Bullion Monarch acquires bauxite property in Brazil

After postponing due to flooding, the Brazilian government auctioned operational leases for five ports, combining upfront payments and investment pledges.

Southern Brazil’s heavy flooding disrupts grain shipments, damages storage, threatens exports and impacts agriculture and the economy.

The new terminal will feature 21 pieces of advanced equipment designed to minimize consumption and emissions of polluting gases.

After months of talks, Canyon Resources and the government of Cameroon have reached an agreement to developing the Minim Martap bauxite project paving the way for rail transport to begin.

Anglo American achieved a 7% increase in total production on a copper equivalent basis in Q4 2018, excluding the effect of the stoppage at Minas-Rio.

The first train has taken bauxite from the new UAE-owned Guinea Alumina Corporation (GAC) mine in Guinea to the established mining port
of Kamsar.