Shandong Gold Mining has approved the sale of as many as 100 million yuan-denominated shares to buy five mines from its parent, Shandong Gold Mining Group.
The company, the second-largest listed miner of the metal in China, will sell the stock to ten investors, including its parent, which will buy at least half of the shares [...]

China and Indonesia signed a memorandum of understanding (MOU) on Saturday concerning cooperation in the energy and mineral resources sectors.
Chinese Vice Premier Huang Ju and visiting Indonesian President Susilo Bambang Yudhoyono attended the signing ceremony held at the second Sino-Indonesian energy forum, which opened in Shanghai on Saturday.
Huang said the forum will create a favorable [...]

Asia’s largest wind power generator in unit capacity recently went into operation on Dongshan Island, Fujian province in east China, according to the overseas edition of People’s Daily on Tuesday.
It can generate 70 million kilowatts/hour per year and has a combined installed capacity of 30,000 kilowatts. China Longyuan Electric Power Group Corporation and other enterprises [...]

China has raised the capital threshold for projects converting coal to liquid fuel to brake a possible overheating in the coal-chemical industry, as excessive development of the fossil fuel pollutes the environment and strains the water supply.
On July 7, the National Development and Reform Commission (NDRC), China’s industrial watchdog, issued a circular requiring local governments [...]