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Top news review on Chinamining.org in May, 2015
To review the most popular news and the key events on Chinamining.org in May, 2015? Please click here.

Steel firms slip into red as glut persists
Most of the steel companies listed on the A-share market have seen a sharp erosion in profits during the first six months of the year, due to the glut in domestic production.

China's top steel producer Baosteel ekes out first-half profit
Baoshan Iron & Steel , China's biggest listed steel company, reported a modest increase in first-half profit on Monday, citing easing demand in its domestic market.

China's first high-temperature, high-pressure deepwater well complete
China National Offshore Oil Corp.(CNOOC), China's largest producer of offshore oil and gas, said Monday that it had completed drilling of the country's first high-temperature, high-pressure deepwater exploration well.

China approves crude import licenses for two independent refineries
China's Ministry of Commerce has approved the first two crude import licenses for independent teapot refineries, easing restrictions on trade previously handled by several state-owned companies.

Today's headlines

· Yuanba gas field plans to go into full production

· Coal hub seeks its place under the sun

· China woes slash profits at Australia iron ore miner Fortescue

· China tests deep-sea mining exploration vehicle

Int'l Highlights

· S Korea July thermal coal imports down 1% on year to 8.55 mil mt

· Ukraine's reserves of coal at thermal power plants up 3.1%

· Chile sees copper recovering by late 2016 as deficit returns: minister

· Gold down on China interest rate cut

Specials

· China Mining 2011

· China Mining 2010

· 2010 Iron Ore Price Talks

· China Mining 2009

     
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