Compagnie des Bauxites de Guinée

Alumina Production By Rio Tinto Projected To Rise To 8.4 Million Metric Tons In 2019

Alumina Production By Rio Tinto Projected To Rise To 8.4 Million Metric Tons In 2019

The new year will see a rise in production of both bauxite and alumina from the world’s largest miner. Such was the news from a production report released by Anglo-Australian mining titan Rio Tinto Group late last week. In 2019 the company...

Events

New Round of Riots in Guinea Impede Bauxite Shipments

Violent protests have again rocked several cities in the western African nation of Guinea, disrupting bauxite ore shipments from the country in the process. The late unrest was touched off by the government’s failure to publish the results of an election last month the ruling party says it won. Riots erupted in the capitol city […]

Drop in Guinea’s Expected Economic Growth Blamed on Deadly Bauxite Riots

Riots this summer in Guinea’s Boké region sent ripples through the African nation’s economy, as the country’s budget minister blamed the unrest on the loss of nearly a full percentage point of forecast economic growth next year. According to comments by Budget Minister Mohamed Lamine Doumbouya, the government lowered its growth forecast from 6.7 percent […]

Rio Tinto’s First-Half Aluminium Production at Record Levels

Anglo-Australian mining titan Rio Tinto reported financial results for the first half of 2016 yesterday. The firm credits strong performances in bauxite and aluminium as contributing to their strong performance in the half. “Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop […]

Fluor Wins Guinea Bauxite Expansion Contract

American multinational engineering and construction firm Fluor Corporation announced yesterday that it has been awarded an engineering, procurement and construction management contract for Compagnie des Bauxites de Guinée’s (CBG) Bauxite Production Expansion Project in Kamsar, Guinea. The firm says the contract will be worth US$501 million. The project in question will expand production by four […]