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                                         China`s NFC Agrees to Invest in Russian Lawmaker`s Zinc Project         
                                                                    Source: www.chinamining.org  Citation: Bloomberg  Date: May.02, 2012 China Nonferrous Metal Industry`s Foreign Engineering and Construction Co. agreed to acquire a 50 percent stake in Russian MBC Corp.`s Ozernoye zinc project in eastern Siberia, MBC said in a statement.

The Chinese company, also known as NFC, signed a framework agreement today at a Russia-China forum in Moscow in the presence of First Deputy Prime Minister Igor Shuvalov and Chinese Vice Premier Li Keqiang, according to the statement.

NFC preliminarily agreed to organize financing for the project, build a processing plant and take on the metal produced, the statement showed. MBC is controlled by Russian lawmaker and owner of the IFC Metropol brokerage Mikhail Slipenchuk.

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year.  As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2012 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 3-6, 2012. We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: www.chinaminingtj.org.  

                                                        China`s 10 nonferrous metal output up 5.8% in Q1            
                                                                 Source: www.chinamining.org  Citation: China Knowledge  Date: Apr.26, 2012 The combined output of the ten nonferrous metals was 8.4 million metric tons in the first three months of this year, up 5.8% year on year, according to the latest statistics released by the National Development and Reform Commission.

The growth was 3.5 percentage points lower than that in the same period of 2011.

The output of aluminum electrolytic rose 12.1% year on year to 4.59 million metric tons in the first three months, after rising only 1.6% in the same period of 2011. The output of copper and alumina saw slower growth of 9.8% and 7.9%, respectively.

The output of lead and zinc saw decline of 8.7% and 5.7% year on year in the period, after recording year-on-year growth of 31.4% and 11.4% in the first quarter of 2011.

In March, the prices of major nonferrous metals (excluding aluminum electrolytic ) saw increases compared with February. The average prices of copper and zinc futures on the Shanghai Futures Exchange stood at RMB 59,633 and RMB 15,628 per metric ton, up 0.4% and 0.7% from the previous month, but down 17.6% and 17.8% year on year, respectively.

The average price of aluminum electrolytic was RMB16,001 per metric ton, down 0.4% from February and 4.5% year on year.

About CHINA MINING Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year.  As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2012 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 3-6, 2012. We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: www.chinaminingtj.org.  

China`s iron ore imports down 3.2% M-0-M in Mar
Source: www.chinamining.org Citation: China Knowledge Date: Apr.18, 2012

China, the world`s largest iron ore importer and steel maker, saw its iron ore imports reach 62.87 million metric tons in March this year, according to the latest statistics released by the General Administration of Customs. The iron ore imports last month reflected a 3.2% decrease from the 64.98 million metric tons imported in the previous month. In January, China imported 59.48 million metric tons of iron ore. In the first quarter of this year, the country`s iron imports rose 6.02% year on year to 188 million metric tons. The average import price of iron ore dropped 13.46% year on year to US$137.09 per metric ton in three-month period. At present, iron ore stocks at China`s main ports stand above 95 million metric tons.      About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year.  As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises. CHINA MINING Congress and Expo 2012 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 3-6, 2012. We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: www.chinaminingtj.org.

                                China sees need to deepen cooperation with Africa in mining sector: Ministry  
                                                                    Source: www.chinamining.org  Citation: Platts  Date: Feb.06, 2013 China has identified a need to further develop practical cooperation with Africa in the mining sector, Wang Min, vice minister of land and resources, said at an industry conference Tuesday.
Photo by www.chinamining.org)
Wang Min, the Vice Minister of Land and Resources of China is giving a speech at
2013 Mining Indaba in Cape Town, South Africa on February，2013.

"We need to deepen mining cooperation with more international partners, and [within this] is an important agenda to establish stronger mining ties with Africa," Wang said.

"We welcome African mining companies to come and invest in China, and also encourage Chinese companies to expand mining businesses in Africa, to bring about better cooperation between our two countries in the mining sector."

 China`s mining projects in Africa currently account for 34% of its total mining investment projects and 22% of its total overseas mining investment value. Africa also ranks fourth in terms of China`s overseas investments.

Wang said there are increasingly more Chinese companies investing in Africa, seeing the value of the mining business there. Chinese companies that "have made headway in Africa" include state-owned trading enterprises China Minmetals Corp. and the CITIC Group.

"With African countries seeing robust development, recording an average growth rate of 5.5-6%, there is a lot of potential for investment by Chinese companies and joint implementation of mining cooperation between the two countries," Wang added.

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2013 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: www.chinaminingtj.org.