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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EPIQ Machinery, a world-class equipment manufacturer, continues its rapid growth. The company is to acquire the mining and metals activities of Alizent Canada and Alizent USA. Following this upcoming acquisition, a new entity will be created: EPIQ DIGITAL. This highly strategic acquisition project...
Brazilian mining company Mineração Rio do Norte (MRN), a joint venture between Glencore, Rio Tinto, and South32, announced on September 3, 2024, that it has received an initial license from the Brazilian environmental agency, Ibama. This approval marks a significant step towards extending the...
The residents of Nyinahin in the Atwima Mponua district of the Ashanti Region have made an urgent appeal to Parliament to ratify the Ashanti Bauxite Limited (ABL) Mining Lease as lawmakers assemble for an emergency session on September 3, 2024. During a protest march in Nyinahin, residents voiced...
The Australian mining and exploration company based in Brisbane, Queensland, Metro Mining, is poised for significant growth as it moves towards increased production from Q4 2024. It has ambitious plans to expand its capacity to over 7 million tonnes per annum by 2025 and beyond. CEO Simon Wensley...
Three mining companies in Indonesia are now facing penalties due to delays in completing their refinery projects, following findings in the 2023 Audit Report by the Supreme Audit Agency (BPK). The report highlighted potential non-tax state revenue from administrative fines related to these delays,...
The Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO) has reported a slight increase in the country's aluminium ingot production for the first four months of the current Iranian calendar year, which ended on July 21. According to a report cited by the Islamic...
Ma'aden Aluminium, Saudi Arabia's premier mining company, was successfully re-certified with the ASI Chain of Custody Standard V2 for its bauxite mining at the Al-Baitha Mine and its operations at Ras al-Khair industrial city, which encompasses alumina refining, smelting, and the production of...
According to Minister of Natural Resources Vickram Bharrat, the future of large-scale mining in Guyana appears increasingly promising. On August 21, 2024, Minister Bharrat highlighted the resurgence of the mining sector, particularly in Region 10, where bauxite mining is experiencing a significant...
The eastern Indian state of Jharkhand has taken a significant step toward imposing new taxes on mineral production, a move poised to increase the prices of key resources such as coal to bauxite. According to sources familiar with the matter, the state assembly has passed the Jharkhand Mineral...
The National Green Tribunal (NGT) 's decisive action against Mumbai-based Ashapura Meinchem Limited for environmental violations is a major development in India's mining sector. The tribunal's scrutiny comes in response to severe accusations of non-compliance with specific conditions outlined in...
Komatsu has delivered its 300 th autonomous haulage system (AHS) truck to the global mining giant, Rio Tinto's Pilbara operations in Western Australia, marking an important milestone for mining automation. This achievement marks the continuation of a long-standing partnership between the two...
As Indonesian President Joko Widodo prepares to step down this October after a decade in power, his final State of the Nation address on August 16, 2024, underscored a key element of his economic policy: resource nationalism. Throughout his tenure, Jokowi has sought to harness Indonesia's vast...
Impact Minerals Limited has announced a significant milestone in developing its Lake Hope High Purity Alumina (HPA) Project, located approximately 500 kilometres east of Perth, Western Australia. The company has lodged a Mining Lease Application (MLA 63/684) alongside a Miscellaneous Licence...
As a testament to its exemplary mining practices, Baphlimali Bauxite Mine of Utkal Alumina, a subsidiary of Hindalco Industries Limited, has been awarded the 5-Star Rating Award. This award, bestowed by the Ministry of Mines, Government of India, highlights the mine's outstanding performance in...
According to the Statistical Institute of Jamaica (STATIN), Jamaica's Mining and Quarrying industry recorded a significant 33.6 per cent increase in export earnings during the first quarter of 2024. The sector's earnings climbed to US$148.7 million, up from US$111.3 million in the same period last...
The residents of several communities in south-west Western Australia have joined forces to oppose South32's future mining projects, citing growing concerns about Worsley Alumina. Residents of the Shires of Boddington, Wandering, and Williams, located approximately 130 kilometres southeast of Perth,...
For years, the residents of Nanar in Maharashtra's Ratnagiri district in India have stood united against the environmental threat posed by a proposed oil refinery project. Now, they are gearing up for another significant fight against bauxite mining. The Maharashtra Pollution Control Board (MPCB)...
Admir Šahmanović, the Minister of Mining, Oil and Gas, Montenegro, met with former workers of the bauxite mine on the Seoca plateau, who have been waiting for ten years to pay claims from the bankruptcy estate. In a statement from the Ministry, Šahmanović assured the workers that he would strive to...
