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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Anglo-African Minerals completion of Scoping Study for FAR Bauxite Project, Guinea, West Africa Inferred Mineral Resource of 43 million tonnes Positive NPV of US$ 163 million Anglo-African Minerals Plc, the GXG quoted mineral exploration company focused on bauxite in West Africa is pleased to...
Anglo-African Mineral, attempting to continue work defying the raging Ebola outbreak, has signed a contract with Toumyne, a drilling contractor in Guinea in October so that they can take up the Auger drilling campaign on the Momo, Elevation and Samaya plateau, an area which falls under the...
UAE-based Emirates Global Aluminium (EGA) is bullish about the global aluminium market and plans a capital expenditure of $5 billion by 2020, said the chief executive of the company. An official gave a review of the two smelters making up EGA – Dubal and Emal – and said the company was taking care...
Alufer Mining Limited has completed the initial Bankable Feasibility Study for the proposed Bel Air Project in Guinea with an estimated capacity of 10.3Mtpa. This is the first towards Alufer’s plan to develop 30Mtpa to cater to China’s growing bauxite needs. After just two years from the first...
The Rusal Aughinish refinery in Ireland receives regular shipments of bauxite from Guinea in West Africa which is the third most Ebola affected area after Liberia and Sierra Leone. The company officials however claim that none of their workers have contracted the disease yet due to their stringent...
An associate of Asia Pacific Investment Development (APID), Henry Star Dora says the Renbel Government and people should encourage investment of the Renbel bauxite. He made the statement in Honiara yesterday following the recent revocation of a mine prospecting license and a mine lease granted to...
The Boston Consulting Group (BCG) has come out with their sixth Global Challengers report for 2014 recently where EGA holds a place among the top 100 companies who are in a leadership position in key industries and important instruments for driving global economic growth. Emirates Global Aluminium,...
Anglo African Minerals, an Ireland based company is planning to speed up the development of their Gunieau-based bauxite project of 43-million ton so that it can start production by 2016. The project spread across 338 km square and once it takes off, it will ease the tension caused by the ban on...
A Guinea government official revealed that China’s Shandong Xinfa Aluminium & Electricity Group is in talks with the government to take up the bauxite project abandoned by BHP Billiton by investing $14 billion towards it. A government tender was floated regarding a bauxite concession in the region...
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...
The chairman of Bauxite Angola said on Wednesday that they are planning to spend over US$500 million in Guinea-Bissau at the time it re-launches the Madina Boe bauxite mining which is located in the east of the country, in the Gabu region. On April 12, 2012 a coup was organized by Carlos Gomes...
Anglo-African Minerals plc, the GXG quoted mineral exploration company focused on West Africa, is pleased to deliver an update to its shareholders regarding the results from the recent drilling campaign on the FAR bauxite licence in the Kindia Prefecture, Guinea. In May 2014 the Company engaged...
Anglo-African Minerals is encouraged by initial results from the sample analysis for its Toubal bauxite project in Guinea. The company engaged ALS Minerals in Ireland to undertake the analysis of 10,627 samples from the Toubal project in April. Initial interim results of the chemical analysis...
Global aluminium producer RUSAL announced today that it has won a case with regards to share purchase of the Friguia bauxite and alumina complex against the Republic of Guinea. Rusal bought over the Friguia production complex, which includes a bauxite mine, an alumina refinery and a railway network...
UC RUSAL, a leading, global aluminium producer, announces the beginning of Dian-Dian project in the Republic of Guinea. The first stage of the Dian-Dian project involves the construction and putting into operation by 2016 of a bauxite mine with an annual capacity of 3 mln tonnes with the potential...
Guinea's parliament has approved amendments in a deal with Emirates Global Aluminium (EGA) which will see the start of bauxite production in 2017 and the construction of a 2-million-tonne-per-year alumina refinery from 2018. "The National Assembly unanimously adopted the amendment of Global Alumina...
China Hongqiao Group Ltd, the largest non-state producer of aluminium of the nation, has agreed to buy an African company developing bauxite deposits for approximately $120 million. Winning Logistics (Africa) Co. and Hongqiao signed an agreement to buy a not so popular company developing a mine in...
A review of mining licenses in Guinea, the world’s biggest bauxite exporter and home to the largest untapped iron ore deposit, is deterring investors in the West African country, according to its Mines Minister. “We are really eager to see this process completed very soon, because as long as it is...
