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...
Grow with
AL Circle
According to a statement made by Saudi Arabia’s Energy Minister Khalid al-Falih on Monday during a mining conference in Cairo, the kingdom aims to raise its mining revenues to US$64 billion by 2030 from current US$17 billion.The kingdom has vast untapped reserves of bauxite, phosphate, gold, copper...
According to an update by Shanghai Metals Market, Guinea-based bauxite producer Societe Miniere de Boke (SMB) plans to spend US$ 1.2 billion to build a railway track that will link its bauxite mining business with Dapilon port. The news came after the Guinea’s government spokesman Aboubacar Sylla...
Bauxite mining workers in Raipur have reportedly refused to work as a form of protest demanding full wages and alleging that the contractor appointed by Chhattisgarh Mineral Development Corporation (CMDC) was treating them unfairly and giving insufficient money. The protesting miners from the...
Alufer Mining of Guinea has delivered its first Capesize shipment of bauxite with a volume of 203,009 tonnes, to the Port of Qingdao, in China. Alufer is an independent mineral exploration and development company with significant bauxite assets in the Republic of Guinea. The bauxite will then be...
Finance and Public Service Minister of Jamaica, Dr Nigel Clarke said during a parliamentary sitting that Jamaica Bauxite Institute (JBI) has received nearly US$1 billion in budgetary support from the Capital Development Fund (CDF) over the last five years. The House approved the withdrawal of...
National Aluminium Company Limited ’s (NALCO) hi-tech pavilion at the Make in Odisha Conclave 2018 used the latest technologies including 3d holographic display, virtual reality (VR), touch screen, gesture driven interactive wall etc to showcase its production units, products, CSR activities,...
The state-run National Aluminium Company Limited has reportedly decided to bid at the auctions of 21 bauxite blocks to be put up for allocation by the governments of Jharkhand, Chhattisgarh, and Madhya Pradesh. According to the report, Nalco will put in bids for captive consumption and start...
According to an official of the Geological Survey of India (GSI), the remote region of North-east India has mineral reserves worth more than INR 10 lakh crore. However, these mineral reserves which are found in the land-locked region have not been explored. According to Tapan Pal, Director, PSS,...
Emirates Global Aluminium announced the arrival of two SD40-2 shunting-locomotives that will be used on its under-construction bauxite mining project in in Guinea. The locomotives will be used to move rail wagons around Guinea Alumina Corporation’s loading area at its mine location and at its...
One of the world’s largest mining and resources conference, the International Mining and Resources Conference is being held from October 29 to November 1 at Melbourne, Australia, the leading mining hub of the world. The conference is being attended by over 6,000 delegates from more than 90...
Metro Mining has published a detail operational report for the September quarter. Total September quarter shipments totalled 822,000 tonnes, more than double the amount shipped in the June quarter (399,000t). The Bauxite Hills mine operated close to budgeted monthly production and shipping levels...
Australian mineral exploration company Lindian Resources Limited (Lindian) has received three mining licences from the Tanzania Mining Commission over Lushoto Bauxite Project in Tanzania. The granted licences PL 11176/2017, PL 11177/2017 and PL 11178/2018 cover an area of 53.2 km² and include the...
The Guinean government is ensuring that bauxite mining companies working in the country do not harm the environment, Prime Minister of the Republic of Guinea Ibrahima Kassory Fofana told Sputnik regarding a recent rights watchdog report on the dangers of such mining. The Human Rights Watch...
Hindalco Industries chairman Kumar Mangalam Birla has said the company’s fourth captive coal mine at Dumri may become operational by March 2019. Speaking at the 59th annual general meeting of the company in Mumbai, he said that Hindalco has secured around 3.2 million tonne of coal in the linkage...
Metro Mining has shipped one million tonnes of bauxite from its Bauxite Hills Mine north of Weipa since mining operations commenced. The millionth tonne of bauxite was loaded aboard the bulk carrier ISA OLDENDORFF as part of a 60,000 tonne shipment bound for Metro’s foundation customer Xinfa Group....
Metminco Limited has announced it has entered into a binding agreement to acquire 100% of shares of Sunshine Metals Ltd. Sunshine Metals holds 80% of the Jejevo Nickel Project on Santa Isabel Island and an 80% interest in an early stage bauxite prospect — the Tausere bauxite Project, on the...
Jamaica’s Minister of Transport and Mining Hon. Robert Montague defended the bauxite mining deal that Jamaican Government signed with New Day Aluminium at the parliament. He said that when New Day/ DaDa Holdings, LLC (New Day) acquired 49% stake in the Noranda Jamaica Bauxite Partnership in Jamaica...
Metallica Minerals and Melior Resources on Thursday, September 13, announced that they signed an agreement together to create a diversified Queensland mining company with the aim to boost near-term production potential and the future growth opportunities. Metallica Minerals Ltd. is an Australian...
