CNOOC trials new oil field in South China Sea
China National Offshore Oil Company Limited (CNOOC Ltd.) announced on Wednesday that it had begun trial production at a new oil field cluster in the South China Sea.
Jiangxi Copper to Expand Capacity at Dexing Copper Mine by 30%
Jiangxi Copper Co., China's second biggest producer of the metal, will expand the capacity of its Dexing Copper Mine by 30 percent, as it seeks to increase self- sufficiency in raw materials.
China National Gold wins Yangshan Gold Mine bid for US$318 mln
China National Gold Group Corp, the country's largest gold producer, has won exploration rights for Yangshan Gold Mine, the largest prospected gold deposit in China, said a source close to the situation Friday.
Sinosteel seeks Australian approval
Sinosteel Corp, China's second largest iron ore trader, is seeking Australian approval to take a "substantial" stake in Murchison Metals Ltd, which may allow it to control a A$3 billion ($2.9 billion) mining project.
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