BAUXITE Mining News

Rusal starts shipping bauxite from Guinea's Dian-Dian mine

Rusal commissions bauxite mine at Dian Dian.

Ivorian miner seeks $375m bauxite venture with Sumitomo

Neighboring Guinea is now China’s largest supplier of bauxite after overtaking Australia in 2017.

Rio Tinto about to offload stake in Grasberg mine for $3.5 billion

Company confirmed is in talks to sell its stake in the world’s second largest copper mine to Indonesia’s Inalum.

US confirms list of 35 key minerals, targets domestic supply boost

Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the US deems essential to national security.

Strike shuts off 1.2 mln T bauxite output at Guinea SMB mine

The company had already lost between one million to 1.2 million tonnes of scheduled bauxite production because of the strike.

Votorantim swings to profit on higher metal prices

Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses.

Guinea gives preliminary go-ahead for new bauxite project

Guinea is Africa's top bauxite producer and output more than doubled last year to about 50 million tonnes.

US sanctions on Rusal shatter aluminium's supply chain: Andy Home

By extending the sanctions deadline to Oct. 23, 2018, the Treasury Department has given Rusal and the aluminium market some much needed breathing space.

Ship firm Oldendorff halting Guyana operation due to Rusal crisis

Rusal's 90 percent owned Bauxite Company of Guyana produced 1.05 million tonnes of bauxite - the raw material used to make aluminium - last year.

Russia sanctions throw global aluminum supply chain into chaos

Alumina prices have already rocketed, jumping by more than a quarter in the last week and heading for a record high.

Global bauxite production to grow: BMI

A new report issued by BMI research states that global bauxite production growth will accelerate over the coming years.

Rio Tinto defends executive bonus structure

Proxy adviser Glass Lewis criticised the firm for paying out bonuses in 2017, a year when two employees died at work.

Venezuelan Catholic Church worried about mining devastation

"The church but the entire world is worried about the environmental degradation that unregulated mining activities are causing in the Bolívar and Amazonas states."

Guinea: Mining firms will remain key target for anti-government protesters

Anti-government sentiment is set to further escalate in the run-up to the legislative election in September, and mining firms are likely to experience even more disruption as many blame them for the state’s failure to contribute to their wellbeing.

China's alumina restarts hindered by bauxite shortage – Antaike

Alumina refineries and aluminium smelters in parts of China cut production by 30% during November to March as part of a campaign against air pollution.

Venezuelan government defends Mining Arc, environmentalists say it’s not working

Very few of the 150 companies who expressed interest in investing in the Mining Arc actually presented concrete offers.

Why a small Canadian city wants to buy shares in Rio Tinto Alcan

People in Kitimat are worried about SO2 emissions.

First Aboriginal mine opens in Northern Territory

Sunday was a proud day for Aboriginal people in Australia's Northern Territory, with the opening of a new bauxite mine.

Indonesia to grab Rio Tinto stake in Grasberg mine

After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.

Dominican Republic presents Extractive Industries Transparency Initiative report

The country's reserves have been estimated at $60 billion for metallic and 40 billion for non-metallic resources.

Venezuela’s Mining Arch in the spotlight again

New reports highlighting the environmental dangers posed by mineral exploitation at the Mining Arch have emerged, as Venezuelan officials try to convince Alrosa to invest in the project.

China’s demand drives long-term gains for aluminium

BMI Research raised the 2018 aluminium price forecast to $2,000/tonne, from a previous forecast of $1,900/tonne.

Major Guinea bauxite mine to start producing in 2019

Alliance Mining Commodities will invest $670 million over the first five years of production at its mine in northwestern Guinea, Saadou Nimaga.

Copper price: Rio slashes production guidance

Delayed ramp-up at Escondida, mine sequencing at Kennecott.

Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.