Reuters quoted an official from the China NonFerrous Metals Industry Association as saying that China's apparent consumption of refined copper will rise by nearly 40% to 8.5 million tonnes per year by 2015.

Reuters cited Mr Carlos Rodado Columbia Energy Minister as saying that Colombia mining reforms including restructuring the fast-growing sector and changes to the law should be completed by the end of the year. The world No 4 coal exporter is undertaking major reforms to its mining sector after a series of accidents and growing criticism over how the industry is managed hit one of Colombia's most dynamic growth sectors.

According to the latest data released by the General Administration of Customs China coal exports increased to 1.25 million tonnes in August up by 37.37% or 340,000 tonnes from 910,000 tonnes in July.

It has now emerged that Mr Gali Janardhana Reddy, the jailed former Karnataka minister made crores out of a fictitious steel plant aided by the former Andhra Pradesh chief.

According to Mr David Martin Deutsche Bank analyst, investors need to be very choosy if they’re considering coal stocks particularly in the current environment. Mr Martin lowered his price targets on the companies he covers by about 15% although he upgraded two companies that he thinks can outperform despite the difficult environment.

According to latest statistics China crude steel production hit 58.752 million tonnes in August 2011, up 13.8%YoY. Daily production set a year to date new low of 1.8952 million tonnes, down 180,000 tonnes compared with July.

Reuters reported that Anglo American will start construction on its USD 3 billion Quellaveco copper mine next year. Quellaveco, one of Anglo American's largest projects in Peru is expected to produce some 220,000 tonnes of copper per year.

Western Australian minerals exploration company Hannans Reward Limited has commenced a combined RC and Diamond drilling program at its 3,000 square kilometer Jigalong project in the South East Pilbara region of Western Australia.

Reuters reported that Shanghai rebar futures fell again recently hitting the lowest level in over a month, shrugging off gains in other broader markets as worries about the euro zone debt crisis lingered.

The African blocks which include Tripartite and Igad are planning to hold a three days joint high level conference in Kenya starting on September 28th 2011 to discuss ways of financing key regional infrastructure projects.

According to the data provided by the Turkish Statistical Institute, in July this year Turkey's stainless flat steel imports rose 7.9% compared to the previous month increasing to 25,478 tonnes. The value of these imports amounted to USD 78.2 million

According to the news released by Chonggang, Chonggang will complete stock transaction delivery with Australian Iron ore project based on the approvals by Sino Australia authorities. It is learned that the project in future will supply high purity