April 19, 2016

China launches yuan gold fix in bid to gain more influence in metal pricing

It is set twice a day based on a few minutes of trading by 18 trading members,

April 18, 2016

DMCC and Silver Group sign memorandum to drive commodities trade in China

DMCC, the Government authority on trade, enterprise and commodities in Dubai, announced today its signing of a Memorandum of Understanding (MoU) with the leading Chinese silver producer China Silver Group…

April 18, 2016

Chinese coal miners to work less hours this year in bid to reduce supply glut

Official production capacity will be adjusted to fit the new 276 working day limit, which means that mines will be held to even stricter production caps.

April 15, 2016

Slow growth, production cuts, divestment expected for Europe mining sector

Analysts outline five key themes resources companies in Europe will have to deal with in the next few months.

April 15, 2016

Canadian potash companies lack major 2016 supply deal

Not only Canadians, but also producers from Russia and Belarus have yet to sign 2016 contracts with Chinese importers.

April 14, 2016

US says China to scrap some export subsidies

China has agreed to scrap some export subsidies on a range of products from metals to agriculture and textiles, the United States said on Thursday, in a step by Beijing…

April 13, 2016

Iron ore price at $59.90 as surge extends another day

China imports volumes at record setting pace.

April 13, 2016

Copper price jumps on record Chinese imports

First quarter concentrate imports are up 34% and refined metal almost 40% compared to 2015.

April 12, 2016

Another big rally sees iron ore price nearing $60

One of the best indicators of Chinese demand snapped a three year losing streak this week.

April 12, 2016

IMF warns of another 14% drop in metal prices this year

The Fund's slightly more positive outlook for the Chinese economy not enough to halt metal price declines this year and in 2017.