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Most popular news from Chinamining.org in August, 2016

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Updated: 2016-09-02 08:50
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    Comprehensive news

    Chinese enterprise to boost green, sustainable energy development in Pakistan under CPEC

    China will help boost green, low-carbon and sustainable energy development to address power shortage in Pakistan, vowed a Chinese entrepreneur on Monday on the occasion as the two-day China-Pakistan Economic Corridor (CPEC) Summit and Expo are being held in Islamabad.

    China, Turkmenistan pledged more cooperation in energy, trade

    China and Turkmenistan on Tuesday pledged prioritization of cooperation in energy, trade, culture and security.

    Major steel companies see profits surge, pressure remains

    China's major steel companies saw a profit turnaround in the first half (H1) of 2016, but the pressure of cutting overcapacity in the sector remains.

    Inner Mongolia to shut down 65 coal mines by 2020

    Inner Mongolia plans to shut down 65 coal mines with a combined capacity of 54.1 million tonnes by 2020, a local official said Tuesday.

    China-Russia oil pipeline fuels trade

    A new China-Russia oil pipeline will help guarantee China's oil consumption and, cut its transportation costs, said Gao Jian, an oil analyst at commodities consultancy Sublime China Information Co Ltd.

    Market

    China's crude oil output down in July

    China's crude oil output dropped 8.8 percent year on year to 16.64 million tons in July, data from the country's top economic planner showed.

    Merge and acquisition

   China's HeSteel breathes life into old steel factory in Serbia

   As Chinese steel giant HeSteel increases production at the Smederevo Steel Mill in Serbia, its 5,000 workers are feeling more confident of the future and believe their families will improve their living standards once the factory starts working at full capacity.

    Jiangxi Copper to Target Overseas Deals After Profit Slumps

    Jiangxi Copper Co., China's biggest producer, said it will step up overseas mergers and acquisitions after low metal prices eroded profit by more than a third.

    Companies

    Zijin Mining's profits plunge 60 pct

    Zijin Mining Group, China's largest listed gold producer, has announced that its net profits plunged nearly 60 percent during the first half despite higher metal prices.

    Policy

    China drafts new rules to curb mining pollution

    China plans to raise environmental standards in its highly-polluting mining sector, according to a policy draft circulated by the Ministry of Environmental Protection.

   

 

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