Global coal power falls for first time even as China builds more

NioCorp Developments' El Creek niobium mine could become the first such a mine in the US, which currently imports 100% of its needs for the metal.

So far this year Mexico has seized more than 200,000 tonnes of illegal iron ore, most of it on its way to China.

The company invested in Aquila in 2009 to help fund its iron ore project and a separate coking coal mine.

In light of the Indonesian mineral ore ban that came into force on January 12th 2014, Wood Mackenzie says the aluminium industry - particularly in China - faces a challenge to address a growing shortage of the raw material bauxite, an aluminium ore.

Beijing is curbing the use of industrial metals and iron ore as collateral in short-term financing creating a vicious circle as deals are rapidly unwound.

New study based on purchasing power parity sees Chinese economy overtaking US this year. India leaps from 10th to 3rd.

Oakajee could have enable the region's iron ore miners to be one of the major suppliers of the steel-making material to Asia.

Using commodities as loan collateral is practice in China, but Beijing is set to introduce new rules limiting this component of the shadow banking system.

Investment bank predicts gold will decline to an average $1,168 in the second half of 2014 as Chinese demand wanes and will go lower still next year.