Slow growth spoiling China’s appetite for coal
In the first half of 2014, the country’s coal imports grew just 0.9%, compared with 13.3% a year earlier.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
First Majestic hits silver output record, to spin-out non-core assets
Production at its five operating silver mines in Mexico hit a record of almost 3.86 million equivalent ounces of silver for the second quarter ending June 30.
BHP sell-off could undo Billiton historic deal
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
South African metal workers ‘to escalate’ strike
The National Union of Metalworkers in South Africa (NUMSA) has rejected the latest offer because it didn't include a double-digit wage increase for all three years.
Barrick Gold gets partner to mine for copper in Saudi Arabia
The miner has agreed to form a joint venture with Saudi Arabian Mining Co (Ma'aden) to run its Jabal Sayid asset.
Beijing takes air pollution by the horns, imposes use of clean coal
This is the first time China enforces the use of clean coal, and it follows a series other pollution-curbing measures.
Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report
The transaction would be worth over $2 billion.
Ohio firm granted rights to shipwreck’s gold worth up to $80m
The SS Central America ship sank off the South Carolina coast in 1857 and has been the subject of legal disputes for about 30 years.
Peru set to become world’s second largest copper producer in 2016
Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
Africa’s largest iron ore miner hit hard by weak prices
While final results will be released on July 22, Kumba Iron Ore expects first-half profit to slide by as much as 19%.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
