China Top Stories

China’s Jiangxi Copper posts best quarterly profit in four years

The Nanchang-based company earned net income of 767.3 million yuan…

China’s Byton eyes IPO to fund expansion – Automobilwoche

Byton already has financial backing from Chinese battery supplier Contemporary…

Create FREE account or log in

to receive MINING.COM digests


Latest Stories

Canada eclipsed China in mining M&A: PwC report

China may have dominated mining news headlines over the past year, but it is a small player when it comes to mergers and acquisitions, according to a report released today from PwC. The Mining Deals report states that in 2010, just 6% of global mining involved purchases by Chinese companies, compared to 36% from companies domiciled in Canada, 16% in the US and 16% in Australia. The numbers appear to dispel the myth that China is amassing control of the world's resources by merging and acquiring firms into its orbit.

Australia still world’s no. 2 gold producer

Australia produced 266 tonnes of gold in 2010, up 17% on 2009 but not enough to secure it first place as China's output grew to 341 tonnes in the same period. Australia maintained its number two ranking in gold output behind China in 2010