July 22, 2011

China discovers its largest molybdenum deposit

China has discovered its largest molybdenum deposit containing 2.2 million tons of the silvery metal, which ranks the second largest in the world, in east China's Anhui province. Anhui Geology…

July 22, 2011

India steel output at 35.6MT in Jan-June, 1/10th of China

According to the World Steel Association (WSA), production of steel in China during the January-June period of the current year stood at 350.543 MT, almost half of world output during…

July 22, 2011

Electricity demand still growing in China

The demand for electricity continues to grow in China as surging economic growth creates a rising middle-class. With the largest population in the world, naturally the growing number of middle-class…

July 22, 2011

Optimistic US data pushes copper to three-month high

Copper futures retreated Thursday, snapping Wednesday’s rally to a three-month high, as negative sentiment over China’s economic future outweighed better-than-expected US manufacturing data.

July 21, 2011

Gold: twitching tiger, cooling dragon

With gold once more assaulting new highs, part of the potential demand for the yellow metal in India and China has been withdrawn, but the indications are that it will…

July 21, 2011

Clouds gather over global economies

Growth ground to a halt in the euro zone's private sector this month while China's factory sector contracted for the first time in a year, surveys showed on Thursday, deepening…

July 20, 2011

Rare earths: China always one step ahead of the West

When news broke Thursday last week that China was raising REE export quotas for the second half of the year, ostensibly in reaction to a WTO ruling, it was greeted…

July 20, 2011

China says cannot invest ‘too much’ in gold and silver

In calling for the U.S.to take ‘responsible' measures on the economy and debt, China's FX regulator says country can't buy too much gold as the market is too small.

July 20, 2011

Chinese mines under scrutiny

The recent Chilean mine disaster has sparked new fresh debate in China regarding work safety and rescue work in the domestic mining industry. China has made huge steps to improve…

July 20, 2011

Chinese investor plans Meridian takeover

NineMSN reports that shares in Meridian Minerals (ASX:MII)jumped after a Chinese state-owned entity, revealed plans to takeover: Shares in Meridian Minerals jumped after the junior explorer's largest shareholder, a Chinese…