bauxite Project by the Ministry of Environment. A detailed Environmental Social Impact Assessment (ESIA) was conducted by Canyon...
Lately, intuitiveness and acuteness combined with exhaustive experience in conveyor belt maintenance and repair tasks shaved off prospective mishap proceedings just before the last minute. The Rio Tinto Australia Gove (RTAG) bauxite operations in Nhulunbuy, Northern Territory, are bound by only one...
On 7 th October 2022, Canyon Resources announced the commencement of resource definition activities on the Makan Bauxite Permit (Permit), an adjacent exploration to the Minim Martap Bauxite Project. As of yet, the Makan Permit hasn't been explored as extensively as the Ngaoundal and Minim Martap...
Norsk Hydro's local unit, Hydro Paragominas, is investing 590 million reais ($114 million) in the M5 bauxite mining project in northern Brazil's Pará state. Norsk Hydro-owned Hydro Paragominas has contributed significantly to the economic and social development of Paragominas for 15 years and...
As part of a fast-track EPC project in Guinea, TAKRAF will supply two conveyors to Compagnie des Bauxites de Guinée (CBG). In Phase 2 expansion, this conveyor system package was brought forward, and TAKRAF's award follows the successful execution of an EPC contract for Phase 1 of that project at...
On 21 st September, the President of the West African nation Ghana, Nana Akufo-Addo, declared during the 77 th session of the United Nations General Assembly (UNGA) that Ghana is developing an integrated bauxite and aluminium industry. He added that Ghana was refining its natural resources -...
The Guinean government hosted mining operators at the Prime Minister's office at the initiative of Prime Minister Bernard Goumou, accompanied by the Minister of Mines and Geology Moussa Magassouba and senior executives from his office. This meeting aimed to re-establish trust between mining...
The Australian bauxite mining company Metro Mining has posted a loss of A$29.4 million for H1 2022 and as a result of poor weather conditions in Far North Queensland, production expectations have been marginally decreased for the entire year. Throughout 2022, Metro has experienced bad weather, with...
