First Bauxite sets a new strategy for projects in Guyana

By Antonio Torrisi
Published: Wednesday, 10 December 2014

Following the completion of a strategic review for the bankable feasibility study of its Bonasika bauxite project in Guyana, the company decided to shift to market and production diversification, which it believes will lower technological and costs and to make the project globally competitive.

TSX-V listed junior First Bauxite Corp. has changed its strategy to ensure the competitiveness of its Bonasika refractory-grade bauxite project in Guyana.

Following the completion of the strategic review, the company decided to develop a flexible project concept to overcome potential risks associated with the bankable feasibility study (BFS) and the pre-feasibility study...

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