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China Mining News
Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.
After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.
By the end of 2017, Yancoal Australia may become one of the top three coal producers in this country.
Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.
Ore with 62% content in Qingdao fell almost 7% overnight, entering a bear market and erasing all of this year’s gains.
The following animated chart is based on data and projections from the U.N. Population Division, and it shows the evolving population share by region between 1950 and 2100.
The miner said it won't meet its coal export commitments due to the damage caused by cyclone Debbie, which struck Australia’s north-east coast last week.
So far this year, the commodity has risen just 0.6%, quite far from the over 20% gains seen just over a month ago.
Combined worth of $842 billion with 20% gains so far in 2017.
The Stellar Daisy, which set out from the a port in Brazil to China, last made contact on Friday. 22 out of the 24 crew members are still unaccounted for.
Damage to rail lines in cyclone-hit Queensland have disrupted the shipment of between 15 million and 20 million tonnes of coking coal destined to Asia.
With enough iron ore to construct Paris's Eiffel Tower nearly 13,000 times over, China's ports are bursting with stockpiles of the raw material and some of them are demolishing old buildings to create more storage space, trading sources said.
The news follows the end of a historically long 43-day strike at BHP Billiton’s Escondida, the world's biggest copper mine in neighbouring Chile.
Iron ore price down 12% in two weeks – Rio Tinto says Chinese domestic reboot is "main source of uncertainty" for the market.
The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, today announced that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading Hong Kong and Mainland China jewellery retailer.
New report predicts the price of seaborne coal used in power generation to consolidate 2016's sharp gains.
Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining sector consultancy.
The steelmaking ingredient has shed almost $10 a tonne in just a week.
Accidents at two neighbouring gold mines claimed the lives of 11 miners working the pits in Henan province on Friday.
There are three key components to building a mine, starting with a competent, experienced management team.
The most exciting news from a mining exploration stock is a high-grade drilling result.
China’s premier Li Keqiang and Australian PM Malcolm Turnbull sign port and railway deal opening up vast new iron ore resources.
Denver is the global capital of private capital raising for investment in the metals and mining sector.
Prices for the raw material have dropped below $90 a tonne as doubts gather about the strength of demand in China at stockpiles hit record highs.