Where Chinese Investors Meet Global Investment News and Opportunities

中國投資者探索環球投資新聞及機遇

Strong last quarter leads Antofagasta to record copper output in 2018

Strong last quarter leads Antofagasta to record copper output in 2018

Chilean miner Antofagasta Plc. (LON:ANTO) ended 2018 on a very high note as it produced a record amount of copper in the final quarter of the year, which led it to post annual output at the higher end of its forecast. The company, majority-owned...

Read more
BHP said to owe $215m in underpaid iron ore royalties to Western Australia

BHP said to owe $215m in underpaid iron ore royalties to Western Australia

World’s largest miner BHP (ASX:BHP) is facing accusations by the state of Western Australia of having underpaid iron ore royalties on shipments sold via its Singapore marketing hub, stretching back over more than a decade. The alleged discrepancy...

Read more
Slower growth weighs on base metals but constructive for gold, CIBC says

Slower growth weighs on base metals but constructive for gold, CIBC says

The negative effects of trade disputes on global growth this year will push down demand for base metals and steel-making commodities, while the economic uncertainty will drive gold prices higher, CIBC says. “CIBC economists are not forecasting a...

Read more
China’s Jiangxi Copper names industry outsider as new general manager

China’s Jiangxi Copper names industry outsider as new general manager

Jiangxi Copper Co, one of China’s top copper producers, on Friday named provincial government official Zheng Gaoqing as its new general manager. The appointment, confirmed at a board meeting during the day, marks the end of a six-month void...

Read more
Carube Copper finds high grades in Jamaica

Carube Copper finds high grades in Jamaica

Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge...

Read more
Rio Tinto 2018 iron ore shipments rise 2%

Rio Tinto 2018 iron ore shipments rise 2%

Global miner Rio Tinto on Friday reported a 2 percent rise in annual iron ore shipments from Australia on ramp-up of expanded mines and fewer weather related disruptions, meeting its guidance, and set a higher target for 2019. Rio’s 2018...

Read more
China copper imports hit record high in 2018

China copper imports hit record high in 2018

China’s unwrought copper imports rose 12.9 percent to a record annual high of 5.3 million tonnes in 2018, customs data showed on Monday, boosted by the country’s crackdown on scrap metal shipments. For December, imports fell 4.7...

Read more
China industry ministry to ban new steel project expansions – Xinhua

China industry ministry to ban new steel project expansions – Xinhua

China will “strictly prohibit” the expansion of new iron and steel projects in 2019, the country’s industry minister told the official Xinhua agency in an interview on Thursday. Miao Wei, minister of industry and information...

Read more
China steel prices rise on consumption boost plans, trade talk hopes

China steel prices rise on consumption boost plans, trade talk hopes

Chinese steel futures prices inched up on Wednesday, buoyed by Beijing vowing to introduce policies to strengthen consumer spending and optimism that the months-long U.S.-China trade row is finally coming to an end. China plans to introduce...

Read more
Chile’s Collahuasi plans resource sharing with Canada’s Teck Resources

Chile’s Collahuasi plans resource sharing with Canada’s Teck Resources

Chile’s Collahuasi copper mine is talking to Canada’s Teck Resources Ltd about resource-sharing as the two companies embark on ambitious expansion projects, its Chief Executive Jorge Gomez said on Wednesday. Collahuasi – owned by...

Read more
Chile’s copper production to exceed 6 million tonnes for first time in 2019

Chile’s copper production to exceed 6 million tonnes for first time in 2019

Copper output in Chile, the leading producing nation, is expected to exceed 6 million tonnes for the first time this year and continue to rise by about 30% over the next 10 years, according to the country’s state copper agency, Cochilco...

Read more
Resource Weekly 331 – Gold miners ‘laughing’ amid best rally in decade as metal surges

Resource Weekly 331 – Gold miners ‘laughing’ amid best rally in decade as metal surges

Click here to find more details This is NAI’s new Resource Weekly. We will be covering the latest news in Mining, and Oil and Gas sectors every week. To continue to receive NAI’s Resource Weekly, please click Here to subscribe.  

Read more
Do NOT follow this link or you will be banned from the site!