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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Bauxite mining big issue in Agency area: AP Speaker
Araku Valley (Visakhapatnam), Jan 10 (PTI) Andhra Pradesh Assembly Speaker, N Manohar, today assured that he would take up the issue of bauxite mining in Agency area of Visakhapatnam district with the Chief Minister N Kiran Kumar Reddy. Speaking at an orientation programme `Girijan...
Bauxite Mining in Australia
Australia is the leading producer of bauxite and alumina globally as well as the fifth largest aluminum producer in the world. Demand for bauxite is growing at a faster rate than the growth in global industrial production. In the emerging economies of Asia and India, bauxite demand is particularly...
Barge arrives for first soil shipment
A Barge from China arrived in the country yesterday to take back soil from a bauxite mine in Bua. The barge which anchored at Malau, outside Labasa Town, will take to China the soil already stockpiled at Nawailevu in Bua. Director of Mineral Resources Malakai Finau confirmed that soil from the...
Bauxite Mining in Vizag: Central Team Faces Wrath of Tribals
“Lay off our lands” -- this was the unambiguous message delivered to the central government by the tribals in the Agency area of Visakhapatnam recently. The entire Agency area observed a 48-hour total bandh on December 20 and 21 opposing the visit of the central team of union environment and...
Bauxite mining starts
WORK at the bauxite mine site at Nawailevu in Bua has started. A team from the Commissioner Northern's office visited the site on Tuesday to inspect the progress of the mining work. Divisional planning officer northern Alipate Bolalevu said construction work was progressing well. "The mining...
Aditya Birla group may bid for Indonesia coal firm stake - report
Aditya Birla group is considering a bid for a 10 to 15 percent stake in Indonesian coal miner Bumi Resources Tbk PT (BUMI.JK) to secure coal supplies for its expanding cement and aluminium operations, the Economic Times reported on Thursday. The transaction, along with an offtake agreement, could...
Govt face oppisition from locals in Vizag bauxite
Police and district officials are worried about local tribals in the Vizag Agency, ahead of the proposed three day visit of first time legislators to the Vizag agency tracts. A total of 136 MLAs elected for the first time are scheduled to visit Araku and Ananthagiri Agency mandals between January 9...
Vedanta's Orissa alumina refinery facing bauxite shortage
The one million tonne per annum capacity refinery at Lanjigarh, some 600 km from here, has been running at about 50 percent of its capacity since it was commissioned in August 2007. There are multiple reasons for this, Kumar said. "Several mines in Orissa and Andhra Pradesh have stopped operations...
300,000 tonnes of bauxite deposits found in Chhattisgarh
A new reserve of about 300,000 tonnes of bauxite ore has been found in Chhattisgarh's Maoist stronghold of Bastar, mining officials said Wednesday. "We found about 300,000 tonnes of bauxite reserves spread in an area of 20 hectares at village Kudarwahi in Keshkal area in Bastar district," an...
Guinea’s Mines Ministry Seeks Consultants to Fix Bauxite Price
Guinea’s mines ministry issued a call for consultants for its plan to establish a market price for sales of bauxite, according to a tender published on Guineenews.org. The West African nation wants to set a “selling price of bauxite applicable to companies in Guinea,” the Conakry-based ministry...
Prospective bauxite explorer signs LOI with buyer
Mining company First Bauxite Corporation has signed a Letter of Intent with an unidentified company which could see the miner supplying bauxite to that company when it starts producing around 2014. In a statement last week, First Bauxite announced that it has “signed a Letter of Intent (LOI) to...
Mining lobby mounts pressure for revocation of moratorium
The all-powerful mining lobby is upping the ante to lift the moratorium on allowing AP Mineral Development Corporation to dig bauxite ore and supply it to Jindal South West Aluminium Ltd and Anrak Aluminium Ltd. Sources told The Hindu that the mining lobby intensified efforts to revoke the...
Protests fail to move Anrak
Despite facing stiff opposition from local tribals on mining bauxite reserves in the Agency area, Anrak Alumina Company is believed to be going ahead with pre-commissioning of the plant in the next six months. The refinery at Rachapalle in Makavarapupalem mandal near Narsipatnam is almost ready and...
Aluminum Ingot Production Capacity Doubled
Aluminum ingot production capacity has doubled during the tenure of the ninth and tenth government (2006 to present), said the head of Iranian Mines, Mining Industries Development and Renovation Organization (IMIDRO). Khodamorad Ahmadi stated the capacity has grown by 235,000 tons since 2005 with...
Cancel bauxite mining leases in Vizag
Telugu Desam Party (TDP) has urged governor ESL Narasimhan to use his office and see that the government cancel the bauxite mining leases given to private firms in Visakhapatnam Agency area. A TDP delegation led by opposition leader in the Legislative Council Dadi Veerabhadra Rao submitted a...
Balco's bauxite mining displaces Chhattisgarh tribals
Raipur : Several families belonging to the poverty-hit Baiga tribe in Chhattisgarh were hit by bauxite mining operations of aluminium major Bharat Aluminium Company Ltd (Balco), Chief Minister Raman Singh said Thursday. "In Kabirdham district, Baiga tribes were displaced by Balco's bauxite mining...
Bauxite mining: Expert panel plans secret visit
Not with standing strong protests from tribals and a 48-hour bandh in the Agency area, the Central government is likely to give the nod to bauxite mining in the forests of Chintapalle and Ananthagiri in Visakhapatnam district. At least, that was the indication one would get at the end of the public...
Bauxite Resources be granted a further thirteen exploration licences
Bauxite Resources Ltd (ASX: BAU) ("BRL" or "the Company”) is pleased to announce that it has been granted a further thirteen (13) exploration licences. The new exploration licences are all in the Darling Range and will form part of the Company’s suite of tenements that are the cornerstone of the...
