Cape Alumina Ltd.

Metro Mining’s First Shipment of Bauxite Sails for China

Metro Mining’s First Shipment of Bauxite Sails for China

The first batch of bauxite harvested from Metro Mining Ltd’s operations at Bauxite Hill Mine set sail for the People’s Republic of China earlier this week per an announcement by the firm. The initial shipment, which consists of around 62 thousand metric...


Gulf Alumina Confirms Metro Mining’s Buyout Offer is Superior

Brisbane’s Metro Mining Ltd. said on Wednesday that the board of Gulf Alumina Limited confirmed its offer to buy all outstanding Gulf shares was superior to the proposal offered by Moly Mines Limited. Metro, which has a 39.3% stake in Gulf at present, says that the purchase of the remaining Gulf shares represents a “logical […]

Metallica Minerals Announces First Shipment from Cape York

Brisbane-based bauxite developer Metallica Minerals Ltd. announced the first bauxite ore shipment from Hey Point at Cape York, Queensland. This shipment represents the first independent bauxite export from the Cape in over half a century. Metallica’s press release said that Green Coast Resources (GCR) made the shipment using infrastructure that Metallica intends to use to […]

Metro Mining Inks Bauxite Contract with Xinfa Group

Brisbane’s Metro Mining Ltd announced yesterday that it has papered an agreement with the People’s Republic of China’s Xinfa Group. According to Metro, the agreement is for four years and obliges the firm to provide one million metric tons in the contract’s first year, then two million metric tons per annum for the remaining three […]

Metro Mining Inks Deal to Substantially Increase Stake in Gulf Alumina

Australia’s Metro Mining Limited announced yesterday that it has signed agreements to increase its stake in Gulf Alumina Limited to roughly 39% of the latter’s issued capital. Metro Mining says that the agreement means acquiring the shares held by four long-term Gulf shareholders. The acquisition cost Metro Mining A$8.5 million, which was funded by an […]