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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Ghana starts road construction project with the arrival of first installment of fund under Sinohydro bauxite deal
China’s ability to move faster with the infrastructure deals gives the country an edge in African infrastructure investment over the U.S., European and Japanese rivals. As the first installment of US$649 million financing has arrived, Ghana is moving fast to build the infrastructure projects...
Scoping study for Canyon Resources' Minim Martap Bauxite Project in Cameroon forecasts two stage mining potentials
Canyon Resources, which is planning to develop its Minim Martap Bauxite Project in Cameroon in two stages, has recently released a scoping study supporting a simple and effective stage one mining operation. The scoping study reveals that stage one would be a self-supporting bauxite mining operation...
Australian Bauxite Ltd likely to go ahead with Binjour bauxite mine after positive bulk sampling
Australian Bauxite Limited's bulk-sampling programs at Binjour QLD in 2019 have defined the optimum Mining Lease Application and clarified the mining-processing strategy for the Binjour bauxite project. The results confirmed that the mining project can operate at a bulk-scale and is capable of...
EGA signs five-year bauxite supply agreement with Xinfa
Emirates Global Aluminium has signed an agreement to supply Xinfa with bauxite from its Guinea Alumina Corporation bauxite mine for the next five years. EGA will supply the Chinese company with millions of tonnes of bauxite each year from 2020, with the first vessel scheduled to load in January....
Rocktree Consulting announces completion FEED work for floating terminal for Bauxite Hills Mine
Rocktree Consulting has announced completion of the Front-End Engineering and Design (FEED) for a new floating terminal for Metro Mining Limited’s Bauxite Hills Mine in Australia. The miner exports its bauxite to China, the key consumer of bauxite. The FEED work is a part of an updated Definitive...
Indonesia believes its bauxite downstream to reach US$13 billion by 2020
Indonesia, with the sixth-largest bauxite reserves in the world, reportedly believes that its bauxite downstream can reach US$13 billion next year from the current US$9 billion. Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan pointed out that the country, despite having the...
Upstream integration by GCC aluminium smelters to achieve new goal with EGA’s bauxite, alumina project
Amidst the potential primary aluminium production capacity, the GCC aluminium giants are increasingly exploring upstream possibilities as well. For instance, Al Taweelah alumina refinery and the Boke bauxite project in the Republic of Guinea are the key parts of EGA’s strategic expansion in...
Chalco to make first bauxite shipment from Boffa mine by early-December
According to an official from parent and state-owned company Chinalco, Aluminium Corporation of China Limited, popularly known as Chalco, would make the first shipment from its Boffa’s bauxite mine in Guinea by early-December. Last month, a Chinalco official at the China Mining conference in...
China approves funding for first lot of Phase One of Sinohydro Projects in Ghana
According to a recent report, China has approved the funding of the first lot of Phase One of the Sinohydro projects in Ghana, as per the agreement signed between China and Ghana in 2018. According to the agreement, China will have access to sites to mine bauxite in Ghana in exchange of development...
Metro Mining secures A$47.5 million loan facility for Bauxite Hills expansion project
Metro Mining Limited has received a loan facility from Northern Australia Infrastructure Facility (NAIF) for Stage 2 Expansion of the Bauxite Hills Mine north of Weipa on Eastern Cape York. The facility is for up to A$47.5 million provided through a loan for up to 9 years. The funding would be used...
Metro Mining records strongest monthly shipments till data at Bauxite Hills during October
Metro Mining Limited, in its monthly performance report, revealed that its bauxite shipments at Bauxite Hills Mine during October came in at 504,000 wet metric tonnes (WMT), marking the strongest monthly performance since operations began in April last year. Compared with 497,000 tonnes in...
Malaysia to issue licenses by January for the restart of bauxite mining and exporting
According to a Reuters report, Malaysia will issue bauxite mining licenses to companies in December or January, which will allow the miners to resume activities after the ban in early 2016 over unregulated mining and water contamination. The news came after Xavier Jayakumar, Malaysia’s water, land...
Metro Mining reports improved bauxite production and shipment in September 2019 quarter
Metro Mining has release its Quarterly Activities Report for the September quarter 2019. Total Bauxite mining for the Quarter stood at 1,420K WMT and the miner shipped 1,415K WMT. Both the numbers registered record levels since operations commenced. The Bauxite Hills Mines has registered month on...
Vedanta’s alumina cost falls to a two-year low on increased coal and bauxite supplies
Improved availability of coal from linked mines and robust output of around 1 million tonnes per annum from Vedanta’s captive Chotia block has helped the company achieve cost competitiveness in the manufacture of alumina. According to a report, Vedanta’s alumina cost at Odisha’s Lanjigarh refinery...
Hydro's EBIT for Bauxite & Alumina up 16% QoQ in Q3 2019
Hydro released results for the third quarter of 2019. Underlying EBIT for Bauxite & Alumina decreased by 30% compared to the third quarter of 2018. The Underlying EBIT stood at NOK 481 million in Q3 2019, down from NOK 685 million in Q3 2018. But EBIT was up 16% quarter-on-quarter. “The results...
A Queensland University study shows bauxite, copper and iron ores face significant ESG challenges
A study published by researchers at the University of Queensland’s Sustainable Minerals Institute shows that some significant metal ores have the potential to face Environmental, Social and Governance (ESG) challenges, which may impact the global supply of metals. The scientists studied the ESG...
Ghana government to construct two weigh bridges for measuring the quantity of bauxite and manganese carried for export
Ghana government is soon constructing two weigh bridges in the Bibiani-Anhwiaso-Bekwai Municipality and Ahanta West District respectively in order to accurately measure the quantity of bauxite and manganese being carried to the Takoradi Port for export. Ghana’s Minister of Lands and Natural...
Metro Mining completes Definitive Feasibility Study for the Stage 2 expansion of the Bauxite Hills Mine
Metro Mining has announced the completion of the Definitive Feasibility Study (DFS) for the Stage 2 expansion of the Bauxite Hills Mine. The press release says that the expansion will reduce unit operating costs and increase production capacity to 6M WMT per annum from 2021 onwards. The DFS also...
