Latin America

State Authorities Order Production Halved at Hydro Alunorte

State Authorities Order Production Halved at Hydro Alunorte

The government of the northern Brazilian state of Pará has ordered Norsk Hydro to halve production at Alumina do Norte do Brasil S.A. (Alunorte) due to the company’s failure to reduce the water level at a bauxite residue deposit at the site....

Events

Norsk Hydro Alerts Bauxite Customers of Supply Problems from Brazilian Mine

Norsk Hydro ASA yesterday issued a notice of force majeure to buyers of its bauxite, as a lack of water in the area has prevented Brazilian miner Mineração Rio do Norte (MRN) from delivering sufficient levels of ore to cover its contractual obligations. The firm advised bauxite customers that a drought in the region has […]

First Bauxite Corporation Updates Guyana Government on US$50 MM Mining Project

Canadian mining firm First Bauxite Corporation (FBX) updated Guyana’s president on a US$50 million bauxite project set to begin construction next year. According to a press release from the Ministry of the Presidency, FBX’s president and chief executive officer Alan Roughead contacted Guyana’s Minister of State Joseph Harmon on Thursday and provided an update to […]

Jamaica’s Bauxite Levy Continues to Fund Capital Development: Finance Minister

In response to an opposition leader’s declaration that the country’s bauxite levy is “dead Act just waiting for burial,” Jamaica’s Minister of Finance and the Public Service Audley Shaw assured representatives on Tuesday that the levy is still in place and will continue to fund the Capital Development Fund (CDF) that it has replenished for […]