China Mining News

Iron ore price leaps again

Despite new report predicting zero steel demand growth in top consumer China.

Copper price soars to highest since February 2014

Strength of Chinese economy continues to surprise as country's leaders gather to set out economic goals.

China urges utilities to sign supply deals with coal miners as soon as possible

These encouragements by China’s state planner aim to secure enough supplies for this winter as coal power plants ramp up inventory for peak demand season.

Global steel demand growth to slow in 2018, worldsteel says

After strong growth in 2017 driven by demand from top consumer China, global steel demand growth is expected to slow to 1.6 percent next year.

China can solve wasted renewable energy problem by 2020

As Beijing seeks to boost use of more renewable energy and cut coal dependence, NEA recommends that more small-scale wind projects be built closer to users.

Philippines' Duterte lifts suspension on gold miner Lepanto

Lepanto was among more than two dozen companies ordered halted by a sacked minister who led an environmental crackdown.

India's gold prices swing to premium ahead of Diwali festival

Local gold prices were trading around 29,760 rupees per 10 grams on Friday, up nearly a percent from last week.

Zinc price spike sparks flurry of miner listings

The metal has doubled in prices since late 2015 and investor demands are rising for this "hot commodity."

Iron ore price soars as Chinese imports reach record high

Monthly cargoes top 100 million tonnes for the first time ever.

The electric car blindsides the automakers

An examination of the lithium market and the one company that Ron Struthers (of Struther's Resource Stock Report) believes is in the right place.

Prairie Mining says near deal with Chinese banks to fund Polish mine

Upfront capital costs for the development of the Jan Karski mine totals $630 million with Chinese lenders expected to financing 85 percent of it.

Rio Tinto's $2 billion coal assets attract investor consortium: sources

Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.

More good news for lead price as market tightens further

Chinese smelters' treatment and refining charges for imported lead concentrate slide to $20–$30 per tonne, more than $100 below last year's peak.

China's top coke producer to curb output in pollution war

Shanxi Coking will trim around 900,000 tonnes of coke and 360,000 tonnes of chemicals from production during the coming winter months.

Iron ore dangerously close to $60 a tonne

Ongoing concerns that looming steel production cuts in China on environmental grounds will sap steel mill demand continue to weigh on prices.

Chinese companies to build 700 coal plants in and outside China

Of all the new coal generation expected to go online over the next decade, Chinese companies will build nearly half of it.

Russia takes advantage of China's North Korea coal ban

As North Korean imports of anthracite coal have waned with sanctions, those from Russia have soared.

Electric cars prompt consultants CRU to explore cobalt sulphate index

Any cobalt sulphate prices published by CRU would be based on traded prices in China, a cobalt industry source said.

Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.

In the heart of China's coal country, a city bans most coal

The ban took effect from Sunday and restricts most companies and individuals from selling, transporting or burning coal in the urban area of Taiyuan.

Vanadium: the energy storage metal

Vanadium redox flow batteries (VRFBs) are fairly unique in the battery world.

DGCX opens Shanghai Gold Futures

The Dubai Gold and Commodities Exchange is entering as a global player in precious metals with its Shanghai Gold Futures contract (DSGC).

Australia's Port Hedland China iron ore exports up 2.8 pct in Sept — port

Overall, September iron ore shipments from the world's biggest export terminal for the steelmaking raw material increased to 43.4 million tonnes from 42.8 million in August.

Philippines confirms environment minister who supports open pit mining ban

Roy Cimatu, who replaced ousted ecologist Regina Lopez in May, has said he would review evidence brought forward by mining companies and communities before deciding whether to keep, modify, or reverse his predecessor's measures.

This could be a no-brainer gold buying opportunity

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