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07/26/2010 |
China's Wen Soothes on Rare Earths and Investment Worries
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Chinese premier Wen Jiabao told a German trade delegation that China would not block exports of rare earth metals, while disputing allegations that China's investment cl...... |
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07/22/2010 |
Zijin Mining Managers Detained by Police after Acid Spill
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Zijin Mining Group Co., China’s largest gold producer, said three managers were detained Wednesday by the police for an acid leak that poisoned tons ...... |
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07/19/2010 |
Zijin Shuts Copper Smelter After Waste Leaks
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Zijin Mining Group Co., China’s largest gold producer, said it shut the copper smelter at its biggest mine after a leakage of acidic waste water killed fish, reported Monday’s Bloomberg. |
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06/18/2010 |
China Huaneng Commits $15 Bln to Xinjiang Coal, Power
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Chinese power company Huaneng plans to spend more than 100 billion yuan ($14.64 billion) in coal, natural gas and power generation in the far western region of Xinjiang, ...... |
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06/18/2010 |
China Company Buys into Venezuela Gold Project
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A unit of China Railway Engineering Corp is buying a majority stake in a project to develop the vast Las Cristinas gold deposit in Venezuela's southern jung...... |
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06/11/2010 |
China Weighs Tighter Controls on Rare Elements
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China is planning to tighten its control over its rare earth minerals by allowing just a handful of state companies to oversee the mining of...... |
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05/25/2010 |
China Qinfa to Buy 2 Bulk Carriers for $69M
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China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Friday it had signed shipbuilding contracts to pay $69 million for con...... |
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04/16/2010 |
China Restricts Imports by Iron Ore Traders, Credit Suisse Says
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Iron ore traders in China, the largest consumer of the steelmaking ingredient, have been asked to stop buying low-grade material in a move to clamp down on speculative pu...... |
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04/13/2010 |
China Resources Power To Buy More Coal Mines
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China Resources Power Holdings will soon finalize coal mine buys in northern Shanxi province and aims to boost self-sufficiency in coal to around a...... |
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04/13/2010 |
China’s Jinchuan Group Offers C$150 Mln For Canada's Crowflight
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China's Jinchuan Group has offered C$150 million ($150 million) in cash to acquire Canadian junior nickel miner Crowflight Minerals Inc, reported Tuesday’s Reuters. |
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04/09/2010 |
Zijin Mining Seeks Two ‘Major’ Overseas Acquisitions
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Zijin Mining Group Co., China’s largest gold producer, said it will seek to complete one or two “major” overseas acquisitions this year to increase...... |
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04/08/2010 |
Kissinger Helps Rio Tinto Build Bridges With China
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Australian mining giant Rio Tinto turned to US elder statesman Henry Kissinger for help in building bridges with China following the jailing of four of its employees, reported Thursday’s AFP. |
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04/06/2010 |
China's Drought Raises Coal Prices, Lowers Hydropower
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Benchmark coal prices at Qinhuangdao, China's largest port handling the fuel, rose for the first time in 10 weeks after a drought in the south cut hydropower generation and...... |
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04/01/2010 |
China Miner To Buy Brazil's Itaminas Iron Ore Mine
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A state-run Chinese mining company said Thursday it has agreed to buy the Itaminas iron ore mine in Brazil from its owner, Bernardo de Mello, reported AP. |
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03/16/2010 |
China Sinks $1 Billion Into Venture with Canadian Miner
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China just struck a $1 billion deal with Canadian copper producer Quadra Mining Ltd. for its assets in Chile and a stake in the Vancouver-based company, reported Canada’s Globe and Mail. |
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02/16/2010 |
Australia's Resourcehouse Signs $60 Bln Deal With China
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Australian miner Resourcehouse said Saturday it had signed a $60 billion coal deal with China, describing it as the country's "biggest-ever export contract", reported AFP. |
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02/11/2010 |
China Remains World's #1 Gold Producer
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The China Gold Association reported that domestic gold output increased 11.3% to a record of 312 tonnes last year, clinching the county's position as world's la...... |
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02/11/2010 |
China Lron-Ore Price Talks Reportedly To Conclude By April 1
