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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Noranda Bauxite Company will continue to remain a pillar of the Jamaican economy despite all the criticisms over environmental issues alleged with it, said the firm’s chief executive officer. Mark Hansen, Concord CEO, said Noranda Bauxite spent US$85 million on operational items, an ideal time for...
As per a renowned British news media, a report has been unfolded that a mining operation owes millions in unpaid taxes and royalties to the Government of Solomon Islands. The information accumulated from a senior official, Govt. of Solomon Islands, the Asia Pacific Investment Development (APID)...
On 9 th November 2021, in an unanticipated jolt, a meeting summoned in connection with the proposed bauxite mining in Pottangi by Nalco concluded on a positive account with the village inhabitants conferring conditional support to the drive. ITDA, the Koraput Integrated Tribal Development Agency...
In September, producers had to pay extra money to bring their goods to market, as output prices for the Mining and Quarrying business and the Manufacturing industry both increased by 0.3 percent. The Statistical Institute of Jamaica's newest producer pricing index statistics indicated the rise in...
The Members of the Cockpit Country Stakeholders Group (CCSG) have emphatically declined the Final Environmental Impact Assessment (EIA) organised by the National Environment and Planning Agency (NEPA) to permit mining in the historic section of Jamaica. Cockpit country’s mining has been a primary...
On Friday, October 22, Aluminium Stewardship Initiative (ASI) made it public that MYTILINEOS has been successfully accredited against the ASI Performance Standard to carry out production, sourcing, stewardship of aluminium for their Bauxite mining activities at the Delphi Distomon site. The...
For a new bauxite mine and bauxite export facility at the Port of Kamsar in Guinea, WEC Projects designed and constructed a desalination and wastewater treatment plant. The two projects will generate potable, process, and fire water, as well as treat effluent from the port camp and activities....
The Guinea coup leader turned interim President of the West African nation, with the authorities, after showing their intention to tidy out the financials of the former government, by establishing an Audit Committee that will be responsible for investigating the financial misconduct of the Alpha...
The West African nation that recently faced a political crisis, Guinean’s mining sector has attracted $6.2 billion of investments in the span of five years which signifies 2015-2020. Hence it kept the nation’s economy resilient amid the epidemic Ebola and Covid-19 pandemic. Out of the $25 billion...
The developer of the world-class Minim Martap bauxite project in Cameroon, Canyon Resources Limited announced that its ongoing work to finalise the Company’s Bankable Feasibility Study (BFS) for the 1 billion tonne resource has received confirmation from Camrail that all the bridges on the rail...
The opposition party of the West African nation, Ghana, National Democratic Congress (NDC) national communication officer, Sammy Gyamfi has criticised the Sinohydro deal that is instituted to elucidate Ghana’s road infrastructure disputes, as a grand failure. On 2nd October 2021, during a live...
This week, the bauxite industry started with the news that, a team of Andhra Pradesh Mineral Development Corporation (APMDC) officials had started their journey to London for attending the upcoming hearing of a case scheduled on September 27 concerning the international arbitration raised by...
Mining Minister Robert Montage informed the House of Representatives that the August 22 fire breakout in the Jamalco alumina refinery has caused the company lose US$500,000 per day. This is based on the production cost of US$150 per tonnes of alumina at a production rate of 3,170 tonnes everyday....
On 30th October 2021, Sridhar Patra, the Chairman-cum-Managing Director of Nalco stated that the pre-project ventures like securing green clearance for the execution of the mining lease of Pottangi bauxite mines in Koraput district of Odisha and construction of an 18-km overland conveyor are...
The mining and metals company headquartered in Perth, Western Australia, South32 Ltd. worked out its right to acquire an additional 25% stake in Mozambique-based Mozal Aluminium, a drive that will increase its annual output by 15% from the smelter. South32 acquired the additional stake in the...
On 5th September 2021, following the political unrest in West African nation Guinea, which dethroned President Alpha Conde, one working official from the Russian aluminium giant Rusal commented: “Political turmoil has not disrupted the mining sector as much as some had predicted. Everything is...
On 27th September 2021, the CEO of the state mining holding firm Mining Industry Indonesia (MIND ID), Orias Petrus Moedak stated the company is looking out for an initial public offering (IPO) around the end of next year for its bauxite mining business. The CEO further added, as a controller...
According to the latest update, a team of Andhra Pradesh Mineral Development Corporation (APMDC) officials has started their journey to London for attending the upcoming hearing of a case scheduled on September 27 concerning the international arbitration raised by Ras-Al-Khaimah Investment...
