Noranda bauxite

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

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 […]

Noranda Bauxite, Noranda Alumina Names Executive Team

DADA Holdings LLC announced the executive leadership team of Noranda Bauxite and Noranda Alumina, the companies that operate bauxite mining and alumina refining plants in Jamaica. The press release published on Tuesday indicated that David D’Addario had been named Chairman and CEO of both New Day Aluminium and DADA Holdings, Thomas Robb was named Chief […]

New Day Aluminum Acquires Noranda’s Upstream Assets for US$24.43 MM

Noranda Aluminum’s remaining upstream assets are now the property of New Day Aluminum after having submitted the winning bid at the court-sanctioned bankruptcy auction on Tuesday. Court filings indicate that their bid bested the offer submitted by ARG International AG. New Day was the designated stalking-horse bidder at auction, beating out ARG, which is the […]