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 United States Forestry Service (USFS) has reportedly warned the Ghana government to be careful with its plan of bauxite mining in Atewa forest reserve, which is one of largest surviving rainforests in Ghana and considered to be one of the three areas for bauxite mining. The other areas are...
Emirates Global Aluminium’s (EGA) wholly-owned subsidiary Guinea Alumina Corporation (GAC) has secured Guinea’s largest-ever project financing for its greenfield bauxite mining project in the West African country, which is expected to lift up Guinea’s economy significantly. The total US$750 million...
RUSAL has obtained a license to develop the Goryachegorsk nepheline mine in the Krasnoyarsk region, Russia. The mine will provide the main raw material for the Achinsk alumina refinery. According to the feasibility analysis, the mine has sufficient reserves to be in operation for next 60 years. The...
The Energy and Mineral Resources Ministry of Indonesia has officially cancelled the export permits of five mining companies as they failed to show progress in developing smelters as per the prevailing laws and regulations. The five mining companies are PT Surya Saga Utama, PT Genba Multi Mineral,...
AlCircle is pleased to announce joining of Anthony (Tony) Tropeano to its advisory board. Mr. Tropeano retired as CEO of FATA SpA in January 2018 and set up his own company, TT Consulting Inc., providing management consulting services for metals, mining and contracting sectors. Mr Tropeano's firm...
Guinea government is focusing on increasing its energy production capacity by about four fold over next six years in order to help bauxite mining companies refine their bauxite locally, an announcement from the energy minister recently stated. Guinea is Africa’s biggest producer of bauxite and the...
According to the latest update from Shanghai Metals Market, State Power Investment Corporation Shanxi Aluminium has recommenced its bauxite mining project in Kuancaoping Town of Ningwu County on Saturday, April 20. The news came after it was released on the Ningwu government website on Tuesday,...
Guinea’s independent mineral exploration and development company Alufer Mining has started detailed engineering studies on its Bel Air bauxite mine in Guinea. The study will evaluate its proposed plan to expand bauxite production to ten-million tonnes a year. The company said on Wednesday that the...
According to a Reuters report, Indonesia’s PT Aneka Tambang (Antam), a mining company owned by the state is planning to request for additional export quotas for nickel ore and bauxite for 2019. This was announced by Aneka Chief Executive Arie Prabowo Ariotedjo on Wednesday. He said that PT Aneka...
The office of Guinean President Alpha Conde has announced that the President will take command of Societe Guinneenne du Patrimoine Minier, known by its French acronym Soguipami, from the mines ministry. Soguipami or the Guinean Heritage Mining Company is a public limited company owned by the...
Tajik Aluminium Company (Talco), Tajikistan’s flagship aluminium smelter and the backbone of the Tajik economy, will reportedly get a facelift by China’s state-owned engineering company CMEC. According to Talco representative, the refurbishment cost will be around US$545 million. On Friday, May 19,...
Australian Bauxite Limited had produced 31,600 tonnes of bauxite from its Bald Hill mine as reported on Monday 9 April. With this, the company has achieved the target of 30,000 to 33,000 of cement-grade bauxite 3 weeks before the contract date of 1 May 2019. Production still continues at the Bald...
Sierra Mineral Holdings 1 Limited, subsidiary of Vimetco N.V., reportedly discussed its expansion plans with the country’s Ministries of Finance and Mines last week. The plans involve the construction of a value-adding alumina trihydrate plant within its concession, in support with the Pan-African...
The Water, Land and Natural Resources Ministry of Malaysia reportedly unveiled the proposed rigid standard operating procedure (SOP) for bauxite mining and export activities in Pahang on March 31. The SOP, which was uploaded in the ministry’s website yesterday, stated that the Malaysian government...
Metro Mining Ltd’s Managing Director Simon Finnis will talk expansion plans of Bauxite Hills Mine project with investors at the Proactive CEO Sessions in Sydney on Monday, April 8 and Melbourne on Tuesday, April 9. Simon Finnis will discuss how Metro Mining is transitioning to owner operator status...
Miners Rio Tinto and BHP Group said today, on March 26, that they resumed operations at some facilities that were stopped because of the cyclone-hit at Australia’s northern coastline over the weekend. In response to the Bureau of Meteorology report, Rio had suspended its Weipa bauxite operations...
Gas and iron ore operations on Australia’s west coast are likely to be affected by an approaching cyclone just as a severe storm in the nation’s northeast dumps heavy rain on Rio Tinto Group’s biggest bauxite mine. The tropical cyclone Veronica is taking place at 545 kilometers (339 miles) north of...
JAG Bhd has inked a Memorandum of Understanding (MoU) with Empire Mining Sdn Bhd to set out intentions and mutual understanding in connection with the possible joint venture. The parties will look at the possibility for JAG or its nominated subsidiary to enter into joint venture with Empire Mining...
