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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BMW Group, Tetra Pak and Schuco International KG, the three global manufacturing companies have countered to agitate over the usage of aluminium produced from bauxite mined at the Atewa Forest in Ghana. The global manufacturers have communicated in letters their stand to the Concerned Citizens of...
It has been now declared that more than 1 billion tonnes of bauxite are detected in the mining towns of Minim, Martap, Ngaoundal and Makan in the Adamawa region, Cameroon. It emerges from the research work of the Australian mining company Camalco, a subsidiary of Canyon resources as reported on 25...
On 28 th January 2021, the US-based Big Data Analytics Company Palantir Technologies announced that it has signed a multi-year enterprise agreement for its ‘Foundry Platform’ with global mining and metal giant Rio Tinto. Palantir Technologies software will integrate raw data from a multitude of...
The National Environment and Planning Agency (NEPA) of Jamaica commented that in another two months a conclusive decision could be ready on whether Noranda Jamaica Bauxite Partners II (NJBP II) receives an environmental permit to mine in sections of western St Ann and eastern Trelawny. Since May...
Pralhad Joshi, the Indian Union Minister of Coal and Mines has reassured that the proposed preparation of the Detailed Project Report (DPR) of the brownfield expansion project of Nalco’s captive power plant (CPP) and smelter at Angul in Odisha is on track. In a recent letter to Dharmendra Pradhan,...
K2fly, a software company headquartered in Perth, Western Australia, servicing the mining and other allied industries have signed a five-year contract for its RCubed Resource Inventory solution with Alcoa USA, one of the world’s largest bauxite miners with mines in Australia, Brazil, Guinea and...
General, CAMALCO SA (Canyon Resources’ wholly-owned Cameroon subsidiary). Mr Rick Smith was appointed as Director-General of the Canyon’s wholly-owned Cameroon subsidiary Camalco Cameroon SA (Camalco) on 17 th January 2021and will be based in Cameroon. Mr Smith will focus on the delivery of the...
AGB2A, a Guinea based company, which produces one of the best metallurgical grade bauxite for alumina refinery by dry beneficiation process involving crushing and screening of ore. Now the Sino- Guinean consortium is in the eyes of the Guinean justice which ordered, on January 4, 2021, towards the...
The Bauxite Company of Guyana Inc. (BCGI), a subsidiary of RUSAL, as reported is remaining on the discussions stage with the government, following the five months negotiations on a possible restart of operations at its Kurubuka mines in Region 10. Parmanand Persaud, the spokesperson for the...
The International Aluminium Institute (IAI) announced that Winning International Group has cut ties with the industry body. IAI has updated its member list to 25 members, Reuters reported. Winning International Group, headquartered in Singapore, provides land logistics, maritime logistics, and...
The mining sector of Guinea in 2020 has been able to withstand the COVID-19 pandemic and the electoral crises, which have been declared as a black year for the West African nation. It is the mining sector that has enabled the economy to repress the shocks caused by this unusual health crisis....
The data analytics and consulting company, headquartered in London, GlobalData Plc in April’20 reported that bauxite miners generally been unaffected, with the major producing countries of Australia, Guinea and Brazil were yet to announce the closure of mines at that time and mines in China have...
It has been after long five years without mining activity, the initial test ship left for the United States loaded with bauxite on 29 th December’20 from the port of Cabo Rojo in Pedernales. As per our report, the port of Cabo Rojo regained economic life with a ship that took 9000 tonnes of Bauxite...
On 24 th December’20, Coal India Ltd., the Indian public sector coal mining and refining company and also the world’s largest coal-producing company’s board have delivered in-principle approval for venturing into the aluminium value chain, solar sectors and creation of special purpose vehicles...
Aluminium Stewardship Initiative has reportedly welcomed Mineração Rio do Norte – MRN as a new Production & Transformation member, bringing the total number of ASI Members to 147. Mineração Rio do Norte, the largest Brazilian bauxite producer, was formed by an association of domestic and foreign...
On 9 th December ‘20, the Board of Directors of the International Monetary Fund (IMF) approved a disbursement of $ 49.47 million for Guinea as part of the aid to the nation facing the difficulties of stabilizing their balance of payments. The government of Guinea has praised the continuation of the...
Canyon Resources Limited has announced the re-organization of its Board, which intends to drive the next stage of growth and welcomes mining professional Mr Cliff Lawrenson as Non-Executive Chairman. Mr Cliff Lawrenson said: “I am very pleased to be joining the Canyon Resources Board at this stage...
The first bauxite mine of Ivory Coast has resumed its operations; subsequently, it was suspended for months due to election-related violence, as stated by the CEO on 5 th December’20. The mine started its operation previous year in the east-central Moronou region is a centrepiece of Ivory Coast's...
