The numbers for silver demand are starting to make some market-watchers nervous.
China Mining News
While Beijing has already implemented a quota system for rare earths, the country is set to launch an industry association that will monitor exports and ensure a rare earth reserve system.
ICL says a new potash contract further strengthens the Israeli company's presence in the growing Chinese market.
Robin Griffiths, Cazenove Capital Management's well-regarded private wealth strategist, speaks to King World News on the demise of the long bull-run in the bond market, the direction of gold, M&A in the gold mining sector and the gold/silver ratio — what it means for the price of silver.
The mainstream press loves to talk about emerging market demand as a cause of inflation, rising prices and the bull market in commodities.
Japan is keen to invest "billions of dollars" in minerals and infrastructure in Africa, trying to catch up to regional rival China for influence on the continent, a Japanese trade official said on Tuesday.
Silvercorp Metals Inc. reported that net income was up 140% to $29.7 million or 18 cents a share. The company released its third quarter results for the period ending December 31, 2010. According to the […]
With China out of the picture for the Lunar New Year holiday, spot iron ore prices show minimal variation.
Moly Mines receives $250 million of help from China Development Bank to develop molybdenum/copper mine
Moly Mines Ltd. announced on Sunday that it received a commitment letter from the China Development Bank for US$250 million to be used for the development of a molybdenum/copper mine. CEO of Moly Mines, Dr. […]
China, the world's largest gold producer each year since 2007, has further increased domestic gold production in 2010 with an 8.57% rise over the previous year's output.
New A-shares issue to be limited to maximum of 10 investors. Proceeds of share issue to fund Xing Xian alumina project.
A strange start to the year and a strange end to a volatile week, so we take a whiz across the air waves in order to get a ‘feel’ of whats going on, so this will be a mixed bag of data.
The bull market for commodities that made 2010 a banner year for mining and mining exploration is likely to continue throughout 2011, according to three panelists who addressed the question at a recent forum in Vancouver, Canada.
The spot price of copper jumped to $4.40 on December 31, exceeding previous highs set daily over the past week. Today we discuss copper’s meteoric price rise during the past five months, dissect current supply […]
There are more than a few explorations companies drilling holes in the Philippines these days, all with the quiet hope that the country soon finds favour with serious resource investors in the much the same way that Ventana Gold and others became overnight rock stars, if you will, with their projects in Colombia.
The global uranium market is dominated by just 10 players – companies that account for 60% of the world’s production of yellow cake. While Canada’s Athabasca Basin remains the hotspot for the highest-graded uranium coming out of the ground, other countries are pushing hard to ramp up their own uranium markets, such as Kazakhstan, Tanzania and Namibia, which is about to finalize its first nuclear policy by the middle of the year.
The U.S. decision last month to launch a Renewable Energy and Energy Efficiency Export initiative should turn out to be yet another boon for lithium producers, who are or will be trying to sell into a growing lithium ion battery market for technological and electric car uses.
The global tin market is generally driven by producers in Indonesia, China and Peru. The production of the silverly, malleable metal – used for things like steel-plating – has been in decline in these markets, in part because poor weather has challenged operating conditions and undermined transport.
Zinc and cobalt often fall into that esoteric metals category called byproduct, meaning they are generally an afterthought for miners who are keen at getting at, say, nickel or copper deposits. Still, both metals are being increasingly targeted for their use in growing markets, such as rechargeable batteries for electric cars.
The iron ore market will never be as a sexy as its gold and silver counterparts; it’s much more about hard hats and dirty Dodge RAM 3500 trucks – you know, the ones that can pull big fishing boats up mountainsides, something I did just this past weekend.
The steel-gray metal – one known for its high melting point, which makes it ideal for use as a filament, superalloy or in military applications – is making a resurgence as market machinations in China restrict exports and western miners scramble to meet demand.
At the Ying Mine in China, Silvercorp Metals reported on Monday the results of a underground diamond drilling program that showed high grade silver, lead and zinc.
Does it make a difference if a Central Bank buys local production or on the international market?
Jittery investors sold in earnest this week on speculation that China is going on some kind of austerity kick, destined no doubt to wreak havoc on the civilized world.
Chinese officials say the country will continue with rare earth exports and are still pondering 2011 rare earth export quotas, but promise a timely decision.