December 1, 2011 De Beers opens second China store in six months De Beers' second mainland China standalone was opened earlier this week. De Beers Diamond Jewellers has opened a second store in China, in The Friendship Mall in Tianjin, its second…
December 1, 2011 China eyes bigger role in iron ore pricing and hedging China plans to launch an iron ore swaps business and a physical iron ore trading platform are a clear sign of its desire to take on a bigger role in…
November 30, 2011 Stocks rally, lifting commodities North American stock exchanges are on a tear today after central banks made more funds available to lenders, giving investors hope for a way out of the European debt debacle.…
November 30, 2011 Iron ore prices fall to three-week lows Offer prices for iron ore dropped to three-week lows, reports Reuters, with steelmakers in top producer China mostly staying out of the market amid thin demand. Despite the low steel…
November 30, 2011 Baosteel, CRCC to jointly explore Guinea an iron ore mine Baosteel Group, the parent of Baoshan Iron and Steel, and China Railway Construction Corporation (CRCC) have signed an agreement to jointly participate in the exploration of an iron ore mine…
November 29, 2011 Canadian iron ore miner reaches $120 million development deal with Chinese steel producer Century Iron Mines, an iron ore miner with projects in Quebec and Newfoundland and Labrador, has reached a $120 million development deal with WISCO Resources, one of the third largest…
November 29, 2011 China to get rid of small gold mining companies China's Ministry of Industry and Information Technology (MIIT) is drafting new standards for the gold industry which will raise the entry barriers and it will force companies with daily gold…
November 28, 2011 China secures major second stake in Canadian oil sands with a Cd$2.1 billion deal Chinese energy giant China National Offshore Oil Corp (CNOOC) took over oil sands operator Opti Canada Inc. (TSXV:OPC) today in a deal valued at Cd$2.1 billion. This acquisition gives China's…
November 28, 2011 BHP expects China’s steel output to hold at below-average levels Global miner, BHP Billiton, expects steel output in China to continue at current rates, below historical highs, for some time. "When we talk to our Chinese customers there is not…
November 27, 2011 Three arrested for coal mine blast that killed 29 in central China Three people who were believed to be responsible for a deadly coal mine blast in central China's Hunan Province late October were arrested Sunday. The three people were in charge…
Codelco submits $1.3B plan to prolong Radomiro Tomic mine life to 2058 The proposal aims to boost the mine's capacity to an average of 725,000 tonnes per day, up from its current level of 675,000 daily tonnes. January 14, 2026 | 10:07 am