Archive for the 'Bauxite' Category

Exploration spending in Krasnoyarsk to quadruple in 2007

Investment in geological exploration in the Krasnoyarsk region will quadruple this year, to 22
billion rubles, a source at the regional office of the Federal Subsurface Resources Agency told Interfax.
Up to 12 billion rubles […]

April 19th, 2007 - Posted in Bauxite, Mining News

Xstrata to sell aluminum assets for US$1.15 billion

Xstrata plc, the fourth-largest copper and nickel producer in the world, has agreed to sell aluminium plants and a bauxite mine to New York-based Apollo Management LP for US$1.15 billion as it focuses on more profitable commodities.
The operations in the US and Jamaica were acquired by Switzerland-based Xstrata in 2006 when it bought Canada`s Falconbridge […]

April 15th, 2007 - Posted in Bauxite, Mining News

Alcan Plans to Sell Stake in Indian Joint Venture to Develop Bauxite Mine and Alumina Refinery

Alcan Inc. said Thursday it plans to sell its 45 percent stake in an Indian joint venture to develop a new bauxite mine and alumina refinery.
Alcan said it expects to complete the sale of its interest in Utkal Alumina International Ltd. during the second quarter. While Alcan said it has taken “initial steps” leading to […]

April 15th, 2007 - Posted in Bauxite

Chaclo seeks NDRC approval to develop Guinean bauxite mine

The Aluminum Corporation of China Ltd. (Chalco) has applied to the National Development and Reform Commission (NDRC) for approval to develop bauxite mines in and around
the Mamou Region of the African country of Guinea, the NDRC announced
today.
Chalco plans to […]

April 15th, 2007 - Posted in Bauxite, Mining News

Illegal mining: After Porbandar limestone, Jamnagar bauxite

In a joint operation, the police, Revenue and, Mines and Minerals departments have unearthed an illegal bauxite mining scam and detected royalty theft to the tune of Rs 4 crore in Jamnagar district. Last year, a Rs 100-crore limestone mining scam had been reported from adjacent Porbandar district. As in the Porbandar case, investigating agencies […]

April 13th, 2007 - Posted in Bauxite

Guinea opposition sceptical on new government

Guinea’s unions on Thursday welcomed the creation of a new government after weeks of violent unrest but the opposition was sceptical that it heralded a new dawn for Africa’s most corrupt country.
On Wednesday Prime Minister Lansana Kouyate named a government containing no minister from the previous administration and composed mostly of unknown technocrats aligned to […]

April 3rd, 2007 - Posted in Bauxite

Indian tribe defends “hill god” from foreign miner

Their thick, ancient forests shelter leopards, elephants and even the odd tiger, their slopes are home to an isolated tribe, but the “curse” of eastern India’s Niyamgiri hills lies beneath the soil.
Massive deposits of bauxite have brought Britain’s Vedanta Resources to this remote corner of the state of Orissa, where they have already built […]

April 3rd, 2007 - Posted in Bauxite

Giulio Casello Named Senior Vice President of Business Development for Century Aluminum

Century Aluminum Company announced that Giulio Casello has been named to the newly created position of senior vice president of business development. In this position, he will be responsible for identifying and securing new growth opportunities in the areas of primary aluminum, bauxite and alumina.
Casello joined Century in Sept. 2005 from Alcoa, where he […]

April 3rd, 2007 - Posted in Bauxite, Press Release

Testing Taking Place in Productive Gold Producing Green Stone Belt in Suriname

Hemisphere Gold Inc., a gold exploration, property acquisition and mining development company, reported today that its surveys of its concession continue on multiple fronts and that initial results should be ready in the very near future.
The surveys and testing are concentrating in specific areas that have been identified through satellite imagery and geologic trends. There […]

April 3rd, 2007 - Posted in Bauxite, Precious metal, Press Release

Alcan reviewing close results of Iceland Hafnarfjordur public consultation

Alcan Inc. announced today that it will carefully analyse the close results of last Saturday’s public consultation in Hafnarfjordur and assess the impact these results may have on the future of its ISAL aluminum smelter. Citizens of Hafnarfjordur voted by a small majority (50.3%) against a local urbanisation plan that included the expansion of the […]

April 3rd, 2007 - Posted in Bauxite