MINING.COM

Silvercorp says work interrupted at mine in China

Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner, said Monday that production at its flagship silver-lead-zinc Ying Mine will be interrupted for about five days as a result of power interruptions.

Cecilia Jamasmie | May 29, 2012 | 7:08 pm

Copper up on Greek hopes, China stimulus

Copper edged higher on Monday on hopes of more stimulus from China, and after Greek conservative parties topped opinion polls, helping calm fears over contagion should Athens default on its debt and leave the euro.

Financial Post | May 28, 2012 | 8:33 pm

Chinese coal, iron ore defaults prompt mystery

Over the last two weeks, Chinese consumers of thermal coal and iron ore have been defaulting on their contracts, sending prices sharply down.

Globe and Mail | May 28, 2012 | 6:45 pm

Singapore-based iron ore platform to compete with China’s beginning on Wednesday

A second major physical iron ore trading platform, supported by major mining companies and Chinese steelmakers will launch this Wednesday, competing directly with China's new own platform in a race to create an industry price benchmark.

Cecilia Jamasmie | May 28, 2012 | 2:04 pm

Beijing iron exchange handled only 8 transactions in its first 3 weeks

It has been a slow start for China’s first physical iron ore trading platform which was launched with the idea that it would give China greater influence on the price of the commodity.

Frik Els | May 27, 2012 | 12:55 am

Rio Tinto confirms strong potential for diamond jewellery demand in China

An increasing demand for diamond jewellery coming from China could help precious stone producers to boost sales in the following months, hinted diversified miner Rio Tinto (LON:RIO) in a release summarizing key insights from a market research.

Cecilia Jamasmie | May 25, 2012 | 10:58 am

China gains approval to begin trading silver futures

It has been a tough month for both silver prices and silver stocks. The Global X Silver Miners ETF (SIL) has fallen nearly 16 percent in the last month.

Marketwire | May 25, 2012 | 5:22 am

Chinese consumption surprise sees copper price come roaring back

Goldman Sachs came out with a report showing Chinese copper usage in April came in at the second highest run rate on record.

Frik Els | May 25, 2012 | 12:31 am

Xstrata relies on China to lift copper demand

Copper demand in China, the world's main consumer of the red metal, is expected to rebound in the second half of 2012, despite the uncertain outlook for Europe, the head of Xstrata PLC's copper division said.

Cecilia Jamasmie | May 22, 2012 | 2:54 pm

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