Africa

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

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,...

Events

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 […]

Iran Seeks US$10 Billion to Revive Domestic Aluminium Industry

The government of the Islamic Republic of Iran is in search of a US$10 billion investment to help it kick-start its domestic aluminium industry. Experts expect the industry to export over sixty percent of production, tapping into the growing global demand for the versatile metal. “The government of President Hassan Rouhani has decided to revive […]

Revised Bauxite Mining Regs to be Completed by End of Moratorium: Deputy Minister

Malaysia’s Ministry of Natural Resources and Environment said on Wednesday that it expected to have modified standard operating procedures (SOPs) in place by the end of the present moratorium on bauxite mining. According to remarks by Deputy Natural Resources and Environment Minister Datuk Hamim Samuri, most details surrounding the new SOPs have been painstakingly ironed […]

Rusal and Guinea Agree to Terms on Bauxite Mine, Alumina Complex

Russia’s UC Rusal and the government of West Africa’s Republic of Guinea have come to an agreement regarding the resumption of operations at the Friguia bauxite and alumina complex. The two parties also signed an annex to the Dian-Dian concession agreement regarding development of a bauxite mine of the same name. The firm and the […]