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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China Aluminum Mining Industry, 2011 Provides In-Depth Analysis and Detailed Insight into the Aluminum Mining Industry
...China aluminum mining Industry, 2011 is valuable for anyone who wants to invest in the aluminum mining industry, to get Chinese investments; to import into China or export from China, to build factories and take advantage of lower costs in China, to partner with one of the key Chinese...
Taralga Bauxite drilling intensified
... DRILLING for bauxite deposits in the Taralga area has been stepped up, with known resources now calculated at 12 million tonnes. ...
First Bauxite Corporation Reports Mineral Resource Estimate for Bonasika 7 Deposit, Waratilla-Cartwright PL, Guyana
... the company is pleased to announce that the deposit, now named Bonasika 7, hosts a NI 43-101 compliant unwashed bauxite Indicated mineral resource estimate of 5.9 million tonnes at a grade of 57.7% Al2O3, 8.4% SiO2, 2.5% TiO2, 0.9% Fe2O3 and 29.5% LOI. ....
HC dismisses four petitions of state govt on bauxite mining?
... The Gujarat High Court has dismissed four petitions moved by the state government on ground of suppression of facts and slapped a penalty of Rs 50,000 to be paid to the individual respondents. ... and export of bauxite and controlling the mineral's export from Gujarat by the state government.
State talks on bauxite
... GOVERNMENT officials yesterday met landowners of the much talked about bauxite mining program in Bua to discuss lease issues. ...
Vedanta seeks govt help for sourcing bauxite?
... Vedanta Aluminium on Tuesday sought the Orissa government's intervention for leasing out a bauxite mine in Kalahandi district, close to the company's alumina refinery at Lanjigarh. ...
Mine opens soon
... Bauxite mining at Nawailevu in Bua will begin in April this year, says the acting permanent secretary for Lands and Mineral Resources Filimoni Kau. ... "One month after being issued with the surface lease, the mining lease will be issued so we are looking at by the end of April when bauxite...
Bauxite mining to start in April
...The Acting Permanent Secretary for Lands and Mineral Resources Mr Filimone Kau today confirmed that the bauxite mining at Nawailevu in Bua will begin in April this year. He said the Ministry and the Land Use Unit is now awaiting the legal vetting of the regulations that will kick start mining in...
Bauxite Resources Limited (ASX:BAU) To Receive A$6.1 Million Reimbursement From Yankuang Resources
... Bauxite Resources Limited (ASX:BAU) To Receive A$6.1 Million Reimbursement From Yankuang Resources Perth, Jan 28, 2011 (ABN Newswire) - Bauxite Resources Ltd (ASX:BAU) ("BRL" or "the Company") announces that in conjunction with its agreement to form a joint venture with Yankuang Resources...
Mining has downsized 60 percent since 2009
...Venezuelan mining is not free from the shortening behavior reported elsewhere in the productive activity. Based on the numbers provided by the Central Bank of Venezuela (BCV), mining has edged 60 percent over the past couple o..
Orissa demands revision of mining royalty rate to at least 20pct
...BS reported that mineral rich Orissa, which has 95% of chrome ore reserves, 55% of bauxite deposits and 33% of iron ore reserves in the country, has finally swung to action on the royalty front...
Protesters halt BALCO's bauxite shipment
...Hundreds of youths led by a Congress legislator halted shipment of bauxite Saturday to aluminium major Bharat Aluminium Company Ltd (BALCO) in Chhattisgarh's Surguja district, demanding jobs for local residents...
Vedanta illegally mining in Yercaud: Experts
...Clinching facts about the illegitimacy of Vedanta’s continued bauxite mining activity in Yercaud even after closing down its aluminum plant in Mettur and consequent loss to the government was reported in a report released by a fact-finding team of the Social Research, and Legal Advocacy Society...
Alcoa under investigation again
...MINING giant Alcoa is again under investigation for allegedly failing to stop toxic dust escaping from its Wagerup waste stockpiles...
Chinalco to transform into the mining giant
... Aluminum Corporation of China ((Hereinafter referred to Chinalco) turned loss to profit, which was not due to aluminum plate business but other business. On January 19th, Chinalco announced that its business results in 2010 reached 2.7 billion Yuan of operation profit. ...
Pre clearance for new projects must - Mr Jairam
...Mr Jairam Ramesh union environment minister has backed the Confederation of Indian Industry's idea that the ministries concerned get all clearances for natural resource based projects such as coal, iron ore and bauxite mining before the bidding process starts...
GMDC short lists 4 firms for alumina project in Kutch
... BS reported that state run mining major Gujarat Mineral Development Corporation has short-listed four firms for executing INR 14,000 crore alumina projects in Kutch. ....
Vedanta likely to apply for Niyamgiri afresh
... Vedanta Resources is likely to submit a fresh application with the Union environment ministry for revival of Niyamgiri bauxite mines and its Lanjigarh expansion project. ... Anil Agarwal on Monday met Union environment minister Jairam Ramesh in the Capital and discussed the company’s Orissa...
