Rare earth export quota set for 2013
CHINA'S Ministry of Commerce yesterday announced the first round of rare earth export quotas for 2013. The first batch of quotas totals 15,501 tons, about half the quota set for all of 2012, ...
View ArticleChinese gold silver face possible recovery
Chinese precious metal futures could rebound Monday after gold prices rallied in post-Asian trading Friday. The February Comex gold future added 0.86 percent to finish the week at $1,660.10 per ...
View ArticleGovt gets hands out of coal market
In what an expert called Tuesday "the most significant reform yet in the energy sector," China's cabinet announced Tuesday it would cancel government intervention in coal prices for ...
View ArticleCrews prep for recovery of grounded drilling rig
ANCHORAGE, Alaska (AP) -- The assessment of a Shell drilling rig grounded off a remote Alaska island continued Friday, with officials putting more salvagers ...
View ArticleMexican steel exports down 17 in first nine months of 2012
Mexican exports of steel dropped by around 800,000 mt, or 17.4%, during the first nine months of 2012 in comparison with the same period in 2011, Canacero, the country's national steel chamber, ...
View ArticleU.S. energy production to grow faster than consumption through 2014 E...
Total U.S. energy production growth will outpace the consumption through 2040 thanks largely to the increasing unconventional oil development, according to a federal government report released on ...
View ArticleNASA Curiosity set to drill into 1st Martian rock
NASA's Mars rover Curiosity is very close to drilling into its first rock on the Red Planet, with the set-up operation likely to begin next week, it has been revealed. According to lead scientist ...
View ArticleExperts forecast strong Q1 for s...
High prices and strong demands are expected to contribute to a strong first quarter for Taiwan's steel industry, experts said yesterday. They made the remarks after steel manufacturers reported ...
View ArticleChinese snap up gold in new year
Gold is a popular investment option in China, particularly during the holidays. This past Christmas and New Year, demand was healthy. During the three days of the New Year holiday, investors in ...
View ArticleSteel output up just 3
China is expected to witness 723 million tons of crude steel output this year, only a 3 percent increase compared with the same period last year and the lowest growth rate since 2000, Zhang Changfu, ...
View ArticleDrilling Report January 6
The drilling report was produced with data from the Texas Railroad Commission, from December 23 to December 29. The following counties were searched: Anderson, Angelina, Camp, Cass, Cherokee, Dallas, ...
View ArticleCrude iron ore relative China winners in 2013 Clyde Russell
Energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but ...
View ArticleRio Tinto sells mine to Chinese-led consortium
Rio Tinto Plc, the world's third-largest miner by market capitalization, has reached agreement to sell its 57.7 percent share in South Africa's Palabora Mining Co for $373 million to a ...
View ArticleChinas Lunar Exploration Program
China had collected all the data needed to draw its first full map of the moon surface and was almost done with the mapping work, Sun Jiadong, the chief designer of the country's Chang'e -1 ...
View ArticleChinese mining firm in Upper East to start production this year
Bolgatanga, Jan 6, GNA - Shaanxi Mining Company Limited, a subsidiary of China Gold Resources Group Company Limited is supporting two small scale firms in the Talensi District of the Upper East ...
View ArticleMarius Kloppers Lion king of mining nears end of his reign
Marius Kloppers has been described as a "control freak", who banned staff from eating smelly lunches in their offices and sticking Post-it notes to their computers. His "bit of a ...
View ArticleThe Japanese yen keeps on drilling lower
The foreign currencies open little changed in Asia after the European and commodity currencies ended little changed on Friday. The Japanese yen keeps on drilling lower and it is only a matter of time ...
View ArticleSHFE copper advances in post-holiday trading
Chinese copper futures rose last week after the US government passed legislation to avoid the US's so-called "fiscal cliff" and gained further on positive economic data out of China ...
View ArticleIn pictures Sand mining in Sierra Leone
Once synonymous with a brutal civil war, Sierra Leone was forecast to be one of the world's fastest growing countries in 2012. On the back of the rapid economic growth, it is enjoying a ...
View ArticleChina to remain largest gold pro...
The China Gold Association (CGA) forecast on Thursday that China will likely remain the world's largest gold producer for the sixth consecutive year in 2012. The association's latest data ...
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