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 bauxite exploration and development company Australian Bauxite (ABx) has announced its quarterly highlights for the period ending December 31, 2017. The company said it was able to complete all its sales despatches successfully as scheduled and even loaded and shipped a combined 35,000 tonnes...
In a bid to enhance production, Chhattisgarh Mineral Development Corporation Ltd. (CMDC) has sought forest land diversion of 99.35 hectares of land in the state. The Corporation intends to carry out detailed exploration of more number of bauxite blocks and develop Pathrai Bauxite mines in the...
In an update regarding Mercantile OFM’s acquisition of up to 50 per cent of the issued shares in Bauxite Resources Limited, the miner announced that Mercantile has increased the bid consideration to 11 cents from the earlier 9 cents for one of every two of its shares. Further, it has extended the...
Scandium International Mining Corp. (SCY) announced the signing of a Letter of Intent (LOI) with Ohm & Häner Metallwerk GmbH & Co. GK to test scandium alloys in casting applications. Ohm & Häner Metallwerk, based in Olpe, Germany, is a manufacturer of sand cast and gravity die cast parts. It...
National Aluminium Company Limited (NALCO) has submitted an application for environmental clearance with the Ministry of Environment, Forest & Climate Change (MoEFCC) for its bauxite mine in Pottangi, Odisha. The expert committee of the Ministry of Environment, Forest & Climate Change will examine...
Greece is the largest producer of bauxite and many other industrial minerals in the European Union. Aluminium of Greece which is the main aluminium producing company in the country owns Delphi-Distomon mining company. It operates two large bauxite deposits at Boeotia and Phocis. The plant has total...
According to an update from proactiveinvestors Australia, Lindian Resources Ltd is set to start drilling at the Lushoto Bauxite Project in Tanzania. The company has received a fund of $500,000 for 12 months, to undertake drilling at Magambe deposit. This was one of the key objectives behind the...
Australia’s Batchfire Callide Pty Ltd will continue to operate the coal mine in Central Queensland after the State Government approved an extension to its Boundary Hill mine lease. The mining lease period of the mine has been extended till 2043. Anthony Lynham, Minister for Natural Resources, Mines...
Metallica Minerals Limited today announced that it has received the mining lease for the Urquhart Bauxite Project from the Queensland Department of Natural Resources and Mines. The company is now awaiting a separate approval for construction of the haul road linking the project to established port...
The Securities and Exchange Commission (SEC) green lighted the merger of Marcventures Holdings Incorporated with two mining firms: Brightgreen Resources Holdings Incorporated (BHI) and Asia Pilot Mining Philippines Corporation (APMPC). Marcventures will become the surviving entity. The listed firm...
Gerakan Hentikan Pencemaran Bauksit (Geram) chairman Ali Akhbar Othman said recently in Pahang that Malaysian Anti-Corruption Commission (MACC) must first finalise the proper standard operating procedures (SOP) before deciding on the withdrawal of moratorium on bauxite mining. MACC’s recent...
Identification of new bauxite mining sites is on in Jamaica for licensing to the operators of Noranda Jamaica. The new bauxite mines will replace the now denied sites to the company which lies within the Cockpit Country’s protected boundaries. "We are advised that the commissioner of mines and...
According to a State Government official, Chhattisgarh Mineral Development Corporation Ltd. (CMDC) has sought 99.35 hectares of forest land diversion in Chhattisgarh to develop bauxite mining. CMDC aims to search major and minor minerals and precious stones and seek mining rights for exploration...
The Malaysian government has prolonged the period of moratorium on bauxite mining in Pahang for another six months till June 30 next year, which was supposed to expire on December 31. Natural Resources and Environment Ministry said in a statement that the cabinet has decided to extend the ban on...
Philippines Chamber of Mines is set to implement a set of sustainability standards developed by the Mining Association of Canada (MAC). Launched in 2004, the standards named ‘Towards Sustainable Mining’ (TSM) requires companies operating in various mining sectors to assess the performance of their...
The Malaysian Anti-Corruption Commission (MACC) has decided to withdraw seizure order on 10 million tonnes of bauxite stockpile in Pahang. The decision was made following the Natural Resources and Environment Ministry (NRE), Department of Minerals and Geoscience and the state government agreed to...
Fiji National University has launched a Certificate IV in Geology, Mining and Quarrying Programme. The programme would meet the needs of the mining and quarrying industry in Fiji. While addressing the graduates of Fiji National University's College of Engineering, Science and Technology, Faiyaz...
Alliance Miniere Responsable (AMR), Paris-based company developing bauxite project in the Boké region of Guinea, announced on Tuesday that the company began production at its Guinean bauxite mine. AMR is expected to increase bauxite production to 10 million tonnes per annum in the next two years....
