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Most popular news from Chinamining.org in January, 2016
To review the most popular news in China's mining industry in January, 2016

China's Gold output down 0.4%
China, the world's top gold miner and consumer, produced 450.05 tons of the precious metal in 2015, down 0.4 percent from a year earlier, the country's gold industry body said on Wednesday.

Xinjiang's daily natural gas output passes milestone
Xinjiang has become the second Chinese province or region to produce over 100 million cubic meters of natural gas in a single day, having done so for four consecutive days.

China's new wind power capacity hits record high
China's newly installed wind power capacity reached a record high in 2015 amid increasing efforts from the government to boost clean energy.

Headlines

· Most popular news from Chinamining.org in January, 2016

· China to boost crackdown on illegal rare earth mining

· Shanxi¡¯s crumbling mining industry leaves trail of layoffs, unpaid workers

· Analysis: China's apparent oil demand posts fastest growth since 2011

· China unveils first oil spill response plan

· Steel sector deep in the red as overcapacity persists

· China should consume more natural gas to control air pollution: expert

· Coal giants say they¡¯ll close over Lunar New Year holidays

Int'l Highlights

· Dong Energy to build world's largest offshore wind farm in UK

· Venezuelan, Russian oil officials discuss oil price stabilization

· Scottish gov't announces more support package to oil, gas industry

· Canada's Royal Nickel turns producer with two acquisitions

· Zambia hikes electricity prices for mining companies - sources

· Japan's top steelmaker cuts full-year profit forecast

· South African 2015 thermal coal exports up 1.3% year on year to 75.4 mil mt

· Iranian oil tanker leaves sea storage fleet for China

Mining Market

· China's Gold output down 0.4%

· Xinjiang's daily natural gas output passes milestone

· China's natural gas demand to hit 200 billion cubic meters

· China's iron ore, steel futures give back gains

· China's 2015 ferromoly exports fall 49% on year to 793 mt despite tax removal

· As China coal imports fall, Australia comes out ahead

· China's 10 nonferrous metal output up 5.8% in 2015

· China's run-of-mine iron ore output falls 7.7% on year to 1.38 bil mt in 2015

New Energy

· World Bank loans finance Hebei clean heating system

· China's new wind power capacity hits record high

· China 'rock star of clean energy investment': expert

· N.E. China tests heating using abandoned new energy to ease smog

· China ready to promote use of renewable energy: official

· CNPC, BAIC plan joint drive to promote new-energy cars

· Shale gas industry on the rise in China

· Xinjiang's installed new energy capacity exceeds 24 mln kw

Macroeconomic

· Heavy losses seen among firms with excess capacity

· Third of listed centrally owned SOEs predict losses in 2015

· Smog and the challenges posed by China's coal-powered economy

· Gov't sets eliminating outdated capacity 'a priority'

· Drop seen in industrial profits

· Hebei firms invest in 'Belt and Road' markets

· China's economic growth down but within 'reasonable' range

· Belt and Road initiative to promote China-Iran cooperation

Related industry

· China's power use may rise mildly in 2016

· China invested $125b in railway development in 2015

· China's building materials output down 5.3% YoY from Jan to Nov in 2015

· Beijing New Building Materials eyes growth from green efforts

· Cement maker 'at risk' of new default

· Combined coal, wind power grid approved for national pilot program

· Railway in resource-rich area opens in NW China

· China's building materials sector remains weak

Investment News

· Chinese company signs oil exploration contracts with Ecuador

· Chinese firm to build hydropower station in Guinea

· Congo state miner signs MOU with Chinese firm to raise copper output

· Sinosteel wins mining rights of the largest iron-ore resource in the world

· China's state grid to develop global energy interconnection

· MMG says ships first copper from Peru's Las Bambas mine to China

· PetroChina, Chevron Begin Gas Project Production Eight Years After Agreement

· CGN Mining acquires stake in Canada-based Fission Uranium

Companies News

· China's Shenhua aims to more than double coal exports in 2016: source

· PetroChina slides after profit alert

· China CNPC's overseas oil, gas output growth expected to slow on capex cuts

· CNPC to boost natural gas output this year

· Jiangxi Copper revenue down 3% as copper drops 27.5%

· Jiangxi Copper revenue declines in 2015

· China Nuclear to bring nuclear power to Saudi Arabia

· China's CNOOC cuts 2016 output target up to 5% to 1.28-1.33 mil boe/d

Policy News

· China issues 20.93 mil mt product export quota in 1st 2016 round, up 115% on year

· China's export tax cuts could worsen global steel, chemical gluts

· China abolishes ban on silver concentrate ore imports, unwrought bismuth exports

· China to further open up oil, power, telecom sectors

· China passes new pollution law, sets sights on coal consumption cap

· China lawmakers discuss new pollution bill, coal cap clause expected

· Rules eased on imports of crude oil

· China unveils new energy micro-power grid guidelines

     
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