Coal prices in Shenmu and Fugu have increased by RMB10-50/t since the accident.
China Mining News
The global share of zero-carbon electricity generation is set to increase from 38 percent last year to 63 percent by 2040.
Last week it was reported that the Chinese government published new guidelines designed to eliminate illegal mining and encourage more high-end processing.
Several new Australian lithium mines started production in the past year, with global demand expected to surge on take-up of electric vehicles.
Annual imports of unwrought copper were buoyed by China's crackdown on scrap copper in 2018, part of its efforts to combat pollution.
The fall in iron ore purchases for 2018 came as a 70 percent plunge in profit margins since late October cut the incentive for steelmakers to ramp up output and restock raw materials.
The accident is the deadliest reported so far this year in China's coal industry, known for its poor safety record.
While the general Chinese sentiment is very bullish on the gold price, in India retail buying is weak due to Khar Mass and higher prices.
Miao Wei, minister of industry and information technology, said the capacity expansion ban would also apply to the cement and flat-glass industries.
China plans to introduce policies to boost domestic spending on items such as automobiles and home appliances this year.
The London Metal Exchange index slumped to a one-and-a-half year low of 2730.1 on Jan. 3.
Even if a trade agreement is reached soon, analysts say it would be no panacea for China's economy, which is expected to continue decelerating in coming months.
"It’s a bullish sign for gold"
But over the long term, the global copper deficit is expected to shrink, and the market will shift to oversupply.
Chinese steel futures rose on Friday buoyed by expectations that steel mills would replenish their stocks of the raw material.
China launched the crackdown on the rare earth sector in 2009, with authorities claiming that illegal activities drove down global prices and made it impossible to cover the huge environmental costs of production.
With metals ringing off the new year on a weak note, both price- and demand-wise, BMO Metals says the main questions for 2019 revolve around China and whether its government is doing enough to slow the country's economic contraction.
We probably have more rare earth deposits in Canada, or controlled by Canadian-listed juniors, than anywhere in the world.
Traditionally used for steel production, the world is waking up to vanadium for clean energy solutions as pressure mounts to address climate change.
Barrick now trades as GOLD in New York and continues as ABX in Toronto.
The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.
China’s No.1 gold miner aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.
Raw materials have lost ground amid a flurry of signs the pace of expansion will slow next year.
Gold is closing out 2018 with a flourish.
The price of palladium has more then doubled in the past three years.