The Ministry of Transport and Mining will spearhead work on several of the Government’s priority projects during the 2016/17 parliamentary year. Notable among these are: the privatisation of the Norman Manley International Airport in Kingston; passage of the new Road Traffic and Road Safety Acts; establishment of a National Minerals Institute; and finalising development of the proposed National Minerals Policy....

The Development Bank of Jamaica (DBJ) is reminding entrepreneurs in the mining industry that they can access funding through the bank’s credit facility for small and medium-sized enterprises (SMEs). Account Executive at DBJ, Mark McKenzie, informed that through its network of approved financial institutions (AFIs), the DBJ guarantees loans of up to 80 per cent for entities, up to a...

Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, foresees an inevitable cessation in the export of bauxite, noting that there are more long- term benefits in having it processed here in Jamaica. Addressing stakeholders, delegates and leaders of trade unions representing workers at the St. Ann-based Noranda Bauxite Limited (NBL), at the Cardiff Hotel and Spa, on January...

The Government of Jamaica welcomes the decision of the Arbitration Tribunal with respect to the dispute between Noranda Bauxite Company Limited and the Government of Jamaica. The matter relates to a challenge by Noranda to the government’s decision not to extend a concession granted in 2009 under the Bauxite Levy Act and the company’s justification not to pay the full...

Students and members of the public will have a chance to view the Mines and Geology Division’s (MGD) inventory of precious stones, rocks and minerals from around the world during Science and Technology Month in November. The period of celebration is being observed under the theme: ‘Science, Technology and Innovation: The Game Changer for Growth and Development’. On November 12,...

The House of Representatives, on Tuesday, October 20, approved the withdrawal of $406.5 million from the Capital Development Fund (CDF) to finance the bauxite development programmes. Minister of Finance and Planning, Dr. the Hon. Peter Phillips, informed that $200 million will go to the Jamaica Bauxite Institute (JBI) to deal with pollution control, red mud disposal and water treatment. The...

Twenty-five  Jamaican students will be the recipients of full scholarships to study in Russia next year,  to be awarded by Russian alumina company, UC Rusal, owners of Alpart, in Nain, St. Elizabeth. The announcement was made on September 7, by Country Manager for UC Rusal in Jamaica, Igor Dorofeev, at the official opening of the Rusal Alpart Jamaica Bauxite export...