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...
Grow with
AL Circle
Australia’s Cape Alumina to start bauxite production in October 2015
Australian junior miner Cape Alumina expects construction at its Pisolite Hills project to be completed by mid-2015 and first bauxite production in late 2015, ceo Graeme Sherlock said on Tuesday. The Pisolite Hills project in Queensland, has a resource of about 134.6 million tonnes with the...
Bua mine exports 500m tonnes of bauxite
Fiji’s Nawailevu mine in Bua has exported 500m tonnes of bauxite with the recent shipment leaving the country last week. Mineral Resources Department director Malakai Finau who recently visited the project site for inspection and monitoring purpose says operation at the mine is progressing well and...
Collector lifts ban on bauxite transportation
South Goa collector N D Agrawal on Friday revoked the suspension of transportation of bauxite ore from Nakeri-Betul to the MPT following a clarification from department of mines and geology that the Supreme Court ban on mining does not extend to bauxite mining. Agrawal on Thursday had directed the...
Bauxite ore mine in Bua on progress
The mining of two mineral commodities is progressing well says the Mineral Resources Department director Mr Malakai Finau. As senior staff from the department visited project sites for inspection & monitoring purposes, Mr Finau highlighted the achievements of the Nawailevu Bauxite site in Bua....
Legality of bauxite mining comes under scanner in Goa, India
The legality of bauxite mining at Nakeri-Betul has now come under the scanner of the south Goa district administration following clashes between groups of truckers engaged in the transportation of bauxite ore from the mine to the Mormugao port trust (MPT) over some transportation issues. South Goa...
Chalco transfers stake in iron ore venture
The Hong Kong listed aluminum giant Chalco said it is transferring its stake in an iron ore venture to its parent company Aluminum Corp of China Ltd., to improve its capital structure. Chalco Hong Kong Ltd plans to dispose 65 percent of an equity interest in Chalco Iron Ore Holding Ltd., to...
Vedanta seeks an alternate bauxite mine from Odisha Govt
Vedanta Resources today said it has sought an alternate bauxite mine from Odisha government to run its Lanjigarh alumina refinery, which is staring at uncertain future due to local tribals rejecting the proposal to carry out mining in the Niyamgiri hills. “We want very strongly that the state...
Bauxite Resources withdraws Bindoon bauxite project
The decision by Bauxite Resources Limited (BRL) to not proceed with the Bindoon Bauxite Mining Proposal brings to an end a period of uncertainty, according to MLA Shane Love. BRL had anticipated a mining operation at North Bindoon of up to two million tonnes of bauxite per annum over five years....
Indonesia mining at risk over export ban
Indonesia’s mining industry will collapse if the government moves ahead with a planned ban on the export of raw minerals, the country’s chamber of commerce has warned. The southeast Asian nation, which is facing strong economic headwinds, is the biggest exporter of coal for power stations, nickel...
Paulwell to tour rare elements project site at Jamaica Bauxite Institute
The Rare Earth Elements Pilot Project site, located on the grounds of the Jamaica Bauxite Institute (JBI) in Kingston is complete and will be toured by Minister of Science, Technology, Energy and Mining, Phillip Paulwell on Tuesday. Japan-based Nippon Light Metal (NLM) in collaboration with the JBI...
Vedanta moves Project Monitoring Group for Lanjigarh refinery expansion
Mining conglomerate Vedanta Group has approached Prime Minister's Project Monitoring Group, which was established to fast track stalled large investment projects, seeking environment clearance for expansion of its Lanjigarh alumina refinery in Odisha to 6 million tonnes. The Project Monitoring...
Hindalco to buy coal from other sources
The company may have to look for other options because its Talabira coal mine Stage-II has not yet received approval from the Union environment ministry Industry major in aluminium and copper, Hindalco Industries will have to buy coal from other sources at a very high cost for its aluminium project...
Tribal welfare body bans bauxite mining in Vizag, India
The decision by the AP Tribes Advisory Council not to allow bauxite mining in the Vizag Agency might be the last nail in the coffin for the long-pending controversial issue in this part of the state. The Council passed a unanimous resolution on Tuesday banning bauxite mining. Cancellation of lease...
Bauxite production to boost Ghana mining sector
The value of the Ghana’s mining sector is anticipated to reach US$774million in 2017, up from US$669 million in 2012, as bauxite and gold production see substantial increases, B&FT has gathered. “This is a significant break from the past decade, when the mining sector value barely rose as gold...
Bauxite exports from Brazil increased in September
Bauxite exports from Brazil more than doubled year-on-year in September, as the USA, Ireland Canada and China all increased purchases. Shipped volumes totalled 597,550 tonnes in the month, compared with 257,352 tonnes in September last year. The figure, however, represents a 9.8% decrease from...
Chalco Guizhou puts Maiba Bauxite Mine into full operation
Aluminum Corporation of China Ltd (Chalco)’s Guizhou branch put its Maiba bauxite mine, which has a designed capacity of 500,000 tpy, into full operation this month. Maiba mine’s operation can be seen as ``milestone’’ for Chalco Guizhou to move from open-pit mining to underground mining, the...
Bauxite Resources withdraws EPA application for mining proposal
Bauxite Resources Limited today announces that its joint venture with Yankuang, Bauxite Alumina Joint Ventures ("BAJV"), has withdrawn its Environmental Protection Authority ("EPA") referral for its Mining Proposal at North Bindoon. The North Bindoon Referral anticipated a mining operation of up to...
Non-ferrous metal production/manufacturing facility being created in northern Kazakhstan
The clusters of non-ferrous metallurgy and transport machine building are being created in northern Kazakhstan, akim (governor) of Pavlodar oblast (province), Yerlan Aryn said on Friday. "We will build a cluster of non-ferrous metals on the basis of the Pavlodar aluminium and electrolysis plants,"...
