Silver Dragon Resources Inc. announce that Gansu Shengda Group Ltd., a private Chinese conglomerate, has agreed to acquire 52% of the equity interests in Sanhe Sino-Top Resources & Technologies, Ltd. from Huaguan Industrial Corp., Silver Dragon’s state-owned Chinese joint venture partner.
Shengda and HIC have entered into an agreement whereby HIC will transfer 52% of its [...]
ShengdaTech, Inc. a leading manufacturer of nano precipitated calcium carbonate (NPCC) in the People’s Republic of China (PRC) and a major manufacturer of coal-based chemical products in Tai’an City, Shandong Province, PRC, today announced that the Company expects to close the acquisition of Jinan Fertilizer Co., Ltd., before the local government’s mandated closing of [...]
Continental Minerals Corporation announces agency approval has been received for the Land Reclamation Report for the Xietongmen Project in the Tibet Autonomous Region, China.
Finalization of the Land Reclamation Report moves Continental one step closer to achieving the legal authorization and social license required to successfully develop the Xietongmen Project. Returning affected lands to a productive [...]
Trade Winds Ventures Inc. announce the commencement of the 2008 exploration program on the Tuole Gold project, Xinyuan County, Xinjiang Uygur Autonomous Region, P. R. China.
Xinjiang Entercor Mining Corp. (”Xinjiang Entercor”), a Joint-Venture Company between Western China Mining Corp. (80%), a Trade Winds subsidiary, and Xinjiang Dadi Mining Technology & Development Corp. (20%) is currently [...]
Soaring oil and food prices lifted inflation to record levels in Europe on Wednesday and posed a serious threat to governments worldwide amid expert warnings of social upheaval.
Record inflation has spared neither rich nor poor countries as food and energy prices have surged worldwide with booming demand in fast-growing Asian countries such as China and [...]
China’s largest nickel producer, Jinchuan Group Ltd, has taken a 11 per cent equity stake in Perth-headquartered nickel explorer and producer Fox Resources Ltd.
The news sent Fox shares north, up 15 cents, or 30.93 per cent, to 63.5 cents at 1229 AEDT on Monday.
Jinchuan secured statutory approvals from the Chinese Government and the Provincial Government [...]
The China Iron & Steel Association (CISA), a semi-official industry organization, has denied media reports that Australia’s largest miners BHP Billiton Ltd and Rio Tinto Ltd have been banned from selling iron ore in China.
CISA vice chairman Luo Bingsheng said there was no such ban at a media briefing here.
However, Luo also told reporters that [...]
Australia’s largest mining companies BHP Billiton and Rio Tinto have been barred from selling iron ore on China’s daily spot market, a report said Tuesday.
The Sydney Morning Herald reported that the lockout was being managed by industry arms of the Chinese government and had already cost the miners millions of dollars in exports.
“Neither BHP Billiton [...]
Synthesis Energy Systems Investments, Inc., a subsidiary of Synthesis Energy Systems, Inc. (”SES” or the “Company”) (OTC: SYMX), a coal gasification company involved in the conversion of low cost fuels into clean energy and chemical products, and Inner Mongolia Golden Concord (Xilinhot) Energy Co., Ltd., a subsidiary of Golden Concord Holdings Ltd. (”Golden Concord”), a [...]
Iron ore infrastructure group Yilgarn Infrastructure Ltd. said the Export-Import Bank of China had signed a letter of intent to provide A$1.5 billion ($1.3 billion) in debt financing for its planned Oakajee port and rail project in Western Australia.
Yilgarn, which plans to list on the Australian Stock Exchange, is carrying out a feasibility study [...]
