China Mining News

Chinese steel futures extend gains, track spot prices

The most active rebar on the Shanghai Futures Exchange climbed 2.6 percent a tonne by the close, posting its biggest daily gain in more than two months.

Barrick and Shandong join forces at Minera Andina del Sol

A new joint venture has been born.

Ships in a bottleneck: China, Australia ports clogged as coal, iron ore demand soars

With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates jumped to highest in more than three years.

Value of top 50 mining companies surge $140 billion in 2017

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

20% increase in rough diamond revenue despite waning consumer demand

While long-term diamond demand may be slowing, this year rough-diamond prices experienced positive turn-around and prices of polished diamonds stabilized.

Miners big and small bank on China's hunger for high-grade iron ore

China's aggressive campaign to clean its skies by clamping down on polluting steel mills has fuelled a need for high-grade iron ore.

NextView to acquire Lithium X Energy Corp.

Chinese investment firm NextView has agreed to acquire all of the issued and outstanding common shares and warrants of Canadian Lithium X.

Dalian iron ore, coking coal extend gains even as steel retreats

Iron ore futures in China rose for a second session on Tuesday, supported by demand from steel producers for high-grade raw material to boost productivity.

China's copper, zinc output jumps to 3-year high on stronger prices

Domestic iron ore mines are also humming.

Iron ore, coking coal prices are soaring

Iron ore price jumps 5.2%, coking coal rises to levels last seen during cyclone Debbie as Chinese mills restock.

Top mining stock becomes 2017's worst loser on China steel shift

Australian iron ore producer is only stock on the nation’s blue-chip resources index to hand investors a loss in 2017, tumbling from its previous top status.

Satellites are reshaping how traders track earthly commodities

Companies like Ursa Space Systems Inc. are using satellites to try to shed light on tightly held secrets in the commodity trading world.

2018 global diamond industry primer

2017 has been a year of excess inventory shifting from the upstream segment of the diamond industry to the mid-stream segment.

Copper jumps to 3-week high

Benchmark copper on the LME settled up 1.4% to US$6,886 a tonne.

Coal into bitcoin? Dirty secret of 2017's hottest market

Creation of digital bitcoins by computer networks has real-world consequences in form of massive energy use, including fuels that cause most pollution.

Bacanora Minerals Ltd strategic cornerstone investor & offtake agreement

NextView Capital agreed to acquire a 19.89% equity interest in Bacanora via placement of 32,976,635 common shares in the Company at 94.53 $1.26 per share.

China's Nov commodity imports confirm trends; copper the outlier: Russell

In past three months, China’s commodity imports were extremely strong in Sept, unbelievably weak in Oct, now roaring back to strength in Nov.

Want to make money in industrial metals next year? Ask China how

Base metals were hot this year with zinc, copper and aluminum among leaders, climbing between 15% and 23%. What about 2018? Analysts say China will know.

China's Nanjing Hanrui can't be sure its cobalt did not involve child labour

Concerns about the sourcing of Yantai’s metal have reduced interest in the LME’s cobalt contract, trading sources said.

Electronic waste at new high, squandering gold, other metals-study

Raw materials in 2016 scrap worth an estimated $64.61 billion, including metals such as gold, silver, copper, platinum and palladium, U.N.-backed study said.

World Bank to stop funding oil and gas projects

The institution will stop all lending for oil and gas projects after 2019, with some exceptions.

World's biggest floating solar power plant starts operating atop former coal mine

China Three Gorges says this would be not only the largest but also the "most intelligent solar power project with the most advanced technology in the world."

Chinese steel rebounds as output curbs deepen, iron ore dips

Chinese steel futures bounced back Monday after three-day drop as output cuts in world's top producer deepened with China's anti-pollution campaign.

Iron ore, copper prices recover after record Chinese imports

November copper concentrate shipments to China hits all-time monthly high – annual iron ore imports set to easily surpass 2016's record 1 billion tonnes.

China's Tongling Nonferrous cuts copper output by 20-30 pct

One of China's top copper smelters has reduced production by 20-30 percent to comply with winter output restrictions, a company official said on Thursday.