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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Water, Land and Natural Resources Minister Dr Xavier Jayakumar said in a statement on September 10, 2018 that the Pahang government will not issue export licenses to any firms that violate the moratorium period. He said the ministry had been informed illegal bauxite mining activities were taking...
On Thursday, September 6, Jamaica Government signed a new mining agreements with New Day Aluminium (Jamaica) Limited, which is affiliated to Dada Holdings LLC and acquired Noranda's stake in the St Ann Bauxite Limited in 2016. The agreement secures protection of the Cockpit Country and thousands of...
The government has agreed to issue temporary approved permits (APs) to the relevant firms to export and clear the remaining stockpile of the ore located in Pahang. Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar said the decision came after talks between the ministry and the...
Mining operators have urged the state government to allow bauxite mining activities after the moratorium end on December 31, 2018. LLT Group (Malaysia) Sdn Bhd, director Datuk Seri Abdul Rahim Abdul, said a set of standard operating procedure (SOP) for bauxite mining activities have been handed to...
Members of the Ghana Mine Workers Union (GMWU) have supported the Akufo-Addo Administration’s decision to sign a $2 billion bauxite barter deal with Sinohydro Group Limited. The government is facing criticism from analysts and oppositions on the decision to agree on a loan for infrastructure...
The Australia-based metals and mining company South32 is reportedly using a new robot, the BIKE platform, to execute safety checks at its Worsley alumina operation, the world’s largest alumina project comprised of a bauxite mine near the town of Boddington and an Alumina refinery near Worsley. The...
According to the report published in Kontan.co.id, the ministry's mineral business supervision director Bambang Susigit confirms that the government has temporarily revoked four concentrate export permits as the four mining companies have failed to fulfil commitments to develop smelters as part of...
According to the latest report on August 18, around 1400 workers have voted almost unanimously in favour of an indefinite strike that started last week for 20 months of negotiation. Workers from the Huntley and Willowdale bauxite mines, Bunbury Port, and the Kwinana, Pinjarra and Wagerup refineries...
According to a Reuters report, Indonesian government has temporarily revoked nickel ore and bauxite export permits of four mining companies. The government cited zero progress in smelter development by those miners as the ground for revoking the licence. This was shown by energy ministry data on...
The Federation of Indian Mineral Industries (FIMI)has sought rationalisation of tax on mining, and exemption from export duties on iron ore and bauxite. In a press statement before its 52nd Annual General Meeting, the industry body said taxes and royalty for mining in India are the highest in the...
The National Aluminium Company Limited (Nalco), a government of India Enterprise and Navaratna Company, has come forward for bauxite mining in the agency area of Visakhapatnam district, along with a plan to set up an aluminium plant. Minister of state for mines Haribhai Parthibhai Chaudhary...
According to an update from the office of Chhattisgarh Mineral Development Corporation (CMDC) the organization has started the tendering process for carrying out detailed exploration of different Bauxite and Iron Ore blocks in the State. The Corporation has also started processing tender for...
General Manager of Ghana Bauxite Company, J.K Fang, has said that despite various operational challenges, the company managed to register profits for the first time in bauxite mining for two years. Ghana Bauxite Company is facing allegations that the company is hiding facts to evade tax payment to...
Metro Mining releases its June Quarterly activity Report. The Bauxite Hills Mine was successfully commissioned during the June quarter. The company reported a bauxite sales of 399kt generating A$25.2m of revenue for the quarter and recorded its first monthly profit in June. Six Ocean Going Vessels...
The Energy, Technology, Science, Climate Change and Environment Ministry has not made any statement yet on behalf of the government over the issue of bauxite moratorium after it officially ended on June 30, 2018, reported Paya Besar Member of Parliament Mohd Shahar Abdullah. He said he would bring...
Ghana Vice President Dr. Mahamadu Bawumia has declared that the establishment of Ghana Integrated Bauxite and Aluminium Development Authority is about to complete and almost ready to add value to country’s mineral resources. He explicitly said, "We are almost at the end of establishing a government...
The latest Australian-led research disclosed on Monday, July 16, that bauxite mining could threaten a new species of venomous snake, named Vermicella Parscauda, recently found in Weipa with extinction. Weipa is a reputed mining town on the Gulf of Carpentaria coast of the Cape York Peninsula, where...
The prolonged period of moratorium on bauxite mining in Pahang, Malaysia, to finalise a regulatory framework to prevent a repetitive environmental damage, came to an end on June 30, 2018. The moratorium was put in place on January 2016 and was extended until June 30 to clear the then existing...
