Africa

First Payment On Infrastructure-For-Bauxite Deal Made By China To Ghana

First Payment On Infrastructure-For-Bauxite Deal Made By China To Ghana

After talks last weekend between representatives of the two governments, Ghana confirmed that it is going ahead with a US$2-billion deal with the People’s Republic of China to exchange infrastructure improvements in the West African country for bauxite ore. According to Ghanaian...

Events

EGA Ships First Bauxite From Guinea Mines

Emirates Global Aluminium PJSC (EGA) announced yesterday the first exports of bauxite ore from its mines in the West African state of Guinea under the auspices of Guinea Alumina Corporation (GAC). Per EGA, the commencement of bauxite ore shipments marks the beginning of the company’s status as an integrated aluminium major. The opening of this […]

Lindian Secures Funding For Drilling At Gaoual Bauxite Project In Guinea

Australian mineral exploration firm Lindian Resources Limited announced last week the successful funding of bauxite drilling operations in Guinea via a A$1.3 million stock placement. Per the firm, the placement consisted of the sale of 81.25 million fully-paid ordinary shares that were marketed primarily to professional and sophisticated investors. A 1:1 option will also be […]

Global Aluminium Production Falls To 5.25 Million Metric Tons In June

Global aluminium production fell in June, as the worldwide total of smelted primary aluminium last month came to 5.25 million metric tons according to numbers released by the International Aluminum Institute on Monday. Per the Institute’s numbers, June’s production was down on the month by 180 thousand metric tons on the month and 80 thousand […]

Head Of GIADEC Visits Site Of Bauxite Miner Riots In SW Ghana

The head of Ghana’s aluminium promotion and development body traveled to a mine in the country’s southwest last week to ensure that the recent labor unpleasantness has been put behind it. Michael Ansah, Chief Executive Officer of Ghana Integrated Aluminium Development Corporation (GIADEC), traveled to Ghana Bauxite Company Ltd.’s (GBC) mine in Awaso at the […]