ACCRA (Reuters) -Ghana has cancelled a $1.2 billion bauxite lease with local firm Rocksure International, seeking a partnership instead with a big overseas company to tap one of West Africa’s richest ...

This move indicates a strategic shift for the country, which is looking to tap into its estimated 900mt of bauxite reserves.

The Ministry of Lands and Natural Resources (MLNR) has strongly denied claims that the government cancelled a $1.2 billion ...

In May 2025, Guinea’s transitional president, Mamadi Doumbouya, announced that a set of mining licences had been revoked for ...

The Ministry of Lands and Natural Resources has dismissed reports alleging the cancellation of a $1.2 billion bauxite lease awarded to Rocksure International in favour of foreign partners, calling the ...

The Government of Ghana has cancelled a $1.2 billion bauxite lease with local firm Rocksure International and is now seeking ...

Genco Shipping boasts a nearly net cash balance sheet and disciplined fleet management. Click here to read why GNK stock is a ...

We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected ...

Mining giant and major charterer Rio Tinto expects to meet its production targets for iron ore and bauxite this year, despite ...

“Bauxite has been a success story over the last few years. In 2023, the production of bauxite was at 523,732 tonnes,” Minister of Natural Resources Vickram Bharrat said during his ministry’s ...

Hamdallaye, about 30 kilometers northeast of Boké, the capital of Guinea’s bauxite belt, is almost encircled by mines and roads belonging to La Compagnie des Bauxites de Guinée (CBG), one of ...