Chinese urbanisation still hurtling along

While mining companies were reporting massive profit hikes for the first half of 2010 this week, two noteworthy – and partly related - pieces of information emerged out of China. Firstly, the government quietly claimed that China has toppled...

Cudeco confirms talks with Xiangguang, Sinosteel

ASX-listed copper developer Cudeco on Friday confirmed that it was in talks with Chinese companies Xiangguang Copper and Sinosteel regarding the development of its Rockland project, in Queensland. In response to queries from the ASX, Cudeco said...

Australia’s Cudeco in talks with China to develop copper project

Australian copper miner Cudeco on Wednesday confirmed that it was in discussions with various Chinese entities to develop its Rocklands project, in Queensland. In a statement, Cudeco said that its “representatives are in China at present, and...

China iron-ore price hike report seen as 'posturing'

Global miners are offering Chinese steel mills a 50% rise in iron ore prices, the China Daily said Thursday, but analysts dismissed the report as posturing and predicted a rise of 65% to 70%. China has by far the world's largest steel sector,...

Chinese mining majors reportedly eyeing noncore Anglo assets

China’s largest iron and steel trader, China Minmetals Corporation, which is also a major mining group, was last week reported by China Daily to be interested in buying the zinc assets of Anglo American plc. Another journal, the Chinese-language...

Chinese creating joint venture to gain access to DRC metals

Chinese companies are, with local partners, intending to create a joint venture (JV) to invest $2,9-billion in a copper and cobalt mining project in the Democratic Republic of the Congo (DRC).

Century-old Chinese coal-mine fire to be extinguished

A fire, in a Chinese coal-mine, which has been burning for almost a century will be extinguished by July, State media said yesterday.