China infrastructure push to boost zinc imports, support prices

China is likely to boost imports of zinc in the fourth quarter of the year after Beijing said it would speed up infrastructure investment, market players said, helping support prices for the base metal. Zinc is set to reap the benefits of a push...

Vale to build second iron ore storage ship in Asia

Vale will build a second floating iron ore storage vessel in Asia to feed shipments to its main market, China, a senior company official said on Monday, as the Brazilian miner works around Beijing's ban on its huge dry bulk ships. China, the...

London copper slips to 4-month low on Greece woes

London copper fell to a four-month low on Wednesday, extending losses to a fourth consecutive session, as investors continued to shy away from riskier assets with the Greek political malaise threatening to plunge Europe into a deeper financial...

Vale targets China firms over mega ship standoff

Brazil's Vale , the world's largest iron-ore producer, has stopped hiring vessels from some Chinese shipping firms in retaliation for Beijing's efforts to keep the miner's huge ships out of the country, traders and industry sources said. Chinese...

Mongolia mine law change unlikely to be retroactive

Changes to Mongolia's investment rules that will allow it to review takeover bids by foreign investors are part of efforts to avoid over-dependence on commodity-hungry China and are not aimed at reviewing existing deals, a government Minister...

China unveils industrial capacity cut targets for 2012

China, the world's top steel and copper consumer, has set its 2012 target to shut down inefficient industrial metals capacity, the industry ministry said on Thursday, part of efforts to reduce pollution and improve efficiency. The Ministry of...

China, eurozone woes fuel risk aversion

Commodities slid on Monday, with copper hitting fresh three-month lows and oil and grains also in the red, as worries about the global economy from China to Europe pushed investors out of risky assets. Gold, otherwise a safe haven, fell too, as...

BHP keeps investing in iron-ore despite Chinese slowdown

Mining giant BHP Billiton said on Tuesday that it had no intention of scaling back its iron-ore expansion plans, despite a slow-down in China’s growth rates. BHP president for iron-ore, Ian Ashby, told reporters on the sidelines of the Global...

Company Announcement: Exoma Confirms Shale Oil and Gas Potential

Exoma Energy Limited (ASX:EXE) is pleased to announce it has received the first of a number of reports from independent experts on the Toolebuc shale cores that were recovered during its 2011 drilling program.

Company Announcement: West African Iron Ore Moving Towards Initial Resource Calculation

Recent drilling campaign finds high grade iron ore and additional highly prospective targets.

China fails to divert iron-ore buys from Australia, Brazil

China diversified its spot iron ore buying away from India in 2011, largely in favour of South Africa, but failed to reduce its dependence on term purchases from top suppliers Australia and Brazil, customs data showed on Saturday. Chinese...

Great Western finalises rare-earths deal with Chinese company

Great Western Minerals said on Tuesday it penned a joint venture pact with Ganzhou Qiandong Rare Earth Group, a Chinese firm, to build a separations plant to process material from the TSX-V-listed company’s Steenkampskraal operation in South...