Latin America

First Bauxite Lands US$10 MM Financing for Bauxite Project in Guyana

First Bauxite Lands US$10 MM Financing for Bauxite Project in Guyana

Canadian mining firm First Bauxite Corporation (FBX) announced on Friday the successful negotiation of a second bridge-loan facility of up to US$10 million and the recent commencement of construction on the firm’s Bonasika Bauxite Project. Per the firm, the bridge-loan facility will...

Sources Say Argentina on Verge of Long-Term Exemption to U.S. Aluminium Tariff

According to rumors seeping out of last weekend’s Summit of the Americas, Argentina is soon to be the recipient of a carve-out to U.S. President Donald Trump’s blanket 10-percent tariffs upon imported aluminium. Per unnamed sources, the two countries’ governments struck an agreement allowing for such an exception, though the parties have yet to iron […]

Pair of Independent Investigations Find No Pollution by Alunorte

Norsk Hydro A.S.A. reported the findings of two reviews of the ongoing situation at Alumina do Norte do Brasil S.A.’s (Alunorte) refining plant, both of which confirm the company’s contention that the plant released no toxins during a flooding event several weeks ago. The two reports, of which one was a review by an internal […]

Hydro Challenges State Tests Finding Heavy Metal Pollution at Alunorte Alumina Refinery

Though immediately challenged by Norsk Hydro, a Brazilian federal government study says that the waters in the vicinity of Alumina do Norte do Brasil S.A.’s (Alunorte) refining plant show elevated levels of heavy metals. In comments to domestic media Wednesday, public health researcher Marcelo Lima of Brazil’s Health Ministry organ Evandro Chagas Institute said that […]