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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Metro Mining submits environmental statement for Bauxite Hills project
Australian bauxite developer Metro Mining has submitted environmental impact statement (EIS) for the Bauxite Hills project in Cape York to the Queensland Government Department of Environment and Heritage Protection (DEHP). The company said that the latest move marks the commencement of the...
Andhra Pradesh govt cancels bauxite supply deal with Anrak Aluminium
In a major blow to India's Anrak Aluminium Limited, the Andhra Pradesh government has issued orders for cancellation of bauxite supply agreement made between APMDC (AP Mining Development Corporation) Limited and Anrak Aluminium Limited (AAL). The decision has now raised a question mark on...
Metallica finds port solution for Urquhart bauxite project
ASX-listed Metallica Minerals has struck a heads of agreement (HoA) with the operator of the nearby Hey Point bauxite mine to provide logistical services for the Urquhart bauxite project, in Cape York. The agreement would see direct shipping bauxite from the Urquhart mine delivered to export...
'Kuantan MP wants moratorium on bauxite mining extended
Kuantan MP Fuziah Salleh wants the three-month moratorium on bauxite mining in the state be extended until a more comprehensive standard operating procedure (SOP) is put into place. Fuziah also urged that existing licences for bauxite mining activities be cancelled and new applications be made...
'Berserk' aluminium boom signals bauxite bonanza for China's quarry
Key aluminium ingredient bauxite is shaping up as China's newest obsession in its mission to secure raw materials and once again minerals-rich Australia is a major target. China's investment in Australia's mining industry plunged, along with the global commodities rout, dropping in 2015 to the...
India’s Supreme Court rejects bauxite mining in Odisha’s Niyamgiri Hills
India’s Supreme Court ruled on April 1, Friday last week, that it could not issue an order for bauxite mining to begin in Odisha without getting input from local governments and other stakeholders in the area. The court required that the Odisha Mining Corporation add the fourteen gram sabhas (local...
Australian Bauxite says firm soon to reopen Bald Hill Mine
After months of delays, Australian Bauxite says that market conditions are finally returning to a level that will make it possible to reopen operations at its Bald Hill mine. The firm has been attempting to sell the 120,000 metric tons of bauxite they extracted from their mine in Campbell Town,...
Guinea and Burkina Faso to take back unused mining permits
Guinea and Burkina Faso plan to take back hundreds of unused mining permits for re-auction, ministers said this week, as governments try to reignite interest in the sector amid a downturn. Permits awarded in recent years that are not being used for exploration or production should be made available...
Iron Mountain eyes bauxite on Solomon Islands
Junior explorer Iron Mountain Mining has secured an option over two bauxite projects in the Solomon Islands. The company reported on Wednesday that it had signed an option agreement to acquire a 50 per cent stake in privately-held Au Capital Mining, which held two prospecting licences in the...
India's Warna Minerals files petition against illegal bauxite mining by a Mumbai firm
In a twist to the ongoing issue over bauxite mining in Shahuwadi tehsil in the district, India's Kolhapur-based Warna Minerals on Monday filed a petition in the Bombay high court claiming that it had sought all the permissions, but a Mumbai firm illegally carried out mining at the site. The hearing...
JSW wins South32 contract at Boddington bauxite mine
Hughes Drilling’s WA division JSW has won contracts with Ramelius Resources and South 32. The South32 contract is at the Boddington bauxite mine for 18 months. Under the contract, JSW will continue to provide blast hole drilling services, utilising four blast hole drills to complete the project....
New SOP on bauxite mining sent to Malaysian federal govt.
<p>The proposed improved standard operating procedure on bauxite mining has been completed and sent to the federal government, said Menteri Besar Datuk Seri Adnan Yaakob, in Kuantan, Malaysia.<br /><br /> He said the SOP, which was produced with the cooperation of all relevant agencies in the...
Australian Bauxite hopes improving market conditions will fire up its Campbell Town mine
Australian Bauxite hopes it will be able to finally lock in a sale within the next month for some of the 120,000 of material extracted from its Campbell Town mine last year. Trouble struck the small mining company’s Bald Hill mine in December when the global bauxite mining collapsed, just after it...
Wan Junaidi cites lack of rules for slow reaction to Pahang bauxite crisis
A lack of regulations and coordination among government agencies were the main reasons why Putrajaya was slow to respond to the Pahang bauxite mining crisis, Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar admitted today. He also said the state lacked thorough...
Metro Mining increases offer for Gulf Alumina Limited
Metro Mining has increased the offer for Gulf Alumina Limited. In December 2015, Metro announced an all scrip merger offer of 3.3 shares in Metro for every 1 share of Gulf. On 8 March 2016 the Original Offer was declared to be free of all conditions. Metro said that as a result of acceptances of...
Resumption of bauxite mining contingent on compliance: Malaysia Natural Resource Minister
Malaysia’s Minister of Natural Resources and Environment Datuk Dr. Haji Wan Junaidi Tuanku Jaafar addressed reporters yesterday on the subject of the ongoing bauxite moratorium and cleanup, and new rules that are expected to take effect when mining is again allowed in the area. Wan Junaidi said...
Odisha bauxite mines allocation to L&T gets delayed
Engineering conglomerate L&T's bid to bag the prized Kutrumali and Sijimali bauxite deposits has hit the wall of delay. Although the Odisha government had recommended the twin bauxite deposits in favour of L&T, the central mines ministry has questioned the delay in grant of mineral concession to...
India mines ministry gives its nod to increase Odisha’s bauxite mining lease area
The Ministry of Mines (India) has given its consent to increase the lease area for mining of the mineral from 10 sq. km to 50 sq. km. in the state of Odisha. This is expected to bring economies of scale and increase production of bauxite in the country. Deepak Kumar Mohanty, director of mines,...
