Imported bauxite prices in China moved slightly higher last week amid improved activity in the spot market. No trend-level shift emerged on the supply-demand side. Although rainy-season disruptions and elevated freight rates continued to weigh on Guinea's export volumes, the country's weekly...
Recently, domestic alumina spot and futures prices have weakened in tandem, and market sentiment has become more cautious. According to Mysteel research, China's operating alumina capacity has reached 99 million tonnes per year, the highest level so far this year. New commissioning and technical...
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One of the world's largest exporters of metallurgical bauxite, operating mines located in the northwest of the Republic of Guinea, Compagnie des Bauxites de Guinée (CBG) has paid a total of $471 million during 2015 and 2019, as reported by the senior officials from the Ministry of Mines and...
Dr Sakoba Keita, Head of Guinea's National Health Security Agency, said: “Guinea has entered an Ebola ‘epidemic situation’ with seven cases confirmed, including three deaths.” On 14 th February 2021, the health officials confirmed that at least three people have died in Guinea and several others...
On 14 th February 2021, Guinea’s Minister of Mines and Geology paid a visit to the Balaya bauxite mining site in the prefecture of Kindia, before proceeding to the inauguration of the new bridge located in the locality of Féréfou, under the sub-prefecture of Friguiagbè. The minister was accompanied...
The bauxite mining company Compagnie des Bauxites de Guinée SA (CBG) is likely to take forward the long-due dispute settlement with local communities over the resettlement of a bauxite mine. According to a report, now Rio Tinto has provided expertise to CBG to help settle the dispute, which has...
RUSAL has announced that the management of the Company's Representative office in Guinea has been awarded the Guinea Best Company Awards for its contribution to the fight against COVID-19 and socially responsible policy during the pandemic. The Guinea Best Company Awards event is organised annually...
Africa is one of the largest producers of aluminium ore BAUXITE. African nation Guinea stands as the world’s highest exporter of bauxite and ranks at number two in bauxite production. The other African countries producing bauxite are Ghana, Cameroon, Mozambique, Ivory Coast, etc. Although having a...
Lindian Resources, the ASX-listed West African bauxite mining company has finalized the memorandum of understanding (MoU) with Chinese giant, China Railway Seventh Group that will build a feasible infrastructure road map to support the development acceleration and kick-start bauxite production of...
General, CAMALCO SA (Canyon Resources’ wholly-owned Cameroon subsidiary). Mr Rick Smith was appointed as Director-General of the Canyon’s wholly-owned Cameroon subsidiary Camalco Cameroon SA (Camalco) on 17 th January 2021and will be based in Cameroon. Mr Smith will focus on the delivery of the...
Rio Tinto, the world's second-largest metals and mining corporation, has reported its full-year and the fourth quarter production results of 2020, revealing that bauxite output in Q4 2020 stood at 13.3 million tonnes. That was up by 12 per cent per cent quarter-on-quarter. Full-year production was...
On 16 th January 2021, the AGB2A Company as a part of its development has signed an agreement with its strategic partner Sunda Mining (SD Mining) SA, in presence of the CEO of Axis at Conakry, capital of West African nation Guinea. The agreement spotlights for the exploitation of more than 20...
The bauxite tycoon, Fadi Wazni, after acquiring the world's number one speciality alumina refinery in France, Alteo, the Franco-Guinean Chairman of the Board of Directors of the Boké mining company, plans to develop an alumina refinery in Guinea. The buyout plan by the Guinean UMS (United Mining...
AGB2A, a Guinea based company, which produces one of the best metallurgical grade bauxite for alumina refinery by dry beneficiation process involving crushing and screening of ore. Now the Sino- Guinean consortium is in the eyes of the Guinean justice which ordered, on January 4, 2021, towards the...
On Thursday, January 7, a commercial court in France gave a green signal to Guinean logistics specialist United Mining Supply (UMS) to take over Alteo, a global leader in specialty alumina. The former was the last remaining bidder to take charge of Alteo’s production site near the southern city of...
On 1 st January 2021, the Winning Consortium Railway Guinea (WCRG) concluded, the work relating to the assembly of the main structure of the two large stacker-reclaimers of the railway line from Dapilon (Boké) to Santou (Télimélé) in the administrative region of Boké across the locations of the...
The mining sector of Guinea in 2020 has been able to withstand the COVID-19 pandemic and the electoral crises, which have been declared as a black year for the West African nation. It is the mining sector that has enabled the economy to repress the shocks caused by this unusual health crisis....
The data analytics and consulting company, headquartered in London, GlobalData Plc in April’20 reported that bauxite miners generally been unaffected, with the major producing countries of Australia, Guinea and Brazil were yet to announce the closure of mines at that time and mines in China have...
ASX-listed high-grade bauxite developer Lindian Resources has reportedly received a nod from the Guinea Ministry of Mines to acquire a 61 per cent stake in the strategic Woula bauxite project. Lindian sees Woula as a potential bauxite producer given its direct shipping ore capability and the close...
On 9 th December ‘20, the Board of Directors of the International Monetary Fund (IMF) approved a disbursement of $ 49.47 million for Guinea as part of the aid to the nation facing the difficulties of stabilizing their balance of payments. The government of Guinea has praised the continuation of the...