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Iron ore benchmark price talks for 2010 will likely end by April 1, the China Securities Journal reported Thursday, citing an unnamed person close to the talks. |
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02/01/2010 |
Australian Mineral Explorer Teams Up With Chinese Company
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Australian mineral explorer Venus Resources Ltd announced on Monday it had entered into share subscription and joint venture deals with a Chinese entity, reported Xinhua. |
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01/15/2010 |
North China Braces For More Icy Weather, Coal Prices Rise
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Northern China braced for another blast of frigid air Monday, as coal prices across the nation rose amid shortages and ongoing transport bottlenecks, reported Xinhua News Agency and AP. |
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01/05/2010 |
Corriente Accepts $679M Takeover Offer By Tongling, China Railway
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Corriente Resources Inc. announced Monday it has agreed to $679-million takeover by China-based Tongling Nonferrous Metals Group Holdings Co. Ltd. and China Railway Construction Corp. Ltd. through their j...... |
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12/30/2009 |
Official Says China Plans To Create Reserve Of Rare Earths
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China will create a reserve for rare earths next year to prevent waste of the exotic metals used in computers and clean-energy products, an officia...... |
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12/24/2009 |
China’s Coking Coal Shortage To Spur Demand Fight
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China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Japanese and Sout...... |
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12/21/2009 |
China Finds 1 Billion Ton Iron Ore Deposit In Hebei Province
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China has discovered an iron ore deposit with reserves of more than 1 billion metric tons in the northern province of Hebei, the local government said, reported Bloomberg. |
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12/18/2009 |
China Bid To Counter BHP-Rio Iron Tie-Up
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China's steel industry has sent a high-level delegation to Brazil to gather support for a campaign opposing BHP Billiton and Rio Tinto's iron ore joi...... |
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12/17/2009 |
Iron Ore Imports By China Rise 12% As Mills Expand
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Iron ore imports by China, the world’s largest buyer, rose 12 percent last month as steelmakers increased production to meet demand from makers of cars and appliances, reported Bloomberg. |
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12/14/2009 |
China To Speed Up Industry Integration To Take On Iron Ore Giants
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A planned $116 billion joint venture of the Pilbara iron ore assets owned by BHP Billiton and Rio Tinto has upset many customers, including those in China, reported Sydney Morning Post. |
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12/11/2009 |
China Coking Coal Price May Rise 14% On Deficit
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Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, reported Bloomberg, quoting a report by Citigroup Inc.
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12/11/2009 |
Felix-Yanzhou Deal Gets The Nod From Chinese Regulator
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Felix Resources Ltd has welcomed regulatory approval from China with regards to Yanzhou Coal Mining Company Limited's (Yanzhou) AUD3.54 billion acq...... |
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11/17/2009 |
China’s Iron Ore Imports Fall 30% From September
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Iron ore imports by China, the world’s largest buyer, declined 30 percent last month, from September’s record because of an eight-day national holiday, reported Bloomberg. |
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10/26/2009 |
Guinea In Talks With China Over Resources Investment
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Guinea's ruling regime is in talks with China over investment in its natural resources, the west African country's minister of mines said, reported British newspaper the Financial Times on Monday. |
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10/22/2009 |
Fortescue's China Deal Jeopardized
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Fortescue Metals disclosed Wednesday that it failed to secure $6 billion in financing it had planned to obtain from Chinese lenders by the end of the month, reported Forbes. |
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10/15/2009 |
China Nonferrous Metal Mining Fails In Bid For Australian Resources
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China Nonferrous Metal Mining (Group) Co. Ltd terminated its $400 million bid for Lynas Corp, owner of the world's largest undeveloped deposit of rare earths, citing stiff conditio...... |
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10/02/2009 |
China’s Coal Imports Fall On Costs, Local Supply
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China, the world’s largest coal user and producer, cut imports of the fuel for a second month after global costs rose and domestic supplies increased, reported Bloomberg. |
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09/21/2009 |
China Lead Production In August Expands To Highest This Year
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Lead output in China, the world’s largest producer, expanded 6 percent in August from the previous month to the highest level this year, reported Bloomberg. |
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09/15/2009 |
