Maaden secures $1b in oversubscribed financing as Saudi mining push accelerates
Saudi Arabian Mining Co. (Maaden) has secured USD 1 billion in inaugural international syndicated credit facilities, with strong demand from global lenders highlighting confidence in the company's expansion strategy and Saudi Arabia's broader mining ambitions. Maaden has secured USD 1 billion in...
Vedanta Aluminium veteran Rajiv Kumar joins Jindal Steel as COO
Vedanta Aluminium veteran Rajiv Kumar has been appointed Chief Operating Officer (COO) of Jindal Steel after completing a successful stint as Chief Executive Officer of Vedanta Aluminium. Kumar, who brings more than three decades of experience in the metals and mining industry, will now oversee the...
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AP Investment associate calls for investments on Renbel bauxite
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...
Vedanta’s bauxite mining survey in Koraput district stopped due to local protest
Vedanta had proceeded to survey the land at Danga Deula hill in Koraput district along with officials from the mining department on Friday but was forced to stop their survey work due to opposition from the villagers. Vedanta’s mining plans are not going well as they have already been refused...
Indonesian Mining industry suffers due to ore export ban
After the government ban on mineral ore export, there has been a drastic fall in national output for a number of commodities this year. There is a lot of expectation from the new government due to come in soon headed by president-elect Joko “Jokowi” Widodo, to lay out clear policies to regulate the...
Vietnamese authorities to inspect controversial bauxite-mining plant
Vietnamese authorities say they are carrying out inspections at a controversial bauxite-mining plant where a break in a waste containment reservoir caused a spillage of sludge last week, raising public alarm about its environmental impact, according to reports. Local news organizations that...
GMDC acquires 100 hectares of land for alumina plant in Kutch
Mining major Gujarat Mineral Development Corporation (GMDC) has acquired land in excess of 100 hectares for the first phase of an alumina plant and aluminium smelter plant, which would be set up in joint venture with Navratna Public Sector Unit (PSU) National Aluminium Company Limited (NALCO) at...
Alcoa to sell stake in Jamalco to Noble
Alcoa and Noble Group Ltd today announced the signing of a definitive agreement that will result in Alcoa World Alumina and Chemicals (AWAC) selling 100 percent of its ownership stake in the Jamalco bauxite mining and alumina refining joint venture to Noble for $140 million. AWAC will continue as...
New bauxite reserve discovered in Felda could turn settlers into millionaires
The quiet settlement of Felda of Bukit Goh is about to get a windfall making them sudden millionaires, in lieu of the large bauxite deposits found in the area. Rumors of the possibility of bauxite deposits were first heard during the recent Ramadan period but settlers did not reveal anything. Now...
Rio Tinto delivers another strong quarterly production performance
Rio Tinto chief executive Sam Walsh said “We have delivered another strong quarter with record iron ore production and a solid performance in copper and aluminium. We have seen our first full quarter from the 290 Mt/a iron ore expansion in the Pilbara, with the additional tonnes going into our...
Alro Slatina has pulled out all Romanian workers from Sierra Leone due to Ebola scare
Alro Slatina, a Romanian group and among the largest aluminium producers in Eastern and Central Europe recently announced that none of their Romanian workers are working in the company owned mine in Sierra Leone which falls in the region of high infestation of the Ebola virus. Alro’s...
Tomar looking to bring industrialization to Madhya Pradesh
The union minister of steel and mines, Narendra Singh Tomar, has promised to set up aluminium refinery and steel plant in Madhya Pradesh to give a push to the industrialization of the state. He also aims to conduct geo chemical and physical survey of minerals to take a positive step towards mining....
Xinfa Bauxite Mining Ltd gifted $239k as goodwill for clan
Members of the Naita landowning unit in Lekutu were all smiles yesterday as they received a $239,000 cheque from the Xinfa Bauxite Mining Ltd yesterday. The cheque is for the goodwill and lease payment for the mining company's new 20-year lease on 25 acres of mataqali land. Speaking at the handing...
Study can help miners assess bauxite exposure
Most occupational diseases among miners cannot be treated or reversed. In order to help these miners be wary of the health hazards, National Institute of Miners' Health (NIMH) has conducted a first-of-its-kind study to identify three biomarkers, or cell components, that can help assess the level of...
Vedanta embarking on doubling alumina refining capacity in Odisha
Azad of the Niyamgiri Suraksha Samiti said the authorities at the public hearing didn't record the tribals' objections and neither did it meet other norms for such hearings. What Azad and other critics of the project, such as Amnesty International, ask is where will Sesa Sterlite get the bauxite...
Australian Bauxite confident on Tasmanian project financing
Australian Bauxite (ASX:ABX) has reported it is in negotiations for financing of its Bald Hill bauxite project in Tasmania. The project has received a Tasmanian Mining Lease for the mine. Negotiations are understood to be well advanced and that the funding is now focussed on clarifications of key...
Prima Resources : BMMF - Manjimup Project
Prima Resources Bauxite Mine & Metals Facility Project – Manjimup WA, announced that it will open a Prima Community Office in Manjimup commencing 11-Oct-2014 for one month. The BMMF- Manjimup Project is a 1.0 MT/Yr Bauxite Ore and Metals Extraction Facility in Manjimup. The Prima Community Office...
Queensland Bauxite samples up to 55% total alumina
Queensland Bauxite (ASX:QBL) will look to deliver a Scoping Study within weeks for the South Johnstone Bauxite Project in Queensland. The study is proceeding to plan to assess the potential economic viability of the development of a bauxite mining operation. The company continues to advance...
Bauxite mining awareness in Rendova island, Indonesia
Bintang Borneo Mining company from Indonesia and officials from the Ministry of Mines and Energy are conducting awareness onBauxite mining around Rendova Island in Western Province this week. They are currently in Munda to conduct the mining awareness. Speaking to the Solomon Star in Munda over the...
Nalco to file review petition in SC over quashing of coal blocks
Stung by the recent Supreme Court (SC) order, which quashed allocation of 214 coal blocks across the country, National Aluminium Company (Nalco) said it is mulling to file a review petition in the apex court to reconsider its case for Utkal-E, a coal block awarded to the aluminium major that now...
