No gold rush for China
A top Chinese official said that China has muted interest in building up gold reserves, Reuters reported. The comments of Yi Gang, head of the State Administration of Foreign Exchange, caused global >>more...
A top Chinese official said that China has muted interest in building up gold reserves, Reuters reported. The comments of Yi Gang, head of the State Administration of Foreign Exchange, caused global >>more...
A short-term supply contract for coking coal has been reached between mining giant BHP Billiton and customers in Europe, China, India and Japan, BusinessWeek reported. The three-month contracts >>more...
China's largest listed oil company PetroChina has launched a joint bid with Royal Dutch Shell to acquire Australian natural gas producer Arrow Energy, the Wall Street Journal reported. The US$3 >>more...
China Petroleum & Chemical Corp, or Sinopec, will place a US$19 per ton subsidy on refined oil products from its refineries this month to encourage oil product exports, state media reported. The >>more...
An official at the China Gold Association said China would not buy gold from the International Monetary Fund to avoid sparking market volatility, BusinessWeek reported, citing state media. The >>more...
China will continue to rely on coal imports to meet its energy needs as local bottlenecks remain >>more...
China's major steel mills have not agreed to an interim iron ore price deal with BHP Billiton, state media said, denying earlier reports of such an agreement. According to a source from a major >>more...
China is unlikely to secure substantial discounts in the annual iron-ore price contract negotiations >>more...
Anglo-Australian mining giant Rio Tinto is keen to strengthen its relationship with Beijing despite tension over iron-ore price negotiations and the impending prosecution of four company employees in >>more...
Clive Palmer, the billionaire chairman of Australian coal and iron-ore project developer Resourcehouse, admitted he named the wrong Chinese company when announcing a US$60 billion, 20-year supply >>more...
The continuing detention of Stern Hu has hardened the mining companies against China >>more...
The investigation into Stern Hu, the head of Rio Tinto's iron ore unit in China, will be finished by next Monday. But what next? >>more...
Beijing is talking tough on cutting steel overcapacity, but its own policies keep it from taking action >>more...
The MIIT’s plans to create a national steel champion will need time and patience >>more...
MALCOLM MOORE: The price of garlic is going through the roof because of its flu-fighting properties, but do buyers simply have too much money? >>more...
After all the years of bitterness and hurt, CNOOC (China National Offshore Oil Corporation) has returned to the United States. >>more...
Fortescue Metals Group is continuing to look for sources of financing in China beyond its recently approved investment by Hunan Valin Iron and Steel, the firm's executive director told China Economic >>more...
Australia is open to foreign investment – provided it passes the national interest test. So said Wayne Swan, Australian treasurer, barely 48 hours before he rejected China Minmetals' US$1.7 billion >>more...
Aluminum Corp of China (Chinalco) spent US$14.5 billion (with US steelmaker Alcoa chipping in US$1 billion) on a stake in Rio Tinto in February. It was thought that owning 12% of Rio Tinto's >>more...
A private equity guy I know looks for deals in China that are tied to hard assets likely to deliver steady long-term cash flow. He has become, as he puts it, somewhat middle-aged in his approach to >>more...
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