China Mining News

Coking coal price close to $300 a tonne on Australian disruptions

Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.

Iron ore miners shares drop as prices collapse

Ore with 62% content in Qingdao fell almost 7% overnight, entering a bear market and erasing all of this year’s gains.

INFOGRAPHIC: Animation – The world's population in 2100 by region

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.

Cyclone damage causes BHP to declare force majeure in Australia

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.

Iron ore drops below $80 a tonne again

So far this year, the commodity has risen just 0.6%, quite far from the over 20% gains seen just over a month ago.

Top 50 biggest mining companies

Combined worth of $842 billion with 20% gains so far in 2017.

Search for ship containing 260,000 tonnes of iron ore continues

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.

Cyclone Debbie disrupts $3.2bn of Australian coal exports

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.

Ports in China have enough iron ore to build 13,000 Eiffel Towers

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.

Freeport’s Cerro Verde copper mine resumes normal operations

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 under pressure from Chinese mine restarts

Iron ore price down 12% in two weeks – Rio Tinto says Chinese domestic reboot is "main source of uncertainty" for the market.

IIDGR establishes polished diamond grading partnership with Lukfook Jewellery

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.

Thermal coal price rally to hold

New report predicts the price of seaborne coal used in power generation to consolidate 2016's sharp gains.

Miners to spend $21 billion on exploration by 2025

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.

Iron ore hits lowest price since early February

The steelmaking ingredient has shed almost $10 a tonne in just a week.

11 Chinese miners die in neighbouring gold mine accidents

Accidents at two neighbouring gold mines claimed the lives of 11 miners working the pits in Henan province on Friday.

How to build a mine

There are three key components to building a mine, starting with a competent, experienced management team.

Making the grade: understanding exploration results

The most exciting news from a mining exploration stock is a high-grade drilling result.

Iron ore price: Beijing bets $5B on stranded Pilbara deposits

China’s premier Li Keqiang and Australian PM Malcolm Turnbull sign port and railway deal opening up vast new iron ore resources.

The 5 biggest private funds investing in mining

Denver is the global capital of private capital raising for investment in the metals and mining sector.

Iron ore miners worst nightmare just came true — prices tank

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.

NEW REPORT: Global coal plant development freefall sparks renewed hope on climate goals

Work frozen at over 100 projects In China And India; 62 percent decline in global construction starts

$5.5 billion private capital ready to invest in mining

"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.

Workers at Freeport’s Cerro Verde copper mine to go on indefinite strike

Around 1,300 unionized miners plan to start an indefinite stoppage at Peru's largest copper mine beginning March 24.

China bulls kick iron ore price back above $90

Rapid growth for Chinese industrial output and fixed investment push steel to highest since 2014 – iron ore price spikes 4.2%