June 14, 2017 China’s Fosun spices up battle for Gemfields with 10% bid premium Gemfields, which mines for emeralds and amethysts in Zambia and for rubies in Mozambique, had already received a buyout offer from largest shareholder Pallinghurst Resources.
June 13, 2017 World coal production falls off a cliff China, the world's largest energy consumer, burned the least coal in six years.
June 13, 2017 Yancoal grabs Mitsubishi stakes in Rio Tinto’s coal mines in $940m deal Chinese-owned Yancoal has signalled it may raise its bid for Rio Tinto's Hunter Valley coal assets, after striking the agreement with Mitsubishi to buy its stakes in the same mines.
June 12, 2017 Coking coal price slides to 8-month low Cyclone Debbie forcing Asian steelmakers to diversify supply – Mozambique could be big beneficiary.
June 9, 2017 North Korea coal exports down to zero on China ban, UN cap Coal shipments from North Korea to China fell from 1.4 million tonnes, worth $126 million, in January to zero in April.
June 8, 2017 Copper price jumps on Chinese imports surprise Chinese demand for refined copper up 30% in May while falling concentrate imports point to tight supply.
June 6, 2017 The hard-to-believe steel shortage that’s unfolding in China Fortescue’s Power says rebar prices have jumped after closures
June 5, 2017 Detention of illegal Chinese miners in Zambia infuriates Beijing The group of 31 people arrested over the weekend at the copper-mining town of Chingola, includes a pregnant woman and two other people with malaria.
June 2, 2017 Shandong to borrow $1.26B to buy half of Argentinian gold mine Top Chinese gold producer Shandong Mining will have to arrange financing before unlocking its half of the Veladero mine in Argentina.
June 2, 2017 The iron ore price also rises Up 2% on Friday as traders weigh impact of outage at BHP's largest iron ore mine in West Australia.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am