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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Metro holds 70% increase in shipping costs responsible for its declined profit margins
Australian exploration and mining company Metro Mining Limited said that its profit margin per wet metric tonne (wmt) decreased by 36 per cent in the fourth quarter ended on December 31, 2019. According to the company, increased shipping costs over the year by almost 70 per cent are responsible for...
Ghana’s Atewa Chiefs laud Bauxite Mining in Atewa Forest
The Atewa enclave Chiefs and elders have separated themselves from the protest organized by members of the Concerned Citizens of the Atewa Landscape to stop government plans to mine bauxite in the Atewa forest reserve. On 21 st January’20, the protest members commenced the march from Sagyimase to...
Bauxite Company of Guyana Inc layoff more than 100 employees
Russian-owned Bauxite Company of Guyana Inc (BCGI) has reportedly layoff more than 100 employees, with effect from January 23, for downsizing its operations as a result of fuel shortage. The news came after the workers of the company’s mining site in Maple Town Aroaima, Region 10, said that they...
Metro Mining published December’19 quarter report: 15% downfall noticed
The Australian Bauxite miner Metro Mining has published its performance sheet of December’19 quarter, with production aligned with expectation. A downfall of 15% has been noticed when compared to the September’19 quarter, though when compared to June’19 quarters, a straight growth of 37% is...
Mining giant Indonesia Asahan Aluminium looks out for triple Aluminium production
Indonesia Asahan Aluminium (INALUM) has put down long-term intent of tripling its production volume by stretching out operations to the Island of Borneo, as it solicits to resort the region’s profuse bauxite reserves. According to Managing Director, Oggy Achmad Kosasih “The state-owned company...
Why buy "Aluminium Industry Recap 2019: A Look Back at the Global Aluminium Value Chain" report?
AlCircle’s “Aluminium Industry Recap 2019” brings to you an opportunity to look back at the key developments in the year gone by. Although the year 2019 was an aftermath of trade wars, restrictive tariffs, sanctions, capacity cuts and price volatility that impacted the entire aluminium value chain,...
Rio Tinto shot up Amrun-Australia’s bauxite production as iron ore sinks
Rio Tinto has accomplished its ramp-up of the Amrun project in far north Queensland as scheduled, strengthening the operations for better performance in the company’s bauxite division. The gross output of the company has shot up 9% in 2019 when compared with the preceding year to 55.1 million...
First million tonnes Bauxite ore gets shipped: Guinea Alumina Corporation
Guinea Alumina Corporation SA (GAC) declared on 15 th Jan’20 that it has shipped more than one million tonnes of bauxite ore since exports began in August. The company pursues to ramp up to outreach its insignificant capacity of 12 million tonnes per year. Daniel Cornel Pop, GAC's interim CEO,...
Pilot drilling validates premium-grade bauxite at Gaoual, Guinea: Lindian Resources
Lindian secured their interest in the Gaoual project, Guinea in April after signing an agreement with KB Bauxite Guinea SARLU and its sole shareholder Guinea Bauxite Pty Ltd. Lindian Resources initiated drilling at two locations where the land has been sanctioned for Gaoual Bauxite Project, West...
Relief from Bauxite dust pollution for Linden residents: Assurance by Bosai Group
Bosai Minerals Group Guyana Inc. (BMGGI), has assured to carry out an ultra-dynamic dust collection measures. The residents of Linden are poised to enjoy extra relief from the dust pollution caused by the Chinese bauxite mining company. This is according to Environmental Protection Agency (EPA)...
Guinea’s bauxite exports to continue to grow by 3% in 2020 driven by new investments and expansions
Guinea’s bauxite-aluminum industry is undergoing a significant expansion of investment, concession agreements, and in-country mining and refining operations. Emirates Global Aluminium's Guinea Alumina Corporation (GAC) project is likely to boost the industry further, being one of the largest...
ALCOA Australia looks to Future diggers
The first time in a decade, Bauxite mining company Alcoa, at their mines near Pinjarra, Western Australia, has been offering nine-year-long traineeships and has recruited 2 peoples from Rockingham for the job. It has been published that more than 1300 peoples have applied for the traineeship...
Maharashtra gets ready to auction Bauxite dumps
The new state Govt. of Maharashtra, India, led by Uddhav Thackeray has delivered a push in the mining activity by issuing fresh guidelines for the auction of tonnes of bauxite dumps. Maharashtra has enormous dumps of bauxite. As per the new policy guidelines issued by the industries department, the...
Nyinahin bauxite: Chiefs demand CEO from Tano-Offin area
Chiefs of Tano-Offin holds accountable the Ghana Integrated Aluminium Development Corporation (GIADEC) of ambiguity in its operations and plans as far as the mining of bauxite in the Nyinahin forest reserve in the Ashanti Region is concerned. In a statement of protest jointly signed by Nana Tabbri...
Plan for $300 million CAPEX on Lanjigarh alumina refinery in FY20: Vedanta
The giant in metals and mining, Vedanta Ltd has planned a capital expenditure of $250-300 million in the next fiscal on the ramp-up of its Lanjigarh alumina refinery in Odisha. Vedanta, in an astonishing manner, has proposed to expand the capacity of the refinery to 6 mtpa. The refinery's present...
Chalco ships first bauxite from Boffa mine, Guinea
The Aluminium Corporation of China Ltd., CHALCO, shipped the first cargo of bauxite from its Boffa mine in Guinea, as per a company spokesman confirmed on 7 th January’20. Alumina is produced from a rock known as bauxite, which is then refined to make aluminium metal. As on 7 th January’20, it has...
Noranda Bauxite lauded by Grange for contribution to sports in St Ann
The Jamaican Minister of Sports, Olivia Grange, lauded Noranda Bauxite for its excellent contribution to sports development in St Ann. According to Grange, this is “demonstrated by the 30-plus community teams that participated in the 2019 Noranda Community football league." The sports minister’s...
Vedanta to bid in the forthcoming rounds of bauxite auctions, report says
According to a report on December 31, Anil Agarwal-led Vedanta Limited declared that it would bid in the impending rounds of auctions for bauxite and iron ores, while looking forward to the government’s action towards restructuring the import duties of primary aluminium, scrap and downstream...
