Coal India, the world’s largest coal producer, is evaluating bauxite opportunities in Ghana as the Indian state-controlled miner eyes expansion beyond coal and to secure overseas mineral assets. The Ghana interest is part of a wider plan to establish Coal India’s first overseas trading office in...
Volta Aluminium Company Limited (VALCO) plans to move further into Ghana’s aluminium value chain with a new continuous casting and rolling mill that will produce aluminium rods for electrical cable manufacturers. The company has already supplied test samples to Nexans Kablemetal and Reroy Cables,...
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<p>The world bauxite industry and the market are moving fast with the new positive trend in the aluminium market. New projects and expansions are on track and the companies have reported positive results. Here is a quick recap of the top headlines from the global bauxite industry from the week gone...
<p>Ghana is on its way to revive the economy. The country on the West Africa's Gulf of Guniea is considering further unleashing its mineral resource potential to transform the economy through development of industries and job creation. Ghana President, Nana Akufo-Addo said bauxite deposits at Kyebi...
<p>The Volta Aluminium Company (VALCO), owned by the government of Ghana, will be resurrected by the government in order to attain ideal capacity. In recent years, the Volta Aluminium Company (VALCO) has faced challenges in energy supply and huge debts.<br /><br /><img...
<p>The 2016 presidential election of Ghana is round the corner and candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, has promised Ghanaians that if his party comes into power in the December 7 elections, he would make industrialization his prime agenda for Ghana.<br /><br...
Aluworks announced that they are close to sealing a US$25million strategic investment deal with Vendata Resources, one of the world’s largest natural resources companies with an interest in aluminium and other resources. “We are talking in a matter of weeks,” Ralph Rossouw, a Director of Vendata...
Tropical Cable and Conductor Limited (TCCL), an indigenous aluminium and copper electrical and telephone cable manufacturer, says it is continuously investing heavily in quality management systems to promote integrity and quality of the company’s products. Speaking at a seminar for newly-certified...
Unreliable power supply remains a key challenge to the sustainability of the mining industry in Ghana, Mr Kwame Addo Kufuor, the President of the Ghana Chamber of Mines, has said. Speaking at the opening session of the three-day 11th West African Mining and Power Conference in Accra, Mr Kufuor said...
A Principal Mining Officer at the Minerals Commission, Jerry Ahadzi has said that Ghana is in search for investors to exploit its bauxite and other mineral resources. These investors, according to him would also be expected to lead in the development of the entire value chain for these mineral...
Metal manufacturing firms in Ghana, which include small to medium sized aluminium smelters, continue to record losses in their operations due to a host of factors including the hostile exchange rate market and the poor power situation in the country. According to the industry sources, the rolling...
BOLDMAN, the Bolton manufacturer of aluminium structures, is flying the flag for the town across the world with over 50 per cent of its business now coming from overseas sales. Set up in 1996, the manufacturer now employees 22 people in its workshop on the Britannia Way Industrial Estate and ships...
The Ministry of Lands and Natural Resources plans to introduce a policy to ensure that no bauxite leaves Ghana in its raw state. The policy seeks to encourage exporters to process the mineral into alumina or alluminium before exporting it out of the country. Nii Osae Mills, the Sector Minister, who...
President John Dramani Mahama on Tuesday gave the assurance that government would do everything under its purview to revive the Volta Aluminum Company (VALCO) to take its rightful position in the smelting of alumina in the country. He said he had directed the Ministry of Power to make available all...
Behind the rusting security gate at a secluded mine entrance, two flagpoles stand side by side. One flies the black star of Ghana while the other, which once carried the Canadian Maple Leaf, now displays China’s red ensign. Yet half a million Canadian foreign aid dollars, earmarked for communities...
Cheap Chinese aluminium products, buoyed by a kind export rebate, have taken over the Ghanaian market and are pushing the nation’s main manufacturer of aluminium products -- Aluworks -- to the fringes. Aluworks’ MD Kwesi Okoh is troubled by the situation and is calling on the Ghanaian government to...
Mining operations and ore shipments have been halted and disrupted by the ongoing outbreak of Ebola in West Africa, which has claimed thousands of lives in the region. Will Ebola in West Africa affect the Chinese aluminum industry, or in which ways? Annual output of bauxite in Guinea, Ghana, Sierra...
Minerals output rose in the first half of 2014 but revenues declined due to lower prices, Chamber of Mines data have shown. Ghana’s export revenues from gold, bauxite, diamond and manganese in the period was US$2.143 billion, down from US$2.477 billion in the first half of 2013. Bauxite revenue...
China has witnessed a 39.8% decline in June’s imports from a year ago, down to 19.5 million tonnes. The fall is attributed to last year’s high base following large stockpiling and the preference to consume on-hand stocks. Except for one shipment of Indonesian ore in May, no arrivals of Indonesian...
Inbound shipments of bauxite to China grew 37.91% from May to 2.93 million tonnes in June due to increased imports outside Indonesia, Shanghai Metals Market learned. Except one shipment of Indonesian ore from bonded area in May, no arrivals of Indonesian goods have been reported since this April...
