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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Vedanta recognized as Green Leader in Mining and Metal Industry
...Vedanta Aluminium Limited, has been awarded the prestigious "The Financial Express – Emergent Venture India (FE_EVI) Green Business Leadership Award" in Mining and Metal Industry in the environment segment...
Steel Guru : Vedanta vendetta - Lanjigarh tribals allege Vedanta <b>...</b>
... The 4 member committee visited different villages to be affected by the bauxite mining by the Vedanta in the Niyamagiri hills in Kalahandi ...
Probe setback to Vedanta mining project
...Problems have been compounded for the Anil Aggarwal-promoted Vedanta mining project in Orissa with the environment ministry asking a panel to probe its likely impact on the primitive Dongria Kondhs tribe...
Steel Guru : TATA NYK Shipping JV expands fleet - 156344 - 2010-07-23
... The company which is primarily engaged in transportation of dry bulk and break bulk cargoes including coal, iron ore, bauxite and steel ...
DJ Kazakhstan Jan-June Bauxite Output 2.6 Million Tons
... Kazakhstan produced in 2.6 million metric tons of bauxite in the first six months of the year, 6.6% more than in January-June 2009, the state statistics agency said Wednesday....
Global Alumina Announces Signing of Key Agreements Among Guinea Alumina Corporation, The Republic of Guinea and Compagnie des Bauxite de Guinee
... Global Alumina Corporation (TSX: GLA.U) (the "Company" or "Global Alumina"), a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the "Project"), announced that Guinea Alumina...
Nalco eyes Afghanistan’s mining sector
...State—owned aluminium maker Nalco may show interest in developing mines in Afghanistan, which is expected to invite global bids soon for exploration of mineral deposits estimated to be worth USD one trillion...
Minister allays fears over bauxite mining in Vizag
...The Union Ministry of Environment and Forests will take a close look at the proposal to carry out bauxite mining in the eastern ghats...
Nalco eyes assets in Namibia, Indonesia
...Bhubaneswar: Aluminium giant, National Aluminium (Nalco), which has set its eyes on mineral resources world over, is soon going to appoint a consultant firm for its overseas ventures.
PRESS DIGEST-Australian Business News - July 9 | Reuters
... Mining company Bauxite Resources yesterday said it would fight allegations that it had misled investors, and warned shareholders to seek ...
Guinean Election Result May Lead to a Review of Mining Deals <b>...</b>
... The election of a new president in Guinea, the world's biggest bauxite exporter, may lead to reviews of multibillion-dollar deals with ...
Galuminium Group to Build Aluminum Base in Guizhou Province
... Guangdong Galuminium Group Ltd. has signed a loan agreement with a banking syndicate to secure RMB 3 billion ($422.5 million) to finance the mining projects of it's Guizhou
Guinea security forces break march with tear gas | Reuters
... Guinea is the world's top exporter of the aluminum ore bauxite and a handful of mining firms are jockeying for position to exploit its iron ...
Global <em>Alumina</em> Announces Joint Venture Budget Approval - Mining <b>...</b>
... Global Alumina has approximately $51.4 million in cash, $41.6 million of which is in escrow available for Project development and $9.8 ...
Chalco says Australia mining agreement terminated | Reuters
... SS), the world's third largest alumina maker, had agreed with the ... International Financing Review · Project Finance International ...
India to Set Up New Panel on <em>Bauxite</em> Mining in Orissa, Impact on <b>...</b>
... India will immediately set up a new four-member panel to consider proposals to mine bauxite in districts of the eastern state of Orissa, ...
Vedanta may get to mine <em>bauxite</em> in Indian state-paper | Reuters
... L) could get an environmental clearance to mine bauxite in the eastern ... India's Supreme Court approved the project in August 2008 after ...
UPDATE 1-Chalco says $2.5 bln Australia mining deal terminated <b>...</b>
... Chalco had struggled to make the project feasible due to rising costs, ... The company earlier proposed a 10 million tonnes a year bauxite ...
