Australia

ABx Announces Restart of Bald Hill Mine on August 8

ABx Announces Restart of Bald Hill Mine on August 8

Australian Bauxite Limited announced on Wednesday that the firm, in conjunction with its operations contractor Stornoway, will be restarting the Bald Hill Bauxite Project at Campbell Town, Northern Tasmania. The announcement gave the starting date as August 8 for continuing routine rehabilitation....

Events

Metro Mining Inks Strategic Financing Agreement with Greenstone

Brisbane’s Metro Mining Limited announced yesterday that it has signed an agreement with Greenstone Resources II Ltd that grants Greenstone a 19.98% interest in Metro in addition to providing Metro with assistance in developing its Bauxite Hills Project. The agreement has Greenstone investing an initial US$6.76 million by way of a placement of 105 million […]

Australia’s Iron Mountain Announces Significant Bauxite Find in Solomons

Australian miner Iron Mountain Mining Limited announced late last week that it has discovered “extensive large-scale” deposits of bauxite in the Solomon Islands. The firm made the discovery in the course of its exploration at the Nendo Bauxite Project in Temotu Province. According to the firm, the results of a comprehensive auger drilling and pit […]

ABx Completes Major Third Sale of 35k Metric Tons of Ore

Australian Bauxite Limited announced another significant sale today. The firm said in a news release that a sale of 35,000 metric tons of bauxite had been inked in recent days. The sale in question is a replacement of an earlier sale for 5,000 metric tons made late last month. No buyer or sale price was […]

Alcoa of Australia Ships First Bauxite from Western Australia

Alcoa of Australia has loaded the first shipment of bauxite from its operations in Western Australia. Hailed as a milestone by the company, the shipment is headed to an alumina refinery in the People’s Republic of China. The event, held at the Perth suburb of Kwinana, consisted of 47,000 metric tons from Alcoa of Australia’s […]

Rio Tinto Reorganizes Business Structure and Executive Team

Anglo-Australian mining titan Rio Tinto announced a shake-up to its executive team and organizational structure yesterday. “In the face of testing times for the industry, Rio Tinto is performing remarkably well. Our ambition is to deliver superior performance day-in and day-out so that we create value for our shareholders and communities now and over the […]