China's mining sector saw revenues increase 12.4-fold year-on-year in 2016, due to improved technology in prospecting and mining, said China's land resources minister Saturday.
[ferro-alloys.com] The Northern China import price of iron ore slumped on Tuesday after top supplier Australia raised concerns about the strength of demand from the country which consumes more than two-thirds of the seaborne trade.
[ferro-alloys.com] The Northern China import price of 62% Fe content ore slumped on Friday as the country's steelmakers stoke production ahead of mandated cuts going into winter which could result in a sudden drop-off in iron ore demand.
[ferro-alloys.com] The provisionally liquidated Mapochs mine has been sold under the hammer toInternational Resources Limited (IRL) of China, BiddersChoice MD Pieter Geldenhuysconfirmed to Mining Weekly Online on Friday.
[ferro-alloys.com] The People's Bank of China (PBOC) will carry out three tranches of reverse repurchase operations in open market on Friday, and no reverse repos are due today.