Ghana’s Bauxite Mining Plans Well Underway: President Akufo-Addo
Ghana’s president announced earlier this week that his government is well into plans to take advantage of the bauxite ore...
Africa
Lindan Survey Of Lelouma Bauxite Project Prompts Higher Estimated Resource Totals
Australian mineral exploration firm Lindian Resources Limited upgraded its estimated resources at its Lelouma Bauxite Project on Tuesday to 900 million metric tons at 45.0% Al2O3and 2.1% SiO2. Earlier this year the firm commenced a new drilling campaign to update the database...
EGA Shipped Over 6.1 Million DMT Of Bauxite Ore From Guinea Over Past Year
Emirates Global Aluminium PJSC (EGA) celebrated the year that has passed since the maiden bauxite export left from the facilities...
Lindian Says Gaoul Project To Yield 102 Million MT Of High Grade Alumina
Australian mineral exploration firm Lindian Resources Limited announced late last week the projected resource size for its project at the...
Events
Chalco Soon To Ship First Bauxite Ore From Guinea Project
Aluminum Corporation of China Ltd (Chalco) said late last month that it has begun preparing the first shipment from its bauxite operations in Guinea to China via ocean-going vessel. In a statement given to domestic media, Chalco said the initial shipment would soon arrive at the Fangchenggang port in Guangxi, but the firm did not […]
GAC Provides COVID-19 Aid To Guinean People Via Hundreds Of Temporary Jobs
Emirates Global Aluminium PJSC (EGA) announced last week that its subsidiary Guinea Alumina Corporation has begun to offer support for the Boke region to ease the suffering caused by the current coronavirus pandemic. EGA said that subsidiary GAC is sponsoring the production of soaps, facemasks, and other protective equipment by local producers in an effort […]
IMF Says Collateral At Risk In Bauxite-Backed Loan From Sinohydro To Ghana
Repayment of a US$2-billion loan backed by a portion of Ghana’s bauxite reserves may be defaulted upon according to a report published last week quoting the International Monetary Fund (IMF). According to the Natural Resource Governance Institute’s report entitled Resource-Backed Loans: Pitfalls and Potential, the 2018 loan to Ghana’s government from Chinese firm Sinohydro obligates […]
Ghana To Decide On New Bauxite Joint Partnership By Year’s End: President Akufo-Addo
In the course of the Ghanaian president’s state of the union address last week, Nana Akufo-Addo revealed that the decision by Ghana Integrated Aluminium Development Corporation (GIADEC) on the subject of a joint venture to explore the country for additional bauxite resources would be made by year’s end. Speaking to Ghana’s parliament on Thursday, Akufo-Addo […]
Local Tribal Chiefs Allay Fears Of Harm To Ghana’s Atewa Forest By Proposed Bauxite Mining
Responding to protests against bauxite mining in the Atewa Forest, four of the area’s chiefs and elders released a statement last week condemning such protests and assuring the wider world that the process for agreeing to the proposed mining was honest and transparent. The statement, which was carried by domestic media outlets earlier in the […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
