Australian Bauxite and its operations contractor, Stornoway, have made arrangements to restart the Bald Hill Bauxite Project at Campbell Town, Northern Tasmania on 8 August 2016 t o continue with routine rehabilitation and t o commence assembling the next 3 bauxite lots for sale, including a large ship load, planned for shipping in late Spring. Site inspections completed during June and July have confirmed that the site [...]
Australian Bauxite Quarterly report & activities statement dated 24 July 2016 for 3 months to 30 June 2016. PRINCIPAL POINTS Corporate - Current group available cash plus R&D incentive due is in the order of $2.9 million - Annual general meeting held, all resolutions passed - Approval given by shareholders to issue 662,423 shares to the directors in lieu of cash consideration for their services - ABx welcomes 100 [...]
Australian Bauxite is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's maiden shipment of 5,557 tonnes occurred on 28 April and a second sale of 5,000 tonnes was announced on 31 May. ABx is pleased to announce it has concluded a large new sale contract for 35,000 tonnes of bauxite from ABx's Bald Hill mine - the first new bauxite [...]
Australian Bauxite maiden shipment of 5,557 tonnes of cement-grade bauxite has been loaded overnight and the ship has left Bell Bay Port in northern Tasmania, thus concluding the first sale of bauxite from ABx's Bald Hill mine - the first new bauxite project in Australia for more than 35 years. The customer is seeking a second, larger shipment of 30,000 to 40,000 tonnes once the large stockpile warehouse in the receiving [...]
Australian Bauxite has started its first bauxite mine in Tasmania and holds the core of the Eastern Australian Bauxite Province. ABx's 37 bauxite tenements in Queensland, New South Wales & Tasmania exceed 5,000 km2 and were rigorously selected for (1) good quality bauxite; (2) near infrastructure connected to export ports; & (3) free of socio-environmental constraints. All tenements are 100% owned, unencumbered & free of [...]
Australian bauxite explorer, Australian Bauxite, has been granted its first mining lease, ML1961 at its Bald Hill Project in Northern Tasmania. Bald Hill is located 60 kms southwest of Launceston. The Company's CEO, Ian Levy, said granting of the mining lease comes after 5 years of exploration along Australia's eastern seaboard. Tasmania provides an ideal environment to host the Company's first mine - good quality [...]
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