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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XINFA Aurum Exploration Fiji Ltd has said that they are continuing with bauxite mining at the Naibulu bauxite mine site, despite the halt in shipment. Ministry of Lands and Mineral Resources permanent secretary Malakai Finau said mining was progressing well in the area. He added that the company...
Metallica Minerals Limited notes that the Queensland State Government has called for an election to occur on 25 November 2017. As a consequence Caretaker Government protocols now apply. The Company has received advice that it remains possible for the Urquhart Bauxite Mining Lease to be granted...
Iran is seeking $50 billion in investment for its mining industries out to 2022 and has signed agreements with several European and Asian banks in the past few months, the country’s deputy mining minister said on Wednesday. “We are in need of $50 billion for investment in the mining and mining...
One of Guinea's largest bauxite mines will begin producing five-million tonnes per year in 2019, the mines ministry said on Thursday, boosting the West African country's efforts to treble output by 2020. Guinea has about a third of the world's bauxite reserves, which are refined and smelted to make...
The Communist Party of India (Marxist) yesterday said that the state government did not cancel the GO no. 97 on bauxite mining. CPM district secretary K. Lokanadham condemned the announcement of AP Minister for Mines and Geology Sujay Krishna Ranga Rao for stating GOs relating to bauxite mining....
The International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA) successfully concluded its 35th International Conference and Exhibition of ICSOBA that was held in the Radisson Blu hotel in Hamburg, Germany from 2 to 5 October, 2017 in cooperation with TRIMET and DADCO. ICSOBA is a...
Rio Tinto has been notified by the US Securities and Exchange Commission (SEC) that it has filed a complaint today in relation to Rio Tinto’s disclosures and timing of the impairment of Rio Tinto Coal Mozambique (RTCM). The impairment was reflected in Rio Tinto’s 2012 year-end accounts. Rio Tinto...
The ore-starved Lanjigarh refinery of Vedanta Aluminium finally has something to rejoice. The Ministry of Environment and Forests has granted the final clearance for developing a new bauxite mine in the forest land adjoining Odisha’s Kodingamali plateau area. A mining contractor has already been...
Metro Mining Limited today announced the construction of the Bauxite Hills Mine is on time and within budget. The installation of marine infrastructure is ahead of schedule with marine pile driving complete. Xinfa Group, one of the largest integrated aluminium companies in China, recently visited...
The Coalition of Students in Conservation (COSIC) said at the press conference in Kumasi that they had asked the government not to permit bauxite mining in Atewa Forest Reserve. This would allow the people of Ghana to consume uncontaminated food and water, according to the news published on...
Exton Cubic Limited filed a suit at the High Court for revoking company’s Nyinahini mining lease to undertake prospecting of bauxite in the Ashanti Region. The company said, “the Minister of Lands and Natural Resources acted ultra vires [beyond] his statutory powers when he revoked Exton Cubic...
On being inquired about the recent share price rise on Australian Stock Exchange, Australian mining company Queensland Bauxite said the expected imminent grant of a mining development licence for its flagship South Johnstone bauxite project could be a reason. The company also pointed out to its...
A human rights, environmental and mining advocacy NGO named Wacam, has urged Ghana government not to grant license to any company to mine bauxite in the Atiwa Forest Reserve, on environmental grounds. Mr. Boakye-Dankwa Boadi, Director of Communication and Advocacy of Wacam warned that mining right...
The Government of India has set an auction target of INR 2 lakh crore worth of minerals in 2017-18. Out of this amount, only INR 48,000 crore worth of minerals including iron ore, bauxite, limestone, and manganese was auctioned in last six months. In the next six months, and another INR 1.50 lakh...
The 6th International Bauxite-Alumina symposium of IBAAS-CAMEN organized in Conakry, Guinea during September 21-22, 2017 was highly successful and well appreciated by participants, Government officials and media. There were about 130 delegates from all over the world including several participants...
Ashapura Holdings (U.A.E) FZE (‘Ashapura’), a part of the Indian multi-national Ashapura Group has acquired exclusive mining rights for Bauxite for over 100,000 acres in the Boffa prefecture of Guinea. Guinea is home to the largest Bauxite reserves in the world, Bauxite is the primary ore for...
Australian strategic metals company TNG Limited announced that the company signed an agreement for the sale of its wholly owned Melville Island exploration licence application (ELA) in the Northern Territory to Rio Tinto Exploration. ELA 28617 covers an area of 1,387km2 in the north-western part of...
Brazil is the third-largest producer of bauxite in the world. The top destinations where Brazil exports its bauxite are: United States, Canada, China, Europe, South America, and many more. The country exported 1,644,831 tonnes of bauxite to China during the first seven months of this year....
