February 22, 2012

China has invested $14 billion in the oil sands, and that’s a good thing

A think tank is pushing back against the perception that Chinese firms are locking up Canadian resources, but rather are providing an important financial boost to the sector.

February 21, 2012

European Goldfields and Eldorado tie-up: At last investors can cheer news about Greece

The $2.5 billion deal saw European Goldfields add 6.4% in afternoon trade on Tuesday while Eldorado gained 6% to bring their combined market value to $10 billion.

February 21, 2012

Chinese coal miners discover a 300 million-year-old forest preserved in a layer of ash

Chinese coal miners discovered a botanical Pompeii, a 298 million year old forest well-preserved in ash from a sudden volcanic eruption.

February 21, 2012

Concerned Canadian unions say BC government is leaving coal in China’s hands

In unveiling Canada’s British Columbia’s job-creation strategy last September, the Premier Christy Clark said the government planed to capitalize on high demand for minerals, especially in Asia, by opening up…

February 21, 2012

China Steel to invest in Australian coal project

Taiwanese steelmaker, China Steel, will pay $104 million to invest in a coal mine in Australia and take rights to 10% of the future output, in a move to counter…

February 21, 2012

China further entrenched in Africa with Minmetals’ Anvil acquisition

In what is being regarded as the first major African mining play by a Chinese company, China Minmetals succeeded Friday in closing its $1.3 billion bid for copper miner Anvil…

February 20, 2012

Did China’s central bank buy 139 tonnes of gold in the fourth quarter?

After surging in January, prices for gold and silver have been remarkably steady through the first three weeks of February, setting the stage for a possible big move sometime in…

February 20, 2012

The Sinopec File

Pollution, bribes, more. Nikiforuk pries open the record of China's oil giant, business partner for Northern Gateway pipeline, The Tyee reports.

February 20, 2012

Bank of China moves closer to London Metals Exchange membership

Bank of China International (BOCI) is on track to become the first Chinese member of the London Metals Exchange - giving the bourse a boost while it is considering possible…

February 19, 2012

India’s gold demand drops below China in Q4

Wild price swings caused by a volatile rupee sapped Indian buying interest in gold in the fourth quarter of 2011, with imports well short of expectations and no pick up…