China

US to miss own emissions targets: report

Cecilia Jamasmie | May 27, 2015
US to miss own emissions targets: report

Necessary tougher measures are likely to meet fierce Republican opposition.

Visual Capitalist

INFOGRAPHIC: Nuclear takes back seat in United States, but drives the bus in China

Visual Capitalist | May 27, 2015
Uranium: China’s chase

The vast majority of nuclear reactors in the US have been steaming along for decades and are approaching their decommissioning date.

Tesla Storage announcement is another piece of the puzzle in renewable energy hybrid markets

THEnergy observes increasing interest in storage solutions from industrial off-grid end-customers and project developers.

No point in top iron ore miners cutting supply: Goldman

Cecilia Jamasmie | May 27, 2015
No point in top iron ore miners cutting supply: Goldman

Goldman expects the iron ore "war of attrition" will continue while prices gradually decline toward its $40 per metric ton forecast by 2017.

China eyes Canadian uranium miners — report

Cecilia Jamasmie | May 26, 2015
China eyes Canadian uranium miners — report

China needs supply for its 22 operating reactors and the other 24 currently are under construction.

China to launch $16bn gold investment fund

Cecilia Jamasmie | May 26, 2015
China to launch $16bn gold investment fund

The entity will be run by a new company to be established by gold producers and financial institutions.

Fortescue shares skyrocket on Chinese investment rumours

Cecilia Jamasmie | May 26, 2015
Fortescue shares skyrocket on Chinese investment rumours

The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.

Cecilia Jamasmie

China’s Zijin inks deals with two Canadian firms on the same day

Cecilia Jamasmie | May 26, 2015
China’s Zijin grabs stake in two Canadian firms on the same day

Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.

Barrick sells 50% in Papua New Guinea unit to China's Zijin

Cecilia Jamasmie | May 26, 2015
Barrick sells 50% in Papua New Guinea unit to China's Zijin

The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.

Zijin Mining, Gold Fields among final bidders for Barrick's Australian gold mine

Cecilia Jamasmie | May 22, 2015
Zijin Mining, Gold Fields among final bidders for Barrick's Australian gold mine

Analysts believe Cowal mine may be worth at least $400 million, and that Barrick would likely get as much as $1.1 billion from the sale of both, the New South Wales' mine and Papua New Guinea’s Porgera.

US coal miner Murray Energy to lay off around 1,800

Cecilia Jamasmie | May 22, 2015
US coal miner Murray Energy to lay off around 1,800

The planned cuts, about 21% of Murray’s workforce, will come largely at mines in Ohio and West Virginia, a state hit hard by recent coal mine closures and layoffs.

Australia ditches iron ore probe after lobby, China-Brazil supply deal

Cecilia Jamasmie | May 21, 2015
Australia ditches iron ore probe after lobby, China-Brazil supply deal

The China-Brazil deal means that in just three years Vale will be producing more than BHP Billiton and Rio Tinto combined.

BHP to pay $25 million in 2008 Beijing Olympics bribery probe

Cecilia Jamasmie | May 20, 2015
BHP to pay $25 million in 2008 Beijing Olympics bribery probe

The U.S. Securities and Exchange Commission concluded BHP did violate a U.S. anti-corruption law by paying for officials and their families to attend the Games.

Australian miners warned not to ignore ties between Latin America, Asia

Field Public Relations | May 20, 2015
australian-miners-warned-not-to-ignore-latin-america-asia

The increasing engagement of Latin America with Asia may potentially be at the expense of Australia’s traditional sense of right to be a major Asian player, expert says.

Iron ore is not in oversupply

Frik Els | May 19, 2015
Iron ore is not in oversupply

Only lower grade fines are oversupplied shows new research report.

Peruvian discovery may hold ‘hidden pool’ of rare earths

Cecilia Jamasmie | May 19, 2015
Peruvian discovery may hold ‘hidden pool’ of rare earths

Capacscaya also has significant amounts of copper, zinc, cobalt, aluminum and iron ore.

Will China finally announce its gold holdings?

SmarterAnalyst | May 19, 2015

China is not trying to destroy the old boys’ club — they are trying to join it

BHP chief says inquiry into Aussie iron ore market a ‘ridiculous waste’

Cecilia Jamasmie | May 19, 2015
BHP chief says inquiry into Aussie iron ore market a ‘ridiculous waste’

Andrew Mackenzie also warned the proposed would damage the Australia’s economy and shift investment to main foreign competitor Brazil.

China Gold cranks gold, copper production in Q1

Andrew Topf | May 17, 2015
Huge $16 billion gold deposit discovered in China

A doubling of mill processing capacity at the CSH Gold Mine in Inner Mongolia is credited for a 51 percent increase in gold production at China Gold International Resources Corp. (TSX:CGG) in the first quarter.

Australia’s Prime Minister Abbott backs iron ore probe into BHP, Rio

Cecilia Jamasmie | May 15, 2015
Australia’s Prime Minister Abbott backs iron ore probe into BHP, Rio

Inquiry comes amid claims the mining giants are driving prices down, severely damaging the country's economy .

Platinum price to remain under pressure – report

Thomson Reuters | May 14, 2015
cw velvet bag of spilling out old jewelry - 333

Thomson Reuters today released “GFMS Platinum & Palladium Survey 2015”, looking at the shifts and developments in the global Platinum Group Metal markets, their fundamentals and their drivers, over the past year and setting the scene for future.

Copper prices struggle on demand fears

SNL Energy | May 14, 2015
copper feat fin

Demand fears continue to restrict the extent of upside moves, whilst supply disruptions at the mine level have more recently provided a floor to prices following the early-year sell-off.

Global gold demand drops 1% in Q1, but investments jump — report

Cecilia Jamasmie | May 13, 2015
Global gold demand drops 1% in Q1, but investments jump — report

Once again Asia drove demand, with China and India alone accounting for 54% of the total.

Glencore CEO says rivals pushing mining sector into confidence crisis

Cecilia Jamasmie | May 12, 2015
Glencore CEO says rivals pushing mining sector into confidence crisis

Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.

This is how BHP plans to be the world’s lowest-cost iron ore miner

Cecilia Jamasmie | May 12, 2015
This is how BHP plans to be the world’s lowest-cost iron ore miner

CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.

Spot uranium price ignores fundamentals

Irina Dorokhova - Kursiv | May 12, 2015
Uranium: China’s chase

The main reason for price correction may not be the growing demand but the producers’ inability to meet the consumers’ price expectations.

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