The Andhra Pradesh government Wednesday signed a memorandum of understanding (MoU) with the government of Ras Al Khaimah, assuring supply of bauxite for a proposed alumina plant in Visakhapatnam district.
The MoU was signed by Y. Srilakshmi, secretary, the Industries and Commerce Department, and Sheikh Saud Bin Saqr Al Qasimi, the crown prince and deputy ruler [...]

Unions in Guinea resumed a general strike on Monday in protest against President Lansana Conte’s rule and disrupted mining operations in the world’s top bauxite exporter, witnesses and officials said.
For the second time in a month, markets, shops, schools, banks and administration offices were closed in the capital Conakry and other towns around the West [...]

Copper and other key industrial metals prices were firm on the London Metal Exchange on Friday as traders assessed the likelihood of fresh Chinese buying.
“We’ve seen copper correcting then holding at a level, but our view is that there will be Chinese buying after their New Year holidays,” a fund manager said.
Copper ended the day [...]

Following news of BHP Billiton’s [NYSE:BHP] interest in a very early stage DRC bauxite project, Marius Klopper, an executive director, says his company is also looking at a stake in Global Alumina’s [TSX:GLA-U] Republic of Guinea-based deposit containing the same commodity.
Bauxite is aluminium ore which is smelted into alumina and then refined into aluminium.
The company [...]

Union leaders in Guinea have given President Lansana Conte one week to name a prime minister, saying they will restart a suspended general strike in the West African country if he fails, a union negotiator said on Tuesday.
The public ultimatum reflects the suspicions of union bosses that Conte is dragging his feet over implementing a [...]

A consortium led by China’s biggest gold miner, Zijin Mining Group Co., has made a 94.6 million pound, or $185.4 million, offer for British copper miner Monterrico Metals PLC, in what could become China’s first outright takeover of an overseas listed company.
The proposed acquisition, announced earlier this week by Monterrico and Zijin, is the latest [...]

Alcan Inc., the Canadian aluminum supplier and bauxite miner, said Wednesday it swung to a profit in the fourth quarter on higher aluminum prices and sharply lower restructuring charges.
Alcan, based in Montreal, reported net income of $422 million, or $1.13 per share. The latest quarter included a gain of $97 million, or 26 cents per [...]

A draft new mining policy, which is expected to open up India’s largely untapped mineral deposits, is ready and awaits cabinet approval, a senior government official said on Tuesday.
Only 10 percent of India’s land mass has been explored for its mineral wealth, and industry officials say this is due to lengthy paperwork and bureaucratic delays.
India [...]

Vattenfall AB, Alcan Inc., Duke Energy Corporation and the International Emissions Trading Association (IETA) will work with other leading industries and financial institutions to accelerate the evolution of carbon trading as one of the key components to addressing climate change. This cooperation was announced today at a press conference at the World Economic Forum’s annual [...]

Indonesian state-owned miner PT Aneka Tambang Tbk (Antam) said on Thursday its ferro-nickel sales in 2006 nearly doubled from the previous year thanks to higher output.
Antam said in a statement sales of ferro-nickel in 2006 rose 92 percent to 13,389 tonnes from 6,988 in the previous year.
Last year, output of ferro-nickel, a raw material for [...]