Archive for the " Bauxite Mining " Category

Sierra Leone: Mining Company Suspends Operation With US$2.5 Million Wasted-Tears Flow in Port Loko

May 9th, 2007
Sierra Leone: Mining Company Suspends Operation With US$2.5 Million Wasted-Tears Flow in Port Loko

Residents of Port Loko district are reported to have wept bitterly after receiving shocking news from the Project Manager and Chief Geologist of the Port Loko Bauxite Project, Ebo Bakker that they are suspending operations in Sierra Leone as a result of the non-renewal of their exploration license.
The Port Loko Bauxite project is managed by [...]

Maaden $7bn Alcan deal

May 3rd, 2007
Maaden $7bn Alcan deal

Saudi Arabian Mining Company has entered into a $7bn joint venture with aluminium major Alcan, Arab News reported. The integrated project will include bauxite mining, alumina refining, a power plant and aluminum smelting. A first phase includes developing a 90m-tonne bauxite reserve, and building a 1,400 MW power plant; an alumina refinery with a capacity [...]

Australia’s Alumina says rising costs, demand to underpin alumina prices

May 3rd, 2007
Australia’s Alumina says rising costs, demand to underpin alumina prices

Alumina Ltd said it expects long term alumina prices to be underpinned by rising capital costs for constructing new refineries, as well as growing demand and the availability of bauxite.
Chairman Don Morley told Alumina’s annual general meeting that construction costs for alumina refineries have increased substantially.
“For example, recent expansions of alumina refineries outside China have [...]

BHP buys into bauxite project

April 27th, 2007
BHP buys into bauxite project

BHP Billiton on Friday announced the acquisition of a 33.3% interest in Global Alumina’s Sangaredi Refinery Project in Guinea, West Africa, for a consideration of $140m.
The project comprises the design, construction and operation of a 3Mtpa alumina refinery, 9Mtpa bauxite mine, and associated infrastructure.
A mining concession covering 690km has been secured and a mineral resource [...]

Sourcing bauxite for smelters a challenge

April 23rd, 2007
Sourcing bauxite for smelters a challenge

Finding enough bauxite sources to feed the upcoming aluminium smelters in the Gulf will be a challenge as the region begins to emerge as a major producer of the metal. Availability of cheaper energy has encouraged new investment in aluminium production in the region.
Power is responsible for roughly one-fourth of a smelter’s operating costs, while [...]

Top bauxite exporter withdraws mining agreements for review

April 23rd, 2007
Top bauxite exporter withdraws mining agreements for review

Guinea, the world’s number one bauxite expor-ter, says it is with-drawing agreements made with a U.S. oil company and a Russian-managed bauxite producer as part of a planned review of minerals contracts.
The withdrawals were announced in a government statement read on state television Sunday.
They referred to a production-sharing contract with American oil company Hyperdynamics and [...]

The Alumina Refining Industry’s Revenue for the Year 2006 Was Approximately $1,460,000,000

April 19th, 2007
The Alumina Refining Industry’s Revenue for the Year 2006 Was Approximately $1,460,000,000

Research and Markets (http://www.researchandmarkets.com/reports/c54388) has announced the addition of “Alumina Refining Industry in the U.S. and its Foreign Trade (1996-2008)” to their offering.
This industry report focuses upon the Alumina Refining industry. This U.S. industry comprises establishments primarily engaged in refining alumina (i.e., aluminium oxide) generally from bauxite.

China’s big metal deposits hurt by low grades-media

April 19th, 2007
China’s big metal deposits hurt by low grades-media

China holds large reserves of metal deposits but the quality of most of the deposits is low, state media reported on Wednesday, citing preliminary survey results from the country’s geological institutes and resource agencies.
China plans to complete an assessment of the country’s mineral resources and set up a mining plan for some provinces in 2007, [...]