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 repeated instances of civil unrest in Guinea, particularly in the mineral-rich region of Boké in the west of the country have been incessantly growing over time. Guineans claim that the mining companies in Guinea failed to contribute to their wellbeing, despite being a country with the highest...
The mining conglomerate Vedanta Resources has reported rising cost pressures despite an increase in annual profits on the back of higher commodity prices. As announced on May 5, 2018, the company, controlled by Indian tycoon Anil Agarwal, witnessed a 21 per cent rise in consolidated...
Environmental protection organisations have urged Ghana government to halt the planned mining of bauxite in the Atiwa Forest Reserve and to completely exclude it from the bauxite mining agreement because of water provision services and ecological reasons, Ghana News Agency reported. The...
Societe Miniere de Boke (SMB) has resumed operations at its bauxite mine after a nearly two-week strike in Guinea, the company’s Managing Director said on Wednesday. “The overwhelming majority of workers went back to work this morning even if there are a few scattered blockages without any impact...
Former Head of the National Industrial and Commercial Investments Limited (NICIL) IN Guyana, Winston Brassington has defended the decision to bring back Russian bauxite company Rusal to Guyana. According to him it was in favour of the local industry and Rusal was the only company to show interest...
With the expansion of bauxite mining sector and reopening of Alpart refinery, players in the local mining, haulage and construction sectors in Jamaica are anticipating a boost in their production capacity with the availability of brand new heavy-duty trucks for purchase in Jamaica. The trucks are...
Mercantile OFM’s A11c per share proportional takeover offer for Bauxite Resources has been extended until May 21, while the company is fighting back, boosting its venture Ceres bauxite deposit in the Darling Range, Western Australia by 48%, a company press release confirmed. The exploration project...
Metro Mining has commenced mining operations at the Bauxite Hills Mine. Metro Mining Managing Director & CEO Simon Finnis said the Bauxite Hills Mine would feed the ever-growing seaborne bauxite market. Metro’s first shipment has been purchased by China’s Xinfa Group, one of the largest integrated...
After several rounds of discussion and year-long struggle, Vedanta Aluminium Limited finally sealed a deal with the OMC to haul bauxite from Kodingamali mines to Lanjigarh refinery, as reported on April 12, 2018. According to the previous news, Vedanta had expected to pay high costs to transport...
The prolonged wait of an Angolan company Bauxite Angola for resuming its cooperation project, particularly for exploring bauxite deposits seems to finally come to an end in 2018. In 2007, Bauxite Angola had secured rights to the bauxite reserves in Guinea Bissau and in April 2012, the project was...
Altech Chemicals Limited has been aiming to become one of the world’s largest suppliers off 99.99 per cent (4N) high purity alumina (HPA), a high value, high margin and highly demanded chemical ingredient required for synthetic sapphire production. With that aim, it had exercised its options to...
Bhubaneswar based premier and integrated company in the aluminium value chain, National Aluminium Company Limited (NALCO) sets a new world record by excavating total 8 million tonnes of bauxite in FY2017-18. The company seems to be enjoying to have graced top news with its successive achievement,...
Australian Bauxite Limited, the Tasmanian miner reported a consolidated net profit of $170,000 in CY 2017, after a net loss of $160,000 in 2016. The chairman and former Labour state premier Paul Lennon says that the miner has potential to become a “significant corporation” and the venture is worth...
After the limited allowance of ore export in Indonesia, state-owned diversified miner PT Aneka Tambang (Antam) has obtained a new permit recommendation from Energy and Mineral Resources Ministry for bauxite and nickel exports. This will support their plans to boost production and sales of bauxite...
Bauxite mining operations, which was delayed by up to one week due to arrival of Tropical Cyclone Nora, is now scheduled to commence the week of 9 April 2018. It is not expected that this delay will have any impact on the 2018 production target, Metro Mining updated. The company said that there...
SBDT (Société des Bauxites de Dabola–Tougué) company established and located in Republic of Guinea (Conakry) has put up an announcement in relation to operational requirements for their Leguetera bauxite mine in Dabola. Guinea’s Société des Bauxites de Dabola-Tougue (SBDT) is constructing a bauxite...
Bauxite mining operations, which was due to commence during the week beginning 2nd April, has been delayed by up to one week due to arrival of Tropical Cyclone Nora. However, the 2018 production target for the project remains unchanged, Metro Mining reported today. "Tropical Cyclone Nora is...
Sierra Leone’s primary mineral resources are diamonds, rutile, bauxite and gold among others. The country’s exports of bauxite have been rising over the last three years.Total bauxite export volume is expected to decrease in 2018. Romania imports the largest chunk of bauxite from Sierra Leone....
