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 [...]

China aims to produce 193 million tonnes of oil and 92 billion cubic metres of natural gas by 2010, according to an energy blueprint released by the National Development and Reform Commission (NDRC) on April 10.
While the target represents a mere 5% growth in oil output compared to last year, or 2.12% in annual growth, [...]

China’s Jinchuan Group Ltd. said Monday it has fielded mining experts to Brookes Point in Palawan to study MacroAsia Corp.’s nickel mine site.
The diligence resulted from an agreement forged in a meeting between Jinchuan chairman and CEO Li Yong-Jun and business tycoon Lucio Tan that focused on the possibility of mutual cooperation between Jinchuan Group [...]

At least six people were injured Tuesday in an explosion at a China National Petroleum Corporation (CNPC) chemical plant in Lanzhou, capital of northwest China’s Gansu Province.
The blast occurred at about 3:15 p.m. when equipment exploded in a workshop of a synthetic rubber plant and fire broke out, according to local work safety authorities.
Firemen and [...]

Maxy Gold Corp. announced that Maxy and China’s Western Mining Group (”Western Mining”) have entered into a formal Joint Venture (JV) Agreement on the “HUANGNAN” Copper-Gold Project, located in Qinghai Province, China. This is the first Property incorporated under their Strategic Exploration Alliance Agreement announced on October 4th 2006. Maxy has signed four letters of [...]

Jinchuan Nickel Group’s proposed nickel mining project on Nonoc Island in the Philippines is on hold because its partner kept raising its terms on the back of a buoyant nickel market, a company official said today.
The negotiations have been difficult in [...]

BEIJING - A gas explosion trapped 35 workers underground on Tuesday at a coal mine in northwest China, Xinhua news agency said, the latest accident to hit the world’s deadliest mining industry.
The blast occurred at the Weijiadi coal mine in Baiyin city in Gansu, an underdeveloped province hosting part of the Gobi Desert, Xinhua said, [...]

Xinjiang Non-ferrous Metal Group, China’s second-largest nickel producer by reserves, plans to list its nickel business in Hong Kong to raise up to $200 million this year, the South China Morning Post said on Thursday.
High nickel prices should lend support to the share offering. The metal touched an all-time high of $26,850 a tonne on [...]

China, which plans to judge its officials on improvements in energy efficiency, has published a list ranking its provinces by how much coal and electricity they use to generate each dollar of national income.
Some of the country’s developed areas used only one-fifth as much coal per unit of output last year as poor, remote Ningxia, [...]