Africa

Anglo-African Minerals to Join with Chinese Firms in Guinea Bauxite Project

Anglo-African Minerals to Join with Chinese Firms in Guinea Bauxite Project

Irish exploration firm Anglo-African Minerals recently announced a €200 million joint venture with China New Era Group and China Geo-Engineering Corporation to begin mining bauxite in Guinea. Tipperary’s Anglo-African, which has had a presence in the country since 1998, owns four bauxite...

Events

Guinean Firm to Begin Construction on Bauxite Mine by End of 2016

Guinean mining firm Societe des Bauxites de Dabola-Tougue (SBDT) said late last week that it expects to commence construction on a bauxite mine in country that will position it to begin harvesting the vast, largely untapped reserves the West African country possesses, said the company’s CEO. “We are currently finalising the feasibility studies. We plan […]

Ghana’s Aluworks Says US$25 MM Deal with Vedanta Imminent

The Republic of Ghana’s Aluworks is poised to emerge from its financial doldrums, as it says it is on the verge of closing a US$25 million deal with Vedanta Resources. The firm indicates that the move will help them become competitive in the face of a market flooded with cheap Chinese imports. “We are talking […]

EGA to Open Bauxite Mine in Guinea

United Arab Emirates’ Emirates Global Aluminium PJSC (EGA) announced last week that it would soon begin construction on a significant bauxite mine in the West African country of Guinea. The mine is anticipated to insure a steady stream of high-quality bauxite ore for the firm’s domestic operations and, in turn, lead to new sales in […]

Dubai Firm Soliciting Funds to Develop US$8 Bln Bauxite Mine in Guinea

A resources firm based in Dubai has been in negotiations with certain trading houses to begin development of Guinea’s bauxite reserves. The reserves, once held by Anglo-British firm BHP Billiton, are reportedly valued at US$8 billion. Gajah Investment Group’s co-founder James Tounkara indicated in an interview that he expected interest from the People’s Republic of […]