February 5, 2012

US job growth ripples to Chinese copper and ore

Nothing is so salutary for the Chinese economy as growth in the United States, and nothing is so good for copper and iron ore prices as a strong Chinese economy.…

February 5, 2012

China gold output in 2011 was 360 tonnes

Interfax-China reported that China's gold bullion output grew by 5.89% in 2011 to reach a record high of 360.96 tonnes up by 20.08 tonnes from the previous year making the…

February 4, 2012

Sunshine Oilsands postpones $700m Hong Kong IPO, now wants ‘resource savvy’ Canadian investors

Sunshine Oilsands, a Calgary-based oil explorer backed by Chinese state-owned enterprises, has delayed the launch of a planned up to $700 million initial public offering in Hong Kong which would…

February 4, 2012

China secures Kalahari, paves way for Extract bid

China Guangdong Nuclear Power Corp (CGNPC) declared its offer for Kalahari Minerals unconditional on Friday, paving the way for it to launch a takeover bid for Extract Resources, owner of…

February 3, 2012

Minco Gold Corporation Provides Update on the Tugurige Gold Project

Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM)(NYSE Amex:MGH)(FRANKFURT:MI5) provides the following update on the Tugurige Gold Project. On January 13, 2011, Minco Gold announced that it had, through…

February 3, 2012

Chinese invest $20m in Qld coal hopeful

Chinese state-owned Beijing Guoli Energy Investment is to take a $20 million stake in Queensland-based Cuesta Coal ahead of its listing this year.

February 2, 2012

Glenstrata: Not just mining’s biggest ever deal, a new kind of resource giant

Glencore International is in talks with Xstrata to merge in a deal that would create a $80 billion rival to BHP Billiton, Vale, Rio Tinto and China's Shenhua. Here's a…

February 2, 2012

China’s gold output and demand could be far greater than ‘official’ data suggest

Comment from Jeff Nichols suggests that Chinese gold production and consumption may be considerably higher than the statistics released by the country would indicate.

February 2, 2012

China’s gold output ranks first in world for five consecutive years

China's gold output reached 360.96 tons in 2011, up 5.9 percent year-on-year, according to the latest statistics from the China Gold Association.

February 2, 2012

LME copper slips on slow China demand, EU debt woes

London copper slipped on Thursday as gains in the past month kept Chinese buyers at bay and the euro zone debt crisis continued to weigh on sentiment, but upbeat global…