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 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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Guinea and China celebrated a historic milestone on October 4, 2024, as they commemorated 65 years of the reestablishment of their diplomatic relations. This enduring partnership, a cornerstone in sub-Saharan Africa, has thrived through collaboration in critical sectors such as education, health,...
As part of a significant enforcement action, the Malaysian Anti-Corruption Commission (MACC) has arrested a state government official suspected of shielding illegal bauxite mining operations in Kuantan since 2022. The arrest occurred during a raid in the Bukit Goh area of Kuantan, where two company...
Jamaica Bauxite Mining Limited (JBM) and the Agro-Investment Corporation (Agro-Invest) have signed a memorandum of understanding (MoU) to repurpose former bauxite mining lands for agricultural development in an initiative that will revolutionise Jamaica's agricultural sector. This landmark...
The ASX-listed Australian company with a portfolio of high-grade bauxite in Africa, Lindian Resources Ltd has entered into binding agreements with Enterprise Generale d’Entretien & Construction and Lancinet Dabo, granting them a 10-year lease and operational rights for the Woula Bauxite Project in...
On the evening of November 7, 2024, the Association of Mining and Exploration Companies (AMEC) hosted its prestigious annual Awards Gala Dinner at Optus Stadium in Perth. The event drew a full house, including distinguished guests such as the WA Premier, Hon Roger Cook; Minister for Mines, Hon...
Australia’s Metro Mining has secured multi-cargo offtake agreements for bauxite shipments from its Bauxite Hills Mine in Queensland, covering the years 2025 and 2026. The agreements total 6.9 million wet metric tonnes (WMT) in 2025 and 6.1 million WMT in 2026, ensuring a robust demand for its...
Dr Mahamudu Bawumia, the vice-president and flagbearer of the New Patriotic Party (NPP) of Ghana, has recently declared that the development of central railway lines in the country will be key in steering forward the upliftment Ghana needs through bauxite and other mineral mining and...
Cultivating restorative microbial activity to remediate metal-impacted mine wastes has retained some successes, mainly using man-made wetlands or passive bioreactors to generate (microbially mediated) anoxic and sulfidic conditions. Image Source: American Geosciences Institute Recently, researcher...
Metro Mining Limited has yet again achieved a new monthly high shipment by delivering 793,420 tonnes of wet bauxite in October 2024. The shipment volume rose 1.72 per cent month-on-month from 780,000 tonnes and surged year-on-year by 18 per cent. Image Source: LinkedIn (Metro Mining) The...
The Queensland Resources Council (QRC) has welcomed the appointment of Dale Last as Australia's second-largest state Queensland's new Minister for Natural Resources and Mines and Minister for Regional and Rural Development. QRC Chief Executive Officer Janette Hewson extended her congratulations to...
Mining and aluminium giant Rio Tinto is now focused on getting its Simandou iron ore project in Guinea up and running. Newspapers report that shipments will begin in 2025. Simandou is a huge project that has taken Rio Tinto years to realize. The initial production rate is said to be 120 million...
Metro Mining Limited has reported a standout third-quarter operational update for 2024, marking a record-breaking period for the company's bauxite production. The company achieved quarterly shipments of 2.13 million wet metric tonnes (WMT), a substantial 50 per cent increase over Q2 2024 and a 32...
Professor Aaron Mike Oquaye, a former Speaker of Ghana's Parliament, has encouraged leaders to explore the natural resources of Africa, i.e. bauxite reserve, timber, manganese, gold, diamond, cocoa and oil resources at the Second General Assembly of the Conference of Speakers and Presidents of...
West Africa, led by Guinea, is rapidly becoming a key supplier of bulk cargo for the Capesize shipping trades, bolstered by China's expanding electric vehicle (EV) industry. With Capesize and larger shipments from the region rising at an annual rate of 19.6 per cent since 2018, analysts at broker...
Aluminum plays a crucial role in the global economy, and the increasing demand for this green metal highlights its enduring importance. Despite occasional setbacks or fluctuations, the market for aluminium remains resilient. The upstream aluminium sector, which includes bauxite, alumina, and...
The Maritime Safety Authority of Fiji (MSAF) has confirmed that the removal of two derelict bauxite vessels from the Naiviqiri jetty in Bua is set to take place soon. MSAF Chief Executive Joeli Cawaki shared this update with FBC News, noting that the vessels are among those prioritised for removal...
Shanxi Coking Coal Energy Group Co., Ltd. has announced a major acquisition, securing prospecting rights for coal and bauxite resources in the city of Lvliang. The deal, valued at RMB 24.7 billion ($3.46 billion), represents a significant expansion of the company's resource portfolio. The...
Montenegro has consented to a concession contract with Novi Boksiti, a metal ore mining company in Niksic, over intricate geological probes and exploitation of red bauxite in the western municipality of Niksic. Montenegro's Minister of Mining, Oil and Gas, Admir Sahmanovic, worked out and signed...
