MINING.COM

China’s 2012 crude steel consumption to peak at 700m tonnes

The China Iron and Steel Association expects the country's crude steel consumption to rise 4% and peak at 700 million tonnes this year.

Mineweb | January 5, 2012 | 11:09 am

Exploration boosted by China’s $89m base metals deal

CHINESE trader Guangdong Guangxin Holdings has signed an $89 million deal to boost its interests in Australian base metals by buying a quarter of the Mineral Hill copper and goldmine in NSW and a 15 per cent stake in mine owner KBL Mining.

China Mining | January 4, 2012 | 3:22 am

PetroChina takes over Canadian oil sands project

Canadian oil producer Athabasca Oil Sands Corp. (TSX: ATH) has exercised its option to sell its remaining 40 per cent interest in the MacKay River oil sands project to Cretaceous, a unit of Chinese oil giant PetroChina for about C$680 million.

Cecilia Jamasmie | January 3, 2012 | 2:22 pm

Natural disasters, gold price among Top Mining Stories of 2011

2011 will go down as the year when the wind fell out of the sails of economic recovery and serious storm clouds gathered on the horizon.

Andrew Topf | January 1, 2012 | 4:46 am

The Year of the Deal: Top 10 mining M&A in 2011

If 2010 was the year of rising commodity prices, 2011 was the year of The Deal.

Andrew Topf | December 30, 2011 | 10:38 pm

Silvercorp hires consultants to clear up any doubts on assessments of its mineral properties

Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner that was accused this year of accounting and production fraud in anonymous letters to authorities, has retained independent consultants to confirm resource estimates at four of its properties.

Cecilia Jamasmie | December 30, 2011 | 4:44 pm

Hindustan Copper awards contract to 3 Chinese companies to develop copper mines in India

Three Chinese companies are part of consortiums that have bagged Rs 1,800-crore worth of five contracts awarded by state-owned Hindustan Copper to raise its production four-fold to 12 million tonnes over the next five years.

The Economic Times | December 30, 2011 | 6:48 am

Chinese company buys $89 million stake in NSW copper mine

A once-abandoned copper mine in New South Wales, Australia is being revitalized through a partnership with a Chinese company.

Andrew Topf | December 29, 2011 | 7:26 am

W. Australia looks to China for iron ore project

Western Australia invited China to invest in a A$5.94 billion (US$6 billion) port and rail project that aims to open up a new iron ore province in the state's Mid West after Wednesday stripping a Mitsubishi Corp.-led venture of exclusive development rights.

Wall Street Journal Online | December 28, 2011 | 8:13 pm

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Global copper mine production to grow 3.5% annually — report

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Toyota Tsusho to wait on EV market before upping lithium investment

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