China Mining News

China steel prices rise on consumption boost plans, trade talk hopes

China plans to introduce policies to boost domestic spending on items such as automobiles and home appliances this year.

A cold blast from China chills industrial metals markets: Andy Home

The London Metal Exchange index slumped to a one-and-a-half year low of 2730.1 on Jan. 3.

China's FX reserves fall in 2018 as slowing economy, trade war weigh

 Even if a trade agreement is reached soon, analysts say it would be no panacea for China's economy, which is expected to continue decelerating in coming months.

China adds to gold reserves for first time since October 2016

"It’s a bullish sign for gold"

Global copper market under supplied, demand on the rise — report

But over the long term, the global copper deficit is expected to shrink, and the market will shift to oversupply.

China iron ore futures hit over 2-month peak on restocking hopes

Chinese steel futures rose on Friday buoyed by expectations that steel mills would replenish their stocks of the raw material.

China to step up crackdown on rare earth sector: ministry

China launched the crackdown on the rare earth sector in 2009, with authorities claiming that illegal activities drove down global prices and made it impossible to cover the huge environmental costs of production.

China slowdown a big threat to industrial metals in 2019 — analyst

With metals ringing off the new year on a weak note, both price- and demand-wise, BMO Metals says the main questions for 2019 revolve around China and whether its government is doing enough to slow the country's economic contraction.

Defense Metals now controls Wicheeda Lake rare earth deposit

We probably have more rare earth deposits in Canada, or controlled by Canadian-listed juniors, than anywhere in the world.

A bull market storm brewing for vanadium

Traditionally used for steel production, the world is waking up to vanadium for clean energy solutions as pressure mounts to address climate change.

New era for Barrick Gold begins

Barrick now trades as GOLD in New York and continues as ABX in Toronto.

Blackwater founder launches fund to invest in electric car battery metals

The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.

China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

China’s No.1 gold miner aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.

Commodities cap another dismal year as '19 offers tough test

Raw materials have lost ground amid a flurry of signs the pace of expansion will slow next year.

With turmoil rampant, gold targets $1,300 as gloomy 2019 beckons

Gold is closing out 2018 with a flourish.

Year’s best major metal gains steam as supply eclipses trade woe

The price of palladium has more then doubled in the past three years.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Barra looks to China for GM's electric rebirth: Anjani Trivedi

In 2014, Barra listened to accounts of families who’d lost a member while driving in a General Motors Co. Chevrolet Cobalt that malfunctioned.

China's industrial profits suffer first drop in 3 years, piles pressure on economy

The gloomy data points to a further loss of economic momentum as a trade dispute with the US piles pressure on China's vast manufacturing sector.

China copper smelters raise TC/RC floor for Q1 2019

China's top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2019 by 2.2 percent.

Trump's EPA to maintain Obama-era coal plant curbs, with a twist

Electric utilities have already spent billions of dollars to meet the requirements.

Dalian coke futures end at 3-week low on demand concerns

Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up.

U.S. trade delegation to travel to China week of Jan. 7 for talks

The meeting would be the first in-person talks since Trump met with Xi Jinping in Buenos Aires on Dec. 1.

China's Zhejiang Huayou to invest $147m in copper project in DRC

The project will be located in the Lukuni region in the south.

China carbon industry to face severe overcapacity — association

Carbon products are widely used in sectors such as metallurgy, chemicals, aviation and renewable energy.