Alcoa prices $2.6b senior notes for South32 bauxite, alumina and aluminium deal
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
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Drilling campaign under way at Metallica’s Urquhart project
<p>A key mine plan drilling campaign is under way at ASX-listed bauxite developer Metallica Minerals’ Urquhart bauxite project, near Weipa, in north Queensland, to assist with the company’s final planning for a 2017 mine start.<br /><br />Metallica noted on Thursday, August 11, that the...
Govt of Jamaica to meet JISCO officials following the sale of Alpart bauxite plant
<p>The Government of Jamaica is all set to meet with the officials of the Jiuquan Iron & Steel (JISCO) in September this year. This will be the first meeting since the Chinese firm bought bauxite company Alpart Jamaica from UC RUSAL, last month, at a total price of US$300 million. <br /><br...
Australian Bauxite reopens Bald Hill mine with its second and largest shipment of bauxite
<p>Australian Bauxite (ABx) from Sydney has completed its second and largest sale of bauxite from its Bald Hill mine, in Tasmania. They shipped 35 913 tonnes of cement-grade bauxite from Bell Bay port.<br /><br />The Bald Hill mine is the first new bauxite project in Australia in more than 35 years...
Global bauxite mining industry taking baby steps in embracing renewables
<p>Mining and clean, renewable energy do not share a common ground. Since years mineral extraction has caused environmental devastation in many countries across the world. Profit-driven boardrooms of mining multinationals have seldom prioritized climate change and sustainability considerations. But...
Guinea to beat Australia as top bauxite supplier to China by 2017
<p>Experts predict that Guinea will replace Australia as China’s top bauxite supplier by 2017, China’s Ministry of Finance said on its website on July 22. <br /><br />Bauxite output in Guinea totaled some 19 million tonnes in 2015 and is expected to reach 28 million tonnes by 2016. The...
Fluor Corp bags $501 mln bauxite expansion project in Guinea
<p>Irving, Texas based multinational engineering and construction firm Fluor Corporation has been awarded with a major bauxite expansion project in Guinea. The engineering, procurement and construction management contract was signed between the representatives of Compagnie des Bauxites de...
IronRidge says new bauxite resource has big potential
<p>IronRidge Resources has unveiled an initial 4.9 million tonne (MT) resource of bauxite at its Monogorilby project in Queensland, Australia.<br /><br />Bauxite is processed to produce aluminium and this maiden resource comes a time when major miners are approving significant long-term project...
OMC and Vedanta Resources team up to secure bauxite mining rights in Niyamgiri Hills
<p>Odisha Mining Corporation (OMC) and Vedanta Resources have teamed up to find a headway together in the Niyamgiri bauxite mining issue which has long been the centre of a multi-faceted problem involving the state, the mining conglomerate, and major political parties at the Centre. <br /><br />OMC...
Pahang government to Kuantan bauxite miners: Fulfil all conditions first
<p style="text-align: left;">Government of Pahang sends out a clear message to the bauxite miners in the region- they should fulfil all conditions stipulated for them before the moratorium on mining can be lifted. <br /><br />Natural Resources and Environment Minister Datuk Seri Wan Junaidi Jaafar...
Bauxite Resources continues to look for new investment opportunities in mining
<p>Bauxite Resources Ltd publishes its June 2016 Quarterly Activities and Cashflow Report. The report confirms that the proposed 5 cent per share return of capital payment was completed on 21 June 2016.<br /><br />Exploration activities continued but at a minimal levels on the HD Mining...
Aurum Exploration met compliance regulations during one year of bauxite export stagnation
<p>The bauxite mines in Bua, Papua New Guinea, have been constantly under the scanner. The Department of Mineral Resources has conducted regular inspections, all of which revealed full compliance on the part of Aurum Exploration Fiji Ltd, the company owning the bauxite mining sites in the region....
Aurum Exploration Fiji to resume bauxite exports after a year
<p>Aurum Exploration Fiji Ltd is all set to export 70,000 tonnes of bauxite valued at $4 million, which had remained unshipped at the mining sites, next month after a year of export halt. Acting director for mines at the Department of Mineral Resources, Apete Soro, confirmed that the bauxite...
Australian Bauxite posts strong sales in the quarter ended June 30
<p>Australian Bauxite Limited released their quarterly report & activities statement for 3 months to 30 June 2016 on July 24, Sunday. The mining group with an available cash plus R&D incentive (due) amounting to $2.9 million posted strong sales of cement-grade bauxite totalling 40,000...
Rio reports nine per cent production growth in Bauxite in Q2 2016
<p>Rio Tinto releases its second quarter production results on July 19 2016 reporting growth in all verticals of its aluminium business.<br /><br />Rio reports nine per cent production growth in Bauxite in comparison to the first half of 2015. This was primarily due to the three per cent improved...
North America's market share in bauxite mining to grow on the back of increased aluminium demand
According to a recently published report, North America has the largest market share for bauxite mining owing to increased aluminium demand in the region. Europe and Asia Pacific region follows North America in bauxite demand. North America is expected to maintain its dominance from 2015-2020....
National Aluminium gains on bagging Pottangi bauxite mines
National Aluminium Company (NALCO) was trading higher by 4 per cent to INR 50.10 on the BSE in an otherwise subdued market after the company announced that the government has granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company's 22,75,000-tonne alumina refinery is...
NALCO granted mining lease of Pottangi Bauxite Mines in Odisha
Odisha’s Department of Steel & Mines has granted the lease of Pottangi Bauxite Mines, in Koraput district of Odisha to Navaratna PSU National Aluminium Company Limited (NALCO), a company press release reported yesterday. The lease, which covers an area of about 4,295 acres has been granted for a...
Chhattisgarh CM announces significant bauxite find in Jashpur
New bauxite deposits have been unearthed in Jashpur district of Chhatisgarh in India, Chief Minister Raman Singh informed the State Assembly in a written communication. He also informed that the State geological team has not confirmed the presence of any limestone deposit in the region....
