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Hottest news review on Chinamining.org in June, 2014
To review the most popular news and the key events on Chinamining.org in June, 2014? Please click here.

China's iron ore lump demand pushes spot price higher for fifth week
Spot prices of seaborne iron ore lump gained for the fifth week to the highest since May 7, as the economics of using the feed drew sustained demand from Chinese steelmakers.

China's gold output up 9.5% in H1 at 211 metric tons
China saw its gold output increase by 9.47% year on year to 211.07 metric tons (MT) in the first half of this year, according to statistics released by China Gold Association.

Beijing closes coal plant
Beijing closed a large coal-fired power plant on Wednesday, replacing it with a gas-fired one to cut pollution.

Headlines

· Hottest news review on Chinamining.org in June, 2014

· China-Venezuela oil refinery builds petrochemical zone

· US to keep antidumping duty orders on steel threaded rod, malleable iron pipe fittings from China

· Beijing closes coal plant

· China coal demand to peak by 2020 - Standard & Poor

· US to keep antidumping duty orders on steel products from China

· China aluminium surplus likely to cap price rally: Clyde Russell

· China to provide Venezuela loan for mineral survey

Int'l Highlights

· Japan's spot aluminum imports stall on high prices, heavy stocks

· BHP posts record Australian iron ore production

· London Metal Exchange traders fined for standing up

· US stainless steel surcharges mostly flat in August

· Indonesia's new president says he will sit down with miners

· World steel output up 3.1% year on year in June: WSA

· Russia to consider gas exports by independent East Siberian producers: report

· Kumba First-Half Profit Falls 16% as Iron-Ore Prices Slump

Mining Market

· China's iron ore lump demand pushes spot price higher for fifth week

· China's gold output up 9.5% in H1 at 211 metric tons

· China's crude oil output up 0.5% in H1 to 103.77 mln tons

· China's natural gas output up 7.5% in H1 at 63.2 bln cu m

· China's oil imports from Iran rise nearly 50 pct Jan-June

· Chinese market sees room to import low-CV Indonesian thermal coal

· China Hebei's June steel output dips 5.5 pct on month

· China iron ore, steel extend losses to hit 1-month lows

New Energy

· China urges local govts to buy more new-energy cars

· Offshore wind power target elusive

· China's second biggest hydro plant completed

· China's second-largest hydropower station in full operation

· China leads in trade of renewable energy products: UNEP

· Wind power price set

· Yingli expects higher demand in China

· Clean energy will have to play dirty to take on established players

Macroeconomic

· China deepens ties to Brazil, plans to build railways

· China's Tianjin extends carbon deadline again

· China, US will enhance energy cooperation

· China, Myanmar vow to well implement cooperation agreements

· China's small commodity traders at risk if banks tighten financing

· China preparing to evacuate some workers from Iraq

· China sets tariffs for offshore wind power generators

· China Focus: China launches all pilot carbon trading schemes

Related industry

· Additional funds for new-energy vehicles from 2016

· China to spend over $50 billion on 14 railway projects: report

· China's chemical industry's output up 11.2% in Jan-May

· China's cement output up 4.1% in Jan-May at 908 mln tons

· China's building materials sector weakens

· China to unveil petrochemistry development plan

· China to unveil petrochemistry development plan

· Building materials falter as housing market cools

Investment News

· Chinese firm to invest funds in Zambia's mineral exploration works

· MMG gets a step closer to sealing $5.9b Las Bambas buy

· PanAust Says Global Copper Producers May Rival Guangdong Bid

· Aurizon, Baosteel to buy Aquila after raising stake

· China's Chalco, Jinjiang ink JV to build 800,000 mt/year Qingzhen alumina plant

· Chinese petroleum firm opens training center in Gabon

· China state gold co. sees ties with Barrick on non-core assets

· China's Shenhua, Russian Rostec sign MOU to develop Siberian coal deposits

Companies News

· China gold producer Zijin says net profit up 1.3 pct in first half

· Nuclear power contractor seeks merger with energy giant

· China Shenhua Energy's output down 2.7% in Jun 25.7 tons

· China Coal Energy's coal output up 11.3% in Jun at 10.4 mln tons

· China's MMG cuts its 2014 zinc output forecast on rising prices

· Vice-head of China Valin Steel in bribe probe - prosecutor

· Sinopec's Fuling verified as nation's first large shale find

· CNPC ends drilling off Xisha Islands

Policy News

· China to end imported steel tax policy

· Rare earth quotas, tariffs 'set to end'

· China to change coal tax to price basis this year: Tax chief

· China scraps tariffs on oil exploration facilities

· China's commerce ministry to weigh in on global mergers with new rules

· China's coal tax reform on track

· China tightens rules for coal industry

· China Drafting Rare Earth Rules on Mining, Association Says

     
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