July 25, 2011

Release of loan guarantees provided by China National Gold

China Gold International Resources Corp. Ltd. (TSX: CGG, HK: 2099) (the "Company") is pleased to announce that as of June 1, 2011 the project lenders ( Agriculture Bank of China,…

July 24, 2011

Chinese manganese metal spreads over specified markets in Europe and Asia

TEX reported that while the central government of China already decided to impose 20% of duty on export of electrolytic manganese metal from China and has been enforcing this imposition…

July 24, 2011

Qiao Xing Universal files Annual Report on Form 20-F for FY 10

Qiao Xing Universal Resources Inc, a leading company in the molybdenum mining business as well as a company with substantial assets in the resources industry, announced that the company has…

July 24, 2011

Power cuts in China to hit steel, iron ore production

Chinese steel production and iron ore demand are set to come under pressure from government-mandated electricity allocation restrictions in coming months, according to New York City-based consultancy Commodore Research.

July 24, 2011

Mongolia’s prized coal draws outsiders

Overlooking a deep black gash in the Gobi desert, Od Jambaljamts watched Caterpillar trucks rumble across the rim of the world’s biggest undeveloped coal deposit. He mused on Mongolia’s good…

July 24, 2011

Macroeconomic indicators – Baltic index continues losing streak

Reuters reported that the Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, remained negative for the ninth straight session as trading stayed subdued and a…

July 23, 2011

Shenhua Energy H1 coal sales up by 39pct YoY

It is reported that China Shenhua Energy, the largest coal producer in China recorded a 39.2%YoY rise in coal sales to 191 million tonnes in the first half. During the…

July 23, 2011

China tops world in gold output in 2010

China, which became the world’s largest gold producer since in 2007, retained its position again in 2010 by mining 340.88 tonnes, up 8.57 percent year on year, the China Gold…

July 23, 2011

Iron ore imports reached 334.25 million mt in China in H1

Yesterday, China's National Development and Reform Commission released metallurgy industry's operation situation in the first half of this year. In the January-June period of current, iron ore imports reached 334.25…

July 23, 2011

Chinese state-owned company to build ferronickel industry in Kalimantan

Chinese state-owned company Dafeng Port Group plans to set up a ferronickel industry in Kotabaru, South Kalimantan with a production capacity of 200 million metric tons a year. The president…