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Shanghai Construction to Buy African Gold Mine

(SinoCast Daily Business Beat via COMTEX) -- Shanghai Construction Group Co., Ltd. (shse:600170) announced on December 27 that its board allowed China Shanghai (Group) Corporation for Foreign Economic & Technological Cooperation (China SFECO Group)...

China’s 2011 gold demand to hit 750 tons

(MENAFN) The World Gold Council (WGC) said that in 2011, China's total gold demand would grow to reach 750 tons, driven by high demand in investment and jewelry, reported Xinhua News.The WGC added that during the year's third quarter, demand fo...

China’s Jan-Sep coal consumption up 10.3 pct

(MENAFN) China's National Development and Reform Commission (NDRC) said that in 2011's first nine months, the country's consumption of coal grew 10.3 percent to 2.28 billion metric tons, reported Xinhua News. The country's top economic ...

UAE primary aluminium sector targets growth in Turkey

(MENAFN Press) Against the economic instability in neighbouring Europe, Turkey remains a strong regional economy. Indeed, the International Monetary Fund ("IMF") recently revised the forecast growth for Turkey's economy upwardly to 7.5 pe...

Film mines rich seams of history

Hiroko Kumagai will never forget the day in 1998 when she first stepped inside the red-brick building at the entrance to the closed and shuttered Miyahara shaft in the Miike coal mine. Image from YouTube

Zinc plant a go for Horsehead

Horsehead Holding Corp. said Wednesday it's going ahead with plans for a lower cost, environmentally friendly zinc production plant.

Gold gains modestly on European debt fears

SAN FRANCISCO (MarketWatch) — Gold futures gained Monday on continuing concerns about Europe’s sovereign-debt crisis and as investors eschewed investments considered riskier, such as U.S. stocks. Gold for August delivery added $13.20, or 0.9%, to
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China posts 10 pct rise in Q1 gold output

(MENAFN) China's Ministry of Industry and Information Technology said that during the first quarter, the country's production of gold rose 10 percent from a year earlier, reported Xinhua News.The ministry stated that the volume in the period reached 80...