September 4, 2011
China seeking cheaper iron ore
Fed up with paying high prices for iron ore, China is seeking out new supplies of the crucial steelmaking ingredient. The Australian reports that China is increasing iron ore imports…
September 4, 2011
Fed up with paying high prices for iron ore, China is seeking out new supplies of the crucial steelmaking ingredient. The Australian reports that China is increasing iron ore imports…
September 4, 2011
Vale SA, the world's biggest exporter of iron ore, said that it has been in talks to engage Chinese shipping companies to haul the steelmaking material to China on its…
September 4, 2011
Increased bonded warehousing space in China, the largest consumer of copper and aluminum, may facilitate larger trade volumes as importers benefit from lower costs. Increased bonded warehousing space in China,…
September 4, 2011
Ten miners are confirmed dead in a coal mine flooding in Southwest China's Sichuan province, with two others still missing, local authorities said Saturday.
September 4, 2011
Another wave of Chinese acquisitions is expected soon as the Asian superpower seeks to diversify investments beyond the underperforming greenback, and as share price falls translate to cheaper purchases. Mergers…
September 4, 2011
China Shenhua Energy would install the world's biggest coal winning machine in one of its coal mines located in Shaanxi province, sources reported.
September 2, 2011
The Globe and Mail reports on Friday that MEG Energy, a small oil sands developer partly owned by China's CNOOC, has ponied up $100 million to join another Chinese state-owned…
September 2, 2011
Silvercorp Metals was forced on Friday to react to an anonymous letter also sent to the Ontario Securities Commission, presumably from a shorter of the company's stock that alleges a…
September 2, 2011
By Chuin-Wei Yap BEIJING -(MarketWatch)- Iron ore imports from sources outside China's four largest suppliers accounted for about a fifth of total ore imports in the first half of 2011,…
September 1, 2011
The increased investor interest and rebound in prices for Silver have made it the new favorites in Asian commodity exchanges. In China's Hunan Province, a new precious metals exchange focussed…
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