FIRST BAUXITE OPENS BONASIKA BAUXITE PROJECT | First Bauxite LLC and its subsidiary Guyana Industrial Mineral Inc. (GINMIN), officially opened its Guyana operations on Thursday, becoming the third large-scale bauxite mining operation in the country. | Department of Public Information
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The Bonasika Bauxite Project was officially opened along the Demerara River on Thursday. US Bauxite Company, First Bauxite (FBX) and its subsidiary Guyana Industrial Minerals (GINMIN) have invested over US$100M in the development of the area to mine bauxite. The bauxite found in that area is one of the highest quality in the world and the mines have a lifeline of 15 years. So far, 95 Guyanese has been employed permanently while 240 persons are expected to be hired as the production expands. | Ne
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