This deal would help entrench China's position as a serious competitor in global steel markets.
China Mining News
China's top copper smelters have set their floor treatment and refining charges (TC/RCs) for the fourth quarter at $90 per tonne and 9 cents per pound.
Belgian zinc producer Nyrstar issued a profit warning last week, citing "adverse market conditions".
The new Barrick, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be the world's top bullion producer by both value and output.
Almost 18,000 lots traded in debut day, equal to 90,000 tonnes of metal.
Six months into the U.S. tariffs on imported aluminum and steel, Caterpillar Inc is finding that one of the best ways it can protect profits is a cost cutting strategy that is more than two years old.
Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.
The Shanghai Futures Exchange (ShFE) will launch copper options trading on Friday, aiming to take a slice of a $270 billion global market.
Subway expansion plans require 80 million tonnes of steel, a need which arises as Beijing looks to boost economy amid trade war with U.S.
Nickel has finally succumbed to the base metals price rout.
Rising U.S - China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion.
The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.
The Canadian miner may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations.
Nickel, which recently hit its lowest since December, could climb as high as $16,000 a tonne by the end of 2018 and $18,000 a year later.
What has historically been a highly efficient part of the aluminium production chain is experiencing an unprecedented degree of turmoil this year.
Iron ore shipments to China from the world's biggest iron ore port totalled 35.5 million tonnes in August, up from July's 32.4 million tonnes.
Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.
Foreign purchases fell just 1.1 percent in August to the equivalent of 925,161 metric tons a day, compared with 935,806 the previous month.
The court is scheduled to hear the details of the settlement agreement on Sept. 13, and is slated to make a decision on the case by Oct. 4, the FNE said in a statement.
In India, the world's second-biggest consumer of the metal after China, gold futures rose to 30,700 rupees per 10 grams on Thursday, a peak since July 9.
Qinghai, which involved investment of 2.4-2.5 billion yuan, is undergoing test production and output will ramp up gradually after commercial launch.
Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices.
As part of its plans to expand into that market, Alrosa will hold its first “True Colour” auction of coloured polished diamonds, during the Hong Kong Gem & Jewellery Fair taking place this month.
The city of Binzhou is planning five new projects to support development of a high-end aluminium industry, according to a local government document.
Contracts held by investors in China's iron ore futures have fallen to the lowest in more than three years.