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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First Aboriginal mine opens in Northern Territory
Sunday was a proud day for Aboriginal people in Australia's Northern Territory, with the opening of a new bauxite mine. At a ceremony marking the official mine opening, Gumatj leader Galarrwuy Yunupingu poured a handful of bauxite into the hands of two Rio Tinto (LON:RIO) workers, Sky News reported...
AfDB approves $100 million loan for bauxite mine in Guinea
The African Development Bank (AfDB) is providing $100 million loan to support bauxite mine construction in northwest Guinea. AfDB said in a statement on Saturday that Guinea Alumina Corporation will operate the new bauxite mine with an annual production capacity of 12 million tonnes. Guinea Alumina...
EGA signs port facility agreement with Abu Dhabi Ports to import bauxite from Guinea for its Al Taweelah alumina refinery
Emirates Global Aluminium (EGA), the largest aluminium conglomerate in the Middle East has signed a long-term port facility agreement with Abu Dhabi Ports to import bauxite for its under-construction Al Taweelah alumina refinery. Khalifa Port sets to become the first port in the Middle East to...
Jamaica’s bauxite export nearing a 16% YoY decline in H2 2017
Bauxite exports from Jamaica is about to end the year 2017 in a drop. Totalling at 1.54 million tonnes during July-November (till date), the volume stands shrunk by 16 per cent from the year-ago period. This explains to a certain extent why the Jamaican government has stepped up its initiatives to...
Ghana drafts bill for Integrated Bauxite & Aluminium Development Authority
Government of Ghana is drafting a bill to be presented to parliament for the establishment of the Integrated Bauxite and Aluminium Development Authority, according to news published by citifmonline.com. Alhaji Dr Mahamudu Bawumia, Vice President of Ghana, made the announcement at the ongoing...
MOL inks five year bauxite transport contract with Alufer Mining Limited
Mitsui O.S.K .Lines (MOL) has signed a five year bauxite transport contract with Alufer Mining Limited. Alufer is an independent mineral exploration and development company with significant bauxite assets in the Republic of Guinea. Alufer has received all required permission from the government of...
SMB plans Guinea alumina refinery by 2022
A consortium of the Societe Miniere de Boke (SMB) and Singapore’s Winning Shipping plans to build Guinea’s first alumina refinery in a $3 billion effort to develop the West African country’s bauxite industry, it said on Monday. Guinea has about a third of the world’s bauxite reserves and expects to...
Metro Mining completes major infrastructure at Bauxite Hills Mine
An Australian exploration and mining company Metro Mining announced that all major infrastructure had reached practical completion including the Barge Loading Facility (BLF), Marine Offloading Facility, cyclone moorings, navigational aids and tidal gauge. Metro Mining Managing Director Simon...
Pahang MB: Bauxite mining still a problem despite moratorium
The Pahang government still faces various problems relating to bauxite mining, despite the federal government having imposed a moratorium on the activity, Menteri Besar Adnan Yaakob told the State Assembly. Adnan said the problems included failure of bauxite mining operators to comply with the time...
Bauxite projected to bounce back in 2018
The bauxite industry is likely to see improvements in its performance with the increase in world demand for aluminum, and the construction of a new mine in 2018. The construction of a mine at Bonasika next year is anticipated to benefit the industry with added productive capacity, Minister of...
Exton Cubic bauxite mining case postponed to February next year
Exton Cubic Group Limited’s application launched at the High Court for judicial review has been postponed to February 2018. The company wishes a renewal of bauxite mining license which was revoked by the Lands and Natural Resources Ministry. The Minister for Lands and Natural Resources John Peter...
IronRidge discovers high-grade bauxite in Queensland
IronRidge Resources Limited announced that they have discovered high-grade bauxite at its wholly owned Monogorilby bauxite project in Queensland, Australia. Vincent Mascolo, CEO of IronRidge, said: "We are very pleased with the results of the Company's ongoing mapping and sampling activity at...
Mercantile lodges bidder statement for Bauxite takeover
Mercantile Investment which has proposed a takeover bid for Bauxite Resources so far has only 3.1 per cent of the company’s shares, a bidder statement lodged today confirmed. The company wants to acquire controlling stakes of the exploration firm with an off-market 9c-a-share cash offer for half of...
No mining in Cockpit Country from now; Jamaica PM announces ban
Andrew Holness, Prime Minister of Jamaica, announced a ban on mining activities in the Cockpit Country Protected Area, Jamaica. Andrew Holness made the statement in parliament on Tuesday, November 21. Holness said, “In this regard, the Mining Act and any existing mining licences will be amended to...
Bauxite Resources sets out facts for Mercantile; says considerable progress made in exploration
In an official response to Mercantile chairman Ron Brierley’s comment that “it is time to call a halt” Bauxite Resources said the statement made was “misleading.” Bauxite in its ventures has been satisfactorily successful and continues to make further strides in bauxite exploration and mining...
Indian govt extends Public Utility Service status for bauxite mining and aluminium sector
The Government of India said Wednesday, November 15, that it has decided to further extend the “Public Utility Service” status of the services in the aluminium and aluminium manufacturing and bauxite mining sector for a period of six months. To be effective from November 16, these services come...
Chalco expects to start bauxite mining in Guinea by early 2018
The growing demand for bauxite in China is driving domestic integrated aluminium producers to explore opportunities outside China to invest in projects to extract the valuable raw material. A representative from Chalco, a unit of China's biggest state-run firm, Chinalco, said on Thursday that the...
Jamaica betting big on bauxite and alumina sector - Alpart to be the game changer
Jamaica’s bauxite and alumina industry is on a growth trajectory. Driven by the reopening of Alpart bauxite mining and processing complex by Jiuquan Iron and Steel Company (JISCO) Limited in Nain, St. Elizabeth, the industry is growing bringing hope for the entire economy, Minister of Transport and...
