MINING.COM

Chinese firms invest in smelters as Indonesian ore export ban approaches

Chinese firms plan to invest up to AUD$8.6 billion in Indonesian smelters to mitigate the impact of a ban on unprocessed ore exports.

Marc Howe | August 31, 2012 | 12:16 am

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.

Cecilia Jamasmie | August 30, 2012 | 1:01 pm

China colliery blast leaves 19 dead, 28 trapped underground

A colliery explosion in China's vast southwestern province of Sichuan has left 19 miners dead and 28 still trapped underground.

Marc Howe | August 30, 2012 | 5:32 am

Iron ore freefall catches miners

Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity, particularly companies investing heavily to expand their production capacity.

Cecilia Jamasmie | August 29, 2012 | 6:14 pm

China slows overseas investments during leadership transition

MMG (HSX:1208) CEO Andrew Michelmore says China's leadership transition later this year could put the brakes on overseas investment due to impeded decision-making by China's policy-making elite.

Marc Howe | August 29, 2012 | 3:22 am

China snaps up US assets

China's overseas buying spree continues unabated, with companies upping the pace of their US asset purchases.

Marc Howe | August 28, 2012 | 2:46 am

China’s push for end to Aussie iron ore boom

Jeffrey Wilson of Murdoch University's Asia Research Centre examines China's pivotal role in the boom and possible bust of Australia's iron ore sector.

Marc Howe | August 28, 2012 | 12:54 am

Chinese acquired Canadian gold miner Inter-Citic for $252 million

Inter-Citic Minerals Inc. (TSX:ICI) stocks soared over a third Monday after the company revealed it was being acquired by a subsidiary of China-based Western Mining Group, in a deal that values the Canadian gold miner at $252 (Cd$250) million.

Cecilia Jamasmie | August 27, 2012 | 5:54 pm

The great, long-awaited China rebalancing act may have already begun

Peking University finance professor Michael Pettis writes on his blog that the long-anticipated rebalancing of the Chinese economy may have already commenced.

Marc Howe | August 27, 2012 | 4:56 am

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Gold falls again as demand for havens wanes

Continental Gold shareholders urged to back Zijin’s $1bn takeover deal

Copper price jumps to 8-month high

With copper stocks tapped out, banks see a 2020 price spike

Roskill predicts tight supply of NdFeB magnet rare earths

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