The move threatens to jolt China's exports of aluminium, which have been booming in recent months. Mexico "is a big market" for Chinese aluminium foil.
Asia Mining News
Over the past six months, platinum’s price has continued its multi-year decline, falling below $800 – close to its lowest level in a decade.
South Korea, Brazil and Argentina will benefit from the measure.
"It is not just China."
Contracts to export over 140,000 tonnes of alumina from China were signed in July amid a favourable price arbitrage.
The Nanchang-based company said its first-half net income came in at 1.28 billion yuan ($186.21 million), versus 830.2 million yuan a year earlier.
Junior continues to pursue $800-million acquisition of Centerra Gold's Kumtor mine in Kyrgyzstan.
Shanghai rebar steel futures dropped nearly 1 per cent.
Baoshan reported a 62.2 percent surge on first-half net profit on firm steel prices, but warned about the risks of trade protectionism in the second half.
The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.
China Petroleum & Chemical Corp. said its half-year earnings jumped to the highest level on record as refining profits climbed.
A former Singapore civil servant recounts how he’s lost almost $36,600 in the implosion of Noble Group Ltd.
Demand for physical gold was modest in India this week as the top bullion consuming state of Kerala coped with floods, while interest for the metal remained lacklustre elsewhere in Asia as buyers awaited a dip in prices.
The global market for surface mining trucks is expected to grow steadily to 2020, primarily driven by the growing demand from mining companies operating across the Asia-Pacific (APAC) region.
Extension of the deadline, the fifth one so far this year, seeks reaching final agreement that would end long-running dispute over the country’s largest gold mine.
Advancing a nickel-copper-PGE sulphide deposits and gold in Western Australia.
Help from Latin America and Southeast Asia.
India's coal imports appear headed for another strong month in August, raising the question as to why the usually cost-sensitive market hasn't scaled back purchases given a surge in prices to the highest in nearly seven years.
As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.
Physical gold demand in India regained momentum this week as jewellers stocked up after prices dipped to their lowest in over seven months.
Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.
The copper miner said it would pay a dividend of 6 cents per share, the first since 2012, when it began ramping up its two mines in Kazakhstan.
Japanese utilities and global mining giant Glencore have settled an Australian thermal coal import contract for April 2018-March 2019 at $110 a tonne.
A mine explosion in Pakistan's southwestern city of Quetta killed at least seven coal miners, a mining official said on Monday, with authorities expecting the death toll could rise.
Trump's move sendsReut Turkey's lira currency deeper into tailspin