MINING.COM

Chinese gold fetches huge premium as demand improves

Benchmark prices in Shanghai have climbed to a premium of more than $43 an ounce over their London equivalent, the highest since 2019.

Bloomberg News | September 22, 2022 | 9:31 am

Silvercorp updates resources at Ying property, extends mine life to 2037

There is also the potential to continue mining beyond 2037 if the inferred resource can be upgraded, Silvercorp said.

Staff Writer | September 21, 2022 | 11:23 am

China has enough coal reserves to last another five decades

Country has sufficient oil to last at least 18 years at current rates of production.

Bloomberg News | September 21, 2022 | 7:55 am

Rio Tinto CEO says copper outlook ‘challenged’ in near term

Copper prices are down more than 20% this year as covid-related shutdowns in China, surging power prices in Europe and ongoing inflation in the U.S. and elsewhere hurt demand.

Bloomberg News | September 20, 2022 | 3:56 pm

China’s spending on Russian energy climbs to record $8.3 billion

The haul for August was 68% higher than a year ago and included a record amount of coal.

Bloomberg News | September 20, 2022 | 10:05 am

Iron ore price rises as China’s construction stimulus pays off

Economic indicators suggest that government stimulus is boosting the ailing construction industry.

Bloomberg News | September 20, 2022 | 9:06 am

Europe’s energy crisis to drop copper price to two-year low

"It would be rare to see an outright decline in demand, but I think that's what we are going to see in Europe over the next 3-6 months," Citi analyst says.

Reuters | September 20, 2022 | 7:59 am

Philippines’ new nickel miner completes maiden ore shipment to China

Ipilan's inaugural shipment from its mine in the western Philippine province of Palawan was sold to Guangdong Century Tsingshan Nickel Industry.

Reuters | September 20, 2022 | 7:46 am

Fitch: Copper price to regain March peaks in 2027

Research company slashes its 2023 copper price forecast and predicts a return to $10,000-plus levels only in 2027 as long term structural deficits emerge.

Frik Els | September 19, 2022 | 2:33 pm

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Iron ore price extends decline as concerns over Chinese property market persist

Rio Tinto CEO says Chinese steel demand is close to peaking

WGC steps up efforts to boost supply chain transparency

China’s copper industry is struggling when it should be booming

Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed – sources

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