• CHINA - Shouguan exploration agreement

    China Shouguan Mining Corporation has signed an exploration agreement with the China National Administration of Coal Geology (CNACG). The CNACG, established in 1953, is under direct control of the Central Government and has discovered more than 800 billion tonnes of coal resources, providing the energy backbone for China's booming industrial growth.

  • CHINA - CDH takes Eastern Dragon stake

    Leading Chinese private equity company, CDH Investments, will acquire a 20% interest in Eldorado Gold’s Eastern Dragon project in Heilongjiang province, northeast China, for cash consideration of US$40 million.

  • CHINA - New vanadium production facility

    Green Standard Vanadium Resources Corp’s 90%-owned subsidiary Xichuan Vanadium Resources Co, based in Henan province, has received approval from the Chinese government to construct a new vanadium production facility.

  • CHINA - Trafigura to acquire stake in new smelter

    Trafigura Pte Ltd, a market leader in the global commodities industry, together with Trafigura Investment (China) Co Ltd, last week signed an agreement to acquire a 30% equity stake in the Jinchuan Group’s newly established copper smelter in Fangchengang, Guangxi province.

  • CHINA - Magnesite producer seeks ASX listing

    HuaYi Resources Ltd is moving toward a listing on the Australian Securities Exchange (ASX) as it progresses a $2.5 million initial public offering (IPO). Funds raised will be used for drilling and testing to validate Chinese mineralization estimates of the company’s Jincheng Magnesite Project in Liaoning province of northeast China.

  • CHINA-AUSTRALIA - Landmark cooperation agreement

    The Australia-China Business Council (ACBC) has entered a landmark cooperation agreement with six major stakeholder groups from Western Australia’s northwest, aimed at extending the strategic relationship between China and the region.

  • CHINA - Potential Galaxy transaction

    Galaxy Resources is in ongoing negotiations regarding a potential transaction which would strengthen the company’s balance sheet. Quotations on the company’s shares on the ASX have been suspended pending the result of the negotiations with the company requesting the suspension to end at the commencement of trading on Monday, February 17.

  • CHINA - Majestic reviews Songjiagou operations

    Majestic Gold Corp is reviewing operations at its Songjiagou Gold Project in Shandong province in an effort to more fully realize the potential of the mine. The company expects the review process will be completed during the third quarter of 2014, with the implementation of any necessary changes to begin during the fourth quarter.

  • Drilling success for China Shouguan

    CHINA Shouguan Mining Corporation, a US-listed gold mining, exploration and advisory company with operations in Shandong province, is conducting extensive exploration on two major veins at the Cunli-Ji (CJ) project. Sixteen drill sites at Cunli-Ji were found to contain gold and the company will release a formal exploration report once complete.

  • China Magnesium acquiring Fugu operation

    CHINA Magnesium Corporation (CMC) has entered into an agreement to lease and operate a semi coke, magnesium and tar oil operation in Fugu County, Shaanxi province. The 20-year lease and cooperative operating agreement is with the current owner of the operations, Shaanxi San Xin Co Second Branch.

  • Chinese provide valuable support to Grange

    CHINESE investment has played a major role in the success of Grange Resources at its magnetite mining and processing operations in northwest Tasmania and will contribute a great deal to the larger Southdown project in Western Australia.

  • CHINA - China Gold International growth strategy

    China Gold International Resources (CGI) is continuing to use the technical and operating experience of its controlling shareholder China National Gold Group Corporation (CNG) to improve operations at its mines and increase production while minimizing costs.

  • CHINA - Eldorado performance on track

    Eldorado Gold Corporation says its Chinese gold mines are on schedule to maintain the company’s 2013 production guidance. Figures from the quarter ending March 31, include production of 163,768 ounces, up from 155,535 ounces in the corresponding 2012 quarter, and gold sales of 189,346 ounces, a 9% increase on the same period last year.  1

  • CHINA - Exploration program kicks off at RZY

    A 10,000 metre surface diamond drilling program to test the extent of the known mineralized zone at New Pacific Metals’ newly acquired RZY Silver, Lead and Zinc Project has commenced.  1

  • CHINA - Silvercorp completes TLP underground programs

    Silvercorp Metals has completed an underground diamond drilling and tunnelling program at its TLP mine in the Ying mining district of Henan province.

  • CHINA - Drill program completed at Beiya and Habo

    Additional drilling programs at Asia Now Resources’ Beiya and Habo projects in Yunnan province have confirmed positive intercepts in a small number of holes. 25 core holes were drilled at Beiya and 4 core holes and one trench were completed at Habo.  1

  • CHINA - Jiangsu plant achieves production increase

    Galaxy Resources has achieved a solid month of production at its Jiangsu lithium carbonate plant in China since the operation re-started in February. For the month of March the plant produced 425 tonnes of lithium carbonate.  1

  • CHINA - China Gold helps with Tibet landslide

    China Gold International Resources and its controlling shareholder China National Gold Group Corporation have deployed machinery and team members to help free the bodies of mine workers buried at Ze Ri Mountain in the Tibet Autonomous Region after a major landslide which is believed to have cost 83 lives. The landslide occurred on March 29, dumping about 2 million cubic metres of rock and debris over an area 3km in length near Si Bu village.  1

  • CHINA - New veins identified at Silvercorp’s GC project

    Ongoing infill and step-out drilling has led to the discovery of several new mineralized veins, including an intersection of 33.29 metres @ 151 grams/tonne silver, 0.68% lead, 1.51% zinc and 0.3% tin at Silvercorp Metals’ GC project in Guandong province. Other highlights include 3.5 metres @ 460 grams/tonne silver, 1.2% lead, 2.95% zinc and 0.86% tin, and 3.76 metres @ 609 grams/tonne silver, 0.41% lead, 0.56% zinc and 0.03% tin.  1

  • CHINA - Galaxy secures three year spodumene supply

    Galaxy Resources has secured a three year supply of spodumene from a Western Australian mine to feed its Jiangsu lithium carbonate plant in China.  1

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