Metro Mining builds bauxite momentum with record output, lower costs and broader sales
Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
Ghana’s 920Mt of bauxite reserves catch global investors’ attention amid aluminium push
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...
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European Commission recognizes Bauxite as ‘Critical Raw Materials’
The European Commission has reportedly included bauxite in the list of Critical Raw Materials for 2020 and shared an action plan and a foresight study on it for strategic technologies and sectors from the 2030 and 2050 perspectives. The inclusion of bauxite in the European Commission’s Critical Raw...
Damansara Realty Bhd in Malaysia to commence bauxite mining project work in Kuantan, Pahang
Damansara Realty Bhd (DBhd) said in a statement that its subsidiary has engaged into a term sheet agreement with YHS Resources Sdn Bhd to commence work on a bauxite mining project in Kuantan, Pahang. The proposed mining activity will be carried out on four plots of land measuring a total of 145...
Minim Martap Bauxite Project: Canyon Resources to raise A$10 million, Peter Su on board as strategic investor
The Australian Stock Exchange-listed firm Canyon Resources has received binding commitments to undertake a $10 million placement. The funds will be raised through the issue of 100 million shares to institutional, sophisticated and strategic investors at 10 cents each. The price represents a 33.3%...
Canyon Resources completes a range of testing on Minim Martap bauxite for pre-feasibility study
According to a recent report, Canyon Resources has completed a range of testing, supporting the bauxite technical specification datasheet, the basis for ongoing offtake and strategic partnership negotiations for Minim Martap Project in Cameroon. The testing included a broad range of chemical,...
Ghana Govt. will involve 30% of local companies in Sinohydro-Bauxite deal projects: CEO, Ghana Integrated Aluminium Development Corporation
Michael Ernest Ansah, CEO, Ghana Integrated Aluminium Development Corporation (GIADEC) said: “Government intends involving a substantial percentage of Ghanaian companies in the execution of projects under the Sinohydro deal.” However, there have been concerns that the majority of Sinohydro projects...
ABx completes 33,405 tonnes of cement-grade bauxite shipment from Bald Hill mine
Last week, on August 20, Australian Bauxite Limited (ABx) announced that it completed the shipment of its most recent sale of 33,405 tonnes of cement-grade bauxite from Bald Hill bauxite mine near Campbell Town, Tasmania. The firm said the loading at the Bell Bay port commenced on Monday, August...
Rusal wants to restart bauxite operations in Guyana; to submit report to Government
The Russian aluminium company Rusal has reportedly expressed an interest in reopening its Bauxite Company of Guyana Inc., the operations of which was suspended in February 2021, resulting in hundreds of layoffs, citing industrial unrest and damage to property. On Monday, the company’s Country...
EGA completes one year since its first bauxite export from Guinea Alumina Corporation
Emirates Global Aluminium, today, August 19, has marked a year since its first bauxite export from wholly-owned mining subsidiary Guinea Alumina Corporation. In last one year, EGA has exported over 6.1 million dry metric tonnes of bauxite ore to customers around the world, while maintaining a...
COVID-19 Impact: Metro Mining forwarding wet-season shutdown at its Bauxite Hills Mine
Metro Mining Limited has announced that it is moving into the planned 2020 wet season shutdown earlier than usual. The decision has been made given the ongoing pandemic of COVID-19 which continues to have an adverse impact on the market demand and price in the aluminium industry. Mining at the...
Metalcorp Group reports revenue of EUR 228.7 million in the first half of 2020
Metalcorp Group, one of Europe’s leading independent producers of secondary aluminium ingots, reported revenue of EUR 228.7 million in the first half of 2020, from EUR 305.4 million in the first half of 2019. EBITDA stood at EUR 14.7 million, from EUR 17.1 million in the first half of 2019. “The...
Canyon announces maiden JORC 2012 ore reserve at 51.1% alumina for Minim Martap Bauxite Project
According to a recent report, Canyon Resources Limited has announced a maiden JORC 2012 ore reserve for its Minim Martap Bauxite Project in Cameroon, West Africa. The reserve is estimated to have 97.3 million tonnes of ore at 51.1 per cent alumina and 2.3 per cent silica. This ore is based on the...
Metro Mining to shutdown Bauxite Hills mine for wet season
Metro Mining planned to shutdown Bauxite Hills mine for wet season if further sales cannot be concluded in the next month. The company has not sold bauxite for 2020 outside the foundation Xinfa contract. “Negotiations with refineries continue to advance, however no further bauxite has been sold for...
Globally recognised bauxite expert Yves Occello joining Lindian Resources as Non-Executive Director from July 29
According to a recent report, Lindian Resources has appointed Yves Occello as Non-Executive Director, with effect from July 29. Yves is joining Lindian Resources with total 45 years of experience in the bauxite and alumina industry. He previously served as Chief Operating Officer at Pechiney’s...
Australian Bauxite Limited ready for early shipment from Bald Hill Mine
Australian Bauxite Limited is ready to make shipment from its Bald Hill mine near Campbell Town northern Tasmania ahead of schedule. The company will ship 35,000 tonnes of cement grade bauxite from the mine on 8 August. Australian Bauxite Limited is able to press ahead during the COVID-19 pandemic....
Roll-out of National Coal Index powers the demand for National Mineral Index in India, Bauxite mining to foster
The introduction of “National Mineral Index” in India will support the mining sector to become a competitive and engaging uniform competition in auctions and active participation by small scale mining firms. The roll-out of the National Coal Index (NCI) has brought about a switch by bringing in...
Lagune Exploitation Bongouanou SA secures powers from Govt of Ivory Coast to develop Bénéné Bauxite project
On 21 st July’20, the Ivory Coast Government relinquished all powers to Lagune Exploitation Bongouanou SA, to develop the Bénéné bauxite project. This is the only mining company owned by Ivorian private capital. This concession is the outcome of the signing of addendum n ° 1 to the mining agreement...
Romanian Alumina producer ALUM stands as one of the grantees for € 8.8 million by European Commission to ReActiv project
The Industrial Residue activation for continual cement production, project 'ReActiv' will create an ultra-modern and feasible value chain, clamping bauxite residue, the offshoot of the alumina production with the cement industry. The only calcined alumina producer of Romania, ALUM takes part as a...
Govt. of India–Ministry of Mines: Projects to auction 5-6 mineral blocks in Madhya Pradesh over next 3 months, includes 2 Bauxite mines
The Ministry of Mines, Govt. of India has projected to auction 5-6 mineral blocks, including bauxite mines, in the central state of India, Madhya Pradesh over the next three months, as per a government official. However, the 11 blocks that were up for sale by the state recently, received a response...
