2012-11-29
CITIC Pacific has hosed down speculation the companys Sino Iron project in the Pilbara faces operational issues amid talk the troubled $8 billion iron ore venture may be unable to produce the planned-for grade of magnetite concentrate. Sino...
2012-11-09
Now is a good time to further liberalize Chinas thermal coal pricing scheme, experts said Wednesday, as domestic thermal coal prices have been falling since the beginning of the year amid the economic slowdown. Shanghai Securities News repo...
2012-10-15
Chinas Cathay Fortune Corp and China-Africa Development Fund have made a takeover offer to acquire all shares in Australias Discovery Metals for A$829.60 million ($851.50 million), the company said Friday. The offer price assumes 488 millio...
2012-08-30
China Shenhua Energy, the countrys largest coal producer that also owns power plants, railways and ports, posted a 17 percent rise in net profit for the first half of 2012, beating forecasts, on higher sales despite a weakening coal market....