Private firms contributed 40% of China’s 45m tonnes of new steel capacity
China is not just a command economy.
Latest Stories
Crude oil benchmark price provider enters iron ore market
Chinese port of Tianjin becomes the pricing point for the steelmaking raw material.
Strong start to Fourth Antwerp Diamond Trade Fair, as buyers arrive from China, Europe, Middle East, Russia and USA
With scores of visitors waiting in line to collect their badges at the registration desk, foot traffic in the corridors of the Antwerp Diamond Bourse and the Diamond Club of Antwerp was strong, turning the exhibition booths of the 83 participating companies into beehives of activity.
Mining in Canada’s North expected to nearly double by 2020: report
Stakeholders must address matters of infrastructure, regulatory uncertainty, skills shortages and Aboriginal rights.
Caterpillar quarterly earnings dip 55% on weak demand and accounting fraud scandal
Caterpillar Inc. suffers 55% Q4 profit loss
China is cleaning up its coal industry at an astonishing pace
Consolidation and technological upgrades see number of mines cut by 1,500.
Fresh threats to Centerra’s Kumtor gold mine in Kyrgyzstan
The Kyrgyz Republic government is once again trying to force Centerra to renegotiate the terms of its mining license for the Kumtor open pit gold mine, the country’s largest foreign investment.
Main copper producer Chile expects record output thanks to BHP and Codelco
The country expects to generate 5.59 million tons of red metal this year, up 3% from 2012 levels.
Amplats in talks about decision on firing 14,000 workers and selling off mines
The world’s top platinum company is reportedly engaged in negotiations with union leaders and the government and it is expected to release a formal announcement on whether talks had succeeded in saving jobs later today.
