MINING.COM

China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional

The Chinese gold miner last week increased its offer to A$0.68 per share from A$0.58.

Reuters | April 24, 2024 | 12:22 am

Gold’s record-setting rally may have its roots in Chinese frenzy

Several prominent figures in the global gold market are coming to the conclusion that the major new driving force is a legion of fleet-footed retail investors on the Shanghai Futures Exchange.

Bloomberg News | April 23, 2024 | 5:11 pm

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

Reuters | April 23, 2024 | 4:40 pm

Copper price at risk of pullback as buying in China stalls after rally

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.

Bloomberg News | April 23, 2024 | 8:55 am

Iron ore price slides to nearly one-week low on subdued Chinese steel market

Steel consumption was suppressed in the short term due to rainy weather in southern regions of China.

Reuters | April 23, 2024 | 7:35 am

China loses appetite for Russian coal as import costs rise

Russian exports plunged 22% in the first quarter after Beijing imposed a tax regime that favors some of Russia’s rivals.

Bloomberg News | April 23, 2024 | 7:20 am

Sandvik buys majority stake in China-based Suzhou Ahno

Sandvik, which already owns a 12.4% stake, said it will through the deal raise its stake to 72.4%.

Reuters | April 23, 2024 | 6:44 am

China can’t quit coal by 2040, researchers say, despite global climate goals

Norwegian risk assessment firm DNV said China's coal consumption will see a "minor uptick" in the next two years.

Reuters | April 23, 2024 | 5:06 am

Chinese nickel billionaire boosts Australian miner in Indonesia

In under a decade, Nickel Industries Ltd. has gone from a relatively small miner to the world’s sixth-biggest producer of the metal.

Bloomberg News | April 22, 2024 | 2:41 pm

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Indonesia launches new phase of industrial park in bid to lure investors away from China

Indonesia trying to cut China stakes in new nickel projects

Cash-hungry Canadian miners test grey area of anti-China M&A rules

‘We can raise more money in the Middle East,’ says junior that left Canada for UAE

Iron ore price drops further as strong supply, China steel sell-off weigh

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