The outcome of negotiations in Algeria this week may not do much to rescue oil prices.
China Mining News
Prices above $200 a tonne are suddenly making companies that mine the steel-making commodity unattractive.
A gas explosion ripped through the colliery in the northern Ningxia Hui Autonomous Region.
It appears that China is interpreting the "people's well-being" as meaning North Korea should be able to export record amounts of coal in defiance of sanctions against the rogue nuclear-armed state.
Coking coal/iron ore ratio at 16-year low.
Cranking up production is actually the opposite of what Beijing wants to do for Chinese coal.
A large lead and zinc deposit, allegedly China's largest, has been discovered in northwest China's Xinjiang Uygur Autonomous Region, local authorities announced on Sunday.
"Some producers need to move material for cash flow purposes and we have seen some pretty aggressive selling in the past few weeks."
Asia-Pacific, Africa top tables with revenues of $20 billion and $16 billon annually.
In situ gold reported by explorers and mining companies active on the continent.
ITRI’s twelfth annual survey of tin users gathered data from tin users worldwide between June and August 2016.
Prices for the steel-making ingredient are down by 9.8% over a month ago and most of the massive projects expected to come on stream this year are not producing at full steam yet.
The world’s second largest miner says is now rather “cautiously optimistic” in relation to what China's effect on commodity prices has in store.
The 2016 Tender, named the “Chroma Collection” because of its potency of colour, comprises 57 pink diamonds, two violet diamonds and four red diamonds and weighs a total of 58.24 carats.
"China’s steel use will also reflect its maturing economic structure and consumerization."
The commodity added $14.80 per tonne on Tuesday alone. Its trading now at almost $200 per tonne.
Parabolic rise to hit $180 a tonne on Friday prompts talk of a bubble in steelmaking coal market.
Under the new plan, Chinese miners will cut or boost output to keep coal prices within a desired range.
Will China’s 95% control of the global rare earths market remain unchallenged?
Erdenes Tavan Tolgoi (ETT), the state-owned company that holds the license to the deposit, has already begun evaluating bids and calculating the potential economic benefits of restarting it.
New study forecasts global thermal coal trade to shrink by 373 million tonnes per year, leading to minimum 30% fall in coal prices post 2020.
August shipments third best month on record as price slips to six-week low and BHP warns of new supply pushing prices down further.
For the first eight months copper concentrate imports are up 35% at nearly 11 million tonnes.
"A firm that systematically makes negative NPV investments will run itself aground."
The move marks the Vancouver-based miner exit from China.