Manganese – Shanghai Metals Market reported that in January, China imported 1.54 million metric tons (MT) of manganese ore. That's an 11-percent decline from the previous month.
Articles Tagged "China"
Platinum – Strikes at South Africa's top platinum mines have prompted China's Long March Capital to look into buying platinum assets in the country. Trade unions, however, do not like that idea.
Magnesium – Platts reported that according to China's General Administration of Customs, in January, the country's exports of unwrought magnesium with a minimum magnesium content of 99.8 percent increased 59.2 percent from the previous year.
Iron – Mining Weekly reported that falling steel prices in China have brought iron ore prices down to their lowest level since July. Overall, spot iron ore has sunk almost 11 percent in 2014.
Silver – This morning, silver fell 0.8 percent, or $0.17, to trade at $21.78 an ounce. The white metal hit its highest price since October 31 in the previous session.
Gold – Today, gold fell 0.2 percent, or $2.67, to $1,334.80 an ounce; meanwhile, US gold futures for April delivery dropped $2.70, to $1,335.10.
Gold – Eldorado Gold Corp. (TSX:ELD,NYSE:EGO) announced that China's CDH Investments will be acquiring a 20-percent interest in the Eastern Dragon project for US$40 million.
Rare Earth – Xinhuanet reported that according to a report from China's Ministry of Information and Technology, in 2013, the country's rare earth industry suffered a 28.1-percent drop in profits.
Silver – Today, silver rose 1 percent, or $0.22, to trade at $22.03 per ounce. Earlier in the day, it hit $22.16, its highest price since October 31.
Manganese – Metal Bulletin reported that manganese ore prices are holding today as large miners not keen on cutting prices and Chinese buyers not willing to pay those prices continue their standoff.