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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Environmental organisations this week reportedly renewed calls on government to stop all mining and prospecting activities in the Atewa Forest Reserve due to grievous repercussions on the country. The environmental groups said the Atewa Forest provided a variety of ecosystem service and other...
Australian Bauxite Limited has begun mining and screening operations at its Bald Hill mine near Campbell Town, northern Tasmania, as it prepares for the next cargo of seaborne cement-grade bauxite. The company has worked with the customer for the 4 months to achieve the optimum product...
Canyon Resources has reportedly appointed Steven Zaninovich as a non-executive director to strengthen its board with project development. Zaninovich comes with over 25 years of experience in the mining industry working in the development of multiple mining operations across various commodities and...
Tellus Holdings Ltd announced that it has received approval from the Australian Government Department of the Environment and Energy (DEE) for its Sandy Ridge Facility in Western Australia. The company said the Sandy Ridge Facility or the “Action” is a proposed open-cut kaolin clay mine and arid...
Fitch Solutions Macro Research study shows that in spite of a positive outlook for India’s bauxite mining industry, tightening environmental regulations and tribal tensions may pose downside risks by slowing new projects. Nevertheless, the study also indicates that India’s bauxite output growth...
The Malaysian government has once again reportedly decided to extend the moratorium until March 31, 2019, and thus, the wait continues for bauxite mining and export activities in Pahang. The Water, Land and Natural Resources Ministry announced that this extension of moratorium followed an agreement...
Metro Mining Ltd has achieved its production guidance for 2018 and has shipped 2,037,106 Wet Metric Tonnes (WMT) from its Bauxite Hills mine. The 33rd and final vessel for 2018, MV Sadlers Wells, completed loading on the 28 December and has departed for China. Despite suspending ship loading...
Kwabena Mintah Akandoh, MP for Juaboso and Deputy Minister for Lands and Resources, is pleading with the government to save the Atewa Forest from destruction as China’s Sinohydro Corporation prepares to build roads under the $2 billion bauxite barter deal, according to a report by MyJoyOnline....
Balco’s Mainpat Bauxite Mines under Sarguja district has reportedly celebrated Annual Safety Function with a lot of grandeur. Besides participating in multiple activities like quiz, drawing, planting trees, and essay writing, Balco officers, employees, and contract workers took an oath to adopt a...
Marcventures Holdings, Inc. reported that the company’s Bauxite Mining Project in 6 municipalities of Western Samar contains 73.2 million Wet Metric Tonnes (WMT) of measured and indicated resources of bauxite. In a disclosure to the Philippine Stock Exchange, Marcventures said the deposit could...
The construction of Emirates Global Aluminium’s (EGA) bauxite mining project in the Republic of Guinea has reached almost 75 per cent, reported the company itself. Developed by EGA’s subsidiary Guinea Alumina Corp (GAC), the total budget of the project is around US$1.4 billion, the largest...
Guinean President Alpha Conde has officially inaugurated the Bel Air mine in Guinea, Alufer Mining Limited announced through a press release. The Minister of Mines, members of Parliament, Ambassadors from the UK and US and local dignitaries were present during the inauguration. The president...
Wirtgen, a German company in the field of road and mine machinery says its surface miners are helping bauxite producers in Guinea to explore the country’s high quality bauxite reserves. 25 of its machines are now in operation in the West Africa country. Wirtgen supplies surface miners for the...
Hindalco Industries has moved the Bombay high court against a Maharashtra State Pollution Control Board (MSPCB) order directing it to shut down its bauxite mine at Dhangarwadi in Kolhapur district for alleged violation of Air (Prevention and Control of Pollution) Act. On November 29, the court...
AlCircle has launched a brief Region Focus Report – “ Guinea and Sierra Leone; Two Growing Investment Hubs in West Africa” into its 2018 Report portfolio. Africa has more than its fair share of small poor economies because of fragmentation that it inherited from European colonizers. It has become a...
The Bombay High Court on Thursday, December 5, granted an interim stay on an order to close Hindalco Industries Limited’s bauxite mine near Kolhapur in Maharashtra. “…we are inclined to grant ad-interim relief to the petitioner (Hindalco) as the petitioner’s unit at Dhangarwadi is directed to be...
According to a media update, the Geological Survey of India (GSI) will provide geological reports of 18 mineral blocks to the government in December and 13 more mine blocks by the end of 2019. This is confirmed by an official from GSI. The government has plans to auction more than 100 mineral...
A privately-owned bauxite company Sarmin Bauxite Limited has reportedly announced the completion of an independent Mineral Resource Estimate (MRE) on its own bauxite exploration license (Lelouma Licence) located in the Republic of Guinea, West Africa. The MRE is estimated and prepared by SRK...
