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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The National Industrial and Commercial Investments Limited (NICIL), a Government of Guyana holding company, has paid the salaries for February to the 326 workers sacked by the Rusal-owned Bauxite Company of Guyana Inc (BCGI). RUSAL, one of the world’s largest producers of aluminium has suspended...
The Minister of Mines, India, Pralhad Joshi on 25 th February’20 laid the foundation stone of Crusher and Conveyor System at NALCO’s Mining & Refinery (M&R) Complex in Damanjodi, Odisha. The new system will feed bauxite for the 5 th stream of Alumina refinery of the company. The estimated cost...
The US-based First Bauxite’s subsidiary company Guyana Industrial Minerals Inc. (GINMIN), on 21 st February’20, started its mining operation and processing plant at Bonasika mine, Essequibo Islands-West Demerara region. A $100 million investment assurance can enhance it to a world-class operation....
The Australian junior mining company Canyon Resources provided the initial results of the final exploration phase, which was launched in September’18 of Minim-Martap and Ngaoundal bauxite deposits in northern Cameroon. Camalco, the Cameroonian subsidiary of Canyon resources, pinpointed 65 bauxite...
Mining giant Rio Tinto has reportedly started dismantling its inoperative Gove refinery in East Arnhem Land in the Northern Territory of Australia. The refinery was mothballed in 2014, causing job loss to 1,000 workers. Smokestacks of the refinery have been already scaffolded and stripped down,...
Gulkula Mining Company has reportedly received a Performance Standard provisional certification from Aluminium Stewardship Initiative (ASIS) for its bauxite mine operation on the traditional lands of the Yolngu people in East Arnhem in Australia’s Northern Territory. Gulkula commenced operations in...
The long-awaited exploitation of Minim-Martap Bauxite deposit in Northern Cameroon could be started in 2022. This wish has been rendered by the Project Manager, James Durant in Minim on 13 th February’20. The project its hand over by the Cameroonian government to Australian junior mining company...
Guinea Alumina Corporation (GAC) has a mining concession of 690 km2, in the region of Boké, a city located in the northwest of Guinea, exactly in the locality of Tinguilinta. To meet the standards of the International Labor Organization and those of the International Finance Corporation (IFC), the...
There are currently five bauxite mines in Australia providing feedstock for the seven alumina refineries, which in turn supply alumina to the six Australian aluminium smelters and the export market. Demand for bauxite is growing at a faster rate than the growth in global industrial production. In...
SCRAPEX 2020 will be an International Exhibition on Metals, Steels, Chemicals, Plastic, Paper, E-waste, Rubber, Glass, Tubes, Pipes, Wires, Water, Wood, Machinery, Tools, Processing and Allied Industries. The official launch of SCRAPEX 2020 – The Recycler’s Expo was successfully concluded in...
Guinea Alumina Corporation has been honoured with the Project Finance International’s prestigious global “Multilateral Deal of the Year” award for its ground-breaking project financing. The news came after EGA officially announced the receipt of the award by both EGA and GAC’s Management at PFI’s...
Southern Cross Electrical Engineering has reportedly secured a contract of $18 million to complete refurbishment work at Rio Tinto’s Gove Peninsula bauxite mine in the North East Arnhem Land site. The work also includes isolating and re-routing electrical and hydraulic services to the mine. The...
Bumech signed a 29-year contract with Montenegro’s Uniprom Metals for bauxite extractions at Niksic mine. Nikšić represents the largest bauxite reserve in Montenegro and one of the largest in Europe, having estimated reserves of 135.2 million tonnes. Bumech has raised the production of bauxite by...
Rusal, one of the colossal aluminium producers in the world publishes the decision to suspend its bauxite mining operations in Guyana, as the unrest continues. The company has delivered written notices of termination to 326 employees. Following the illegitimate and serious actions, that has gone...
The Senior Environmental Officer of Environmental Agency (EPA), Collins Primo, says: “The Environmental Protection Agency (EPA) is well pleased with the US$10,000 improvements which the Linden-based Bosai Minerals Group (Guyana) has effected to its once problematic tailings pond.” Although he said...
The Doraguda based, in Rayagada district of Orissa, a fully owned company of Hindalco, the metals flagship company of Aditya Birla Group’s alumina refinery Utkal Alumina International (UAIL), having its mines at Baphlimali with reserves lasting for over 25 years and a captive co-generation power...
Alcoa’s mining and refining facilities in Western Australia have been certified against Aluminium Stewardship Initiative’s (ASI) Performance Standard. This brings the company’s total number of certified facilities to nine. The certifications include Huntly Mine, Willowdale Mine, Kwinana Refinery,...
CIMIC Group subsidiary UGL has reportedly bagged contracts worth A$180 million to provide services for maintenance, shutdowns, and sustaining capital projects to its mining clients in Western Australia. The services to be provided by UGL will include mechanical, electrical, instrumentation, other...
