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China Mining News. Service for global professionals. Constantly updated news and information about China.
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Latest China Mining News

  • China defends policy towards foreign invest 4 Jul 2009 20:51 GMT
    ... a $2.4bn bid by Coca-Cola for top Chinese juice maker China said yesterday its policy toward foreign acquisitions ... tendencies around the world are rising with Beijing at the centre of anti-dumping accusations from ...

  • Region sees beginning of widespread energy boom 4 Jul 2009 17:31 GMT
    ... Greene County's Bailey Mine, the biggest underground coal mine nationwide. Western Pennsylvania "really is unique in ... sold outside the United States, mainly in China and Germany. German-owned Flabeg Corp., meanwhile, is building ...

  • Zimbabwe seeks Chinese investment in gold mines 4 Jul 2009 16:51 GMT
    ... gold mines. Recently, the government appealed to Chinese firms to invest in Zimbabwean mines, asking ... turnaround cannot be possible without foreign investment. Beijing and Chinese companies have pledged tens of ... materials for the world’s fastest-growing major economy. China’s trade with the continent has jumped by ...

  • Teck sells stake to Chinese firm 4 Jul 2009 16:11 GMT
    ... will sell the 17 percent stake to China Investment Corp in an effort to pay ... commodity companies. In the oil industry, the Chinese have become the most aggressive deal makers, ... president Fu Chengyu (³Å¦¨¥É) said yesterday in Beijing. Iraq plans to award contracts for oil ...

  • Government to spend NT$3bn on national park 4 Jul 2009 16:10 GMT
    ... lagoons and heritage industries such as salt mining and fish farming. It stretches from the ... includes the major sea routes that Han Chinese navigated from mainland China to Taiwan during the Ming and Qing ...

  • China defends M&A policy towards foreign investors 4 Jul 2009 13:30 GMT
    ... BEIJING - China said on Saturday its policy toward foreign ... from firms in the West that view Chinese competition as unfair. “We want to actively ...

  • China steelmakers working on lower ore price 4 Jul 2009 11:51 GMT
    ... nation's appetite for steel, he said. Major Chinese steelmakers under the China Iron and Steel Association reported a total ... iron ore price negotiation with global major miners, with China seeking to pay less for ...

  • TSX closes flat on low trading volume due to U.S. holiday 4 Jul 2009 10:20 GMT
    ... to 10,283.10 Friday, led by news that mining giant Teck Resources Ltd. has sold a ... it had completed a $1.74-billion private placement. China Investment Corp. will buy 101.3 million of Teck’s ...

  • Teck gets placement worth $1.74b 4 Jul 2009 10:20 GMT
    ... VANCOUVER — Mining giant Teck Resources Ltd. has struck a $1.74-billion ... also boost the Canadian company’s relationship with China. Vancouver-based Teck said Friday that China Investment Corp. ... to implement rolling shutdowns at its six coal mines, which will now be needed to run ...

  • China fund to buy $1.5 bn stake in Canadian miner 4 Jul 2009 09:20 GMT
    ... Beijing, July 04: China's sovereign wealth fund said it would buy ... billion worth of shares of the Canadian mining company Teck Resources Ltd. The purchase by ...

  • TSX ends week flat, despite good news from Teck 4 Jul 2009 08:50 GMT
    ... to 10,283.10 yesterday, led by news that mining giant Teck Resources Ltd. has sold a ... for now, to Japan's opposition to a Chinese push for a new super-sovereign reserve currency that ... (Canadian) or 8.1 per cent to $19.99. China Investment Corp. will buy 101.3 million of ...

  • China Investment takes $1.74 billion Teck stake 4 Jul 2009 08:50 GMT
    ... VANCOUVER–Mining giant Teck Resources Ltd. has struck a $1.74 ... also boost the Vancouver-based company's relationship with China. Teck said yesterday that China Investment Corp. will ... to implement rolling shutdowns at its six coal mines, which will now be needed to run ...

  • China Investment buying stake in Teck Resources 4 Jul 2009 07:36 GMT
    ... PM ET VANCOUVER, British Columbia (AP) - Mining company Teck Resources Ltd. says it is ... it is selling a 17% stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 ...

  • China steelmakers working on lower ore price-executive 4 Jul 2009 07:22 GMT
    ... * China steelmakers looking for lower ore prices in ... tonnes (For related stories click on [ID:nSP480484]) BEIJING, July 4 (Reuters) - China's steel industry ... nation's appetite for steel, he said. Major Chinese steelmakers under the China Iron and Steel ...

  • China takes minority stake in Canadian miner 4 Jul 2009 07:20 GMT
    ... China takes minority stake in Canadian miner Last Update: 10:16 AM ET Jul 3, ... on Wednesday fits with a pattern of Chinese firms buying up foreign companies or assets involved ...


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What technology holds the greatest potential for production of environmentally friendly cars that can be affordable to regular car buyers? (Jun. 10, 2009)








 

Quote of the Day

Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8321
EUR 1 = CNY 9.5509

Hong Kong Dollar:
USD 1 = HKD 7.7500
EUR 1 = HKD 10.8341

Macau Pataca:
USD 1 = MOP 7.9766
EUR 1 = MOP 11.1509

Taiwan Dollar:
USD 1 = TWD 32.8770
EUR 1 = TWD 45.9604

USD 1 = EUR 0.7153
EUR 1 = USD 1.3980

Closing Stocks:
Shanghai A: 3,242.10(0.92%)
Shenzhen A: 1,050.76(1.39%)
Hang Seng: 18,203.40(0.14%)
Taiwan Taiex: 6,665.40(-0.03%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Jul. 4

Do you know an important fact about China’s history that took place today? Send in your history for China to History Editor.
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