Jamaica Noranda

Government Committed To Environmental Protection: Jamaica PM Holness

Government Committed To Environmental Protection: Jamaica PM Holness

Jamaican Prime Minister Andrew Holness challenged notions put forth by expatriates in recent days regarding bauxite mining and the government’s commitment to environmental protection. Holness spoke to a New York radio program on Thursday in a break from his attendance at a...

Events

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 […]

Noranda Lands Long-Term Bauxite Contract with Concorde Resources

Noranda Aluminium Holding Corporation’s successor announced late last week an agreement to market and sell bauxite from its plants in Jamaica and Louisiana to London’s Concorde Resources. DADA Holdings LLC made the announcement on Friday, explaining that the agreement would have Concorde Resources market bauxite mined at St. Ann in Jamaica to potential third-party buyers […]

Bauxite Levy In Place for Upcoming Fiscal Year: Ministry of Finance

Jamaica’s Ministry of Finance laid to rest concerns regarding the government’s bauxite levy last week when it addressed Auditor General Pamela Monroe Ellis’s concerns regarding the levy’s status in the upcoming fiscal year. Ellis raised the question after the Fiscal Policy Paper for 2017-18 described a change in the structure from the current levy to […]

Bauxite Levy Alive and Well: Jamaica Mining Minister

Jamaica’s Transport and Mining Minister Mike Henry reaffirmed the existence of the government’s bauxite levy when speaking with a legislative committee last week. Henry explained to the Standing Finance Committee of Jamaica’s House of Representatives that the bauxite levy is still in place. He estimated that the levy of US$1.50 per metric ton plus a […]