China Railway Buys Stakes In Two Australian Explorers
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China Railway Materials Commercial Corp. agreed to pay A$39.8 million ($34 million) to buy stakes in two Australian iron ore explorers to secure supplies, reported Bloomberg. |
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09/14/2009 |
Chinese Firms Target Smaller Mining Firms In Australia
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CGNPC and China Railway Materials' recent moves may imply that some Chinese firms have changed their targets of acquisition in Australia to smaller mining companies. |
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09/11/2009 |
China’s Jinchuan Acquires 70% Stake In Kenya's Titanium Mines
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The Canadian-based mining firm Tiomin, issued a statement that Chinese mining firm Jinchuan has acquired a 70 percent stake in its subsidiary, Tiomin Kenya Limit...... |
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09/10/2009 |
Rare Earths Supplies May Be Inadequate, China Says
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China said supplies of two minerals used in hybrid cars and televisions may be inadequate for its needs, amid rising concerns that exports from the largest...... |
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09/09/2009 |
Chinese Miner Jinchuan Buys 70% Stake In Tiomin Kenya
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Chinese mining firm Jinchuan has acquired 70 percent stake in Tiomin Kenya Limited (TKL) in a bid to revive the titanium mining project located in Kenya's coastal region, reported Xinhua. The remain...... |
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09/08/2009 |
Super-Large Niobium Deposit Discovered In NW China
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China has discovered rare metal deposits of more than 100,000 tonnes of niobium, the nation's largest of its kind, in Baicheng County, Aksu Prefecture of south Xinjiang, reported Xinhua. |
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08/24/2009 |
China Negotiates 35% Iron Ore Fines Price Cut With FMG
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The China Iron and Steel Association (CISA) has reached an agreement with Anglo-Australian Fortescue Metals Group Ltd. (FMG) on price cut for July-December impor...... |
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08/20/2009 |
CIC, Fortescue Metals In Talks For $1b Convertible Bond Issue
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Fortescue Metals Group Ltd and China Investment Corp (CIC), China's $200-billion sovereign wealth fund, are in advanced talks on a $1-billion-plus convertible bond investment ...... |
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08/20/2009 |
Shanxi Coal Mines To Merge In New Plan
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A large-scale restructuring of the coal industry in China's major coal-producing province of Shanxi, starting at the end of this month, will reduce accidents and impr...... |
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08/19/2009 |
Yanzhou Coal To Unveil Bid For Felix Resources
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Yanzhou Coal Mining Co. and Felix Resources Ltd. halted trading of their shares amid speculation that China’s fourth-biggest coal producer plans a...... |
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08/17/2009 |
Two Largest China Nickel Miners To Acquire Foreign Mine Stakes
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China's largest nickel producer Jinchuan Group will buy a 51-percent stake in Zambia's sole nickel mine, Munali, from Africa-focused miner Albidon Ltd, Zambi...... |
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08/14/2009 |
China May Import More Iron Ore From Brazil
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Chinese steel mills would prefer to import more iron ore from Brazil rather than Australia after the detention of four Shanghai-based employees of Rio Tin...... |
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08/14/2009 |
Western Mining Net Hit By Hedging Losses In First Half
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Lead miner Western Mining Co said net profit in the first six months of this year plunged 90 percent, after it incurred hedging contract losses of 100 million yuan, reported China Daily. |
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08/12/2009 |
CISA: Iron Ore Price Still Under Negotiation
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China is still in talks with the world's major iron ore firms for the annual supply deal, Friday's Shanghai Securities News reported, citing Shan Shanghua, secre...... |
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08/03/2009 |
Chinalco In Talks To Invest In New Australian Mine
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Aluminum Corp. of China, the state-owned company whose $19.5 billion investment in Rio Tinto Group was rejected last month, held preliminary talks to invest in...... |
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China is currently the world's largest coal miner, and it is also the largest consumer of coal in the world. In 2009, North China's Inner Mongolia Autonomous Region reported coal output of 637 million tonnes, 22 million tonnes more than Shanxi province, China's top coal producing region for 30 years, said a statement from the regional administration of coal mine safety. In 2009, Inner Mongolia's coal production increased 37 percent year on year, and it was expected to hit 730 million tonnes in 2010, the statement said. Shanxi saw a decline of 4.7 percent of its coal output year on year in 2009, it said. Inner Mongolia contained the country's largest verified coal reserves of 700 billion tonnes, which more than doubled the number of Shanxi.
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