Inside China, the focus is on fostering mining activities, improving the efficient use and preservation of minerals, upgrading industrial structures, advancing innovation, and …

During 2023, the leading merger and acquisition (M&A) deal within China's mining industry was the acquisition of Shandong Iron and Steel Group Rizhao by Baoshan Iron & Steel. This acquisition...

This year alone, Zijin Mining Group Co. initiated plans to buy a 15 per cent stake in Canadian copper company Solaris Resources Inc., Ganfeng Lithium Group Co Ltd. moved to take a 15 per cent stake in Vancouver-based Lithium Americas Argentina Corp. and Yintai Gold agreed to buy gold explorer Osino Resources Corp. for $368 million.

In October 2023, China produced over half of the world's steel. Eight of these nine mining companies in China are included in PwC's 2020 list of the 40 largest mining companies in the world.

China's miners, most of which are state-backed, have become the biggest investors in Congo as the world's second-largest economy aggressively pursues copper and cobalt supplies for its rapidly ...

Kolwezi has some of the world's largest copper and cobalt reserves and that makes it a key location at the heart of the U.S. and China's jostle for mineral supremacy on the African continent.

Ottawa cracked down on mining deals involving foreign state-owned entities in 2022 in a move widely seen as targeting China's influence in the global critical minerals supply chain.

After a three-decade exploration and acquisition blitz, Zijin Mining Group is digging up gold, copper and lithium across multiple continents.

While Shougang was long China's largest investment in Peru, it was surpassed by Chinalco's $2.2 billion purchase of the Toromocho mine in 2008. Toromocho, still in the construction phase, is scheduled to begin operations by the end of 2013. ... "There is a learning curve for Chinese companies and all mining companies have learned from the ...

Canada's government will buy stockpiled rare earth materials from Vital Metals Ltd. in a deal that prevents the company from selling its production to a Chinese buyer.

The Biden administration has held talks with three firms in recent weeks about purchasing one of the world's largest non-Chinese cobalt producers, according to people familiar with the matter ...

In China, mining rights are, in most cases, assigned to applicants through a public bidding or tender offer process. ... They are also required to purchase mining safety insurance for the mine. Mining companies must establish a hidden danger screening and management system and report any hidden danger to the authorities once such danger is ...

US-based gold major Newmont has agreed to sell its Akyem mine, in Ghana, to Chinese mining giant Zijin Mining for up to $1-billion in cash. The sale forms part of the miner's ongoing strategy to ...

Jinteng Mining, a subsidiary of the Chinese mining giant Zijin Mining Group, has initiated a judicial review against the Canadian government. The review challenges Ottawa's decision to scrutinize the sale of a gold mine in Peru, a transaction that Jinteng secured earlier this year. ... Jinteng Mining's purchase of the gold asset from Pan ...

In China, Yunnan Lincang Xinyuan Germanium Industrial Co. surged by 10%, the daily limit, while Yunnan Chihong Zinc & Germanium Co. rose as much as 7.8%. In Sydney, Lynas Rare Earths Ltd. advanced ...

The Chinese company will set up a project company to buy the stake for US$1 from EMR Capital and pay another US$1 to buy off the company's US$857 million debt. Zambia is Africa's second-largest ...

The Chinese giant started to purchase the Australian firm's ore — before taking a 20% stake for $26 million in 2018. "That was really the genesis of the relationship," Werner said.

In a latest test of Canada's new rules, China's state-owned Zijin Mining Group last month offered to buy a 15% stake in Solaris Resources Inc for C$130 million.

Since 2006, China has been implementing Mine Environment Reclamation Bond system, which will subsidize purchase of technologies, products and services for mining environment protection. 2. Market and Sector Challenges (Strengths and Weaknesses)

CGN Mining Company, a subsidiary of China General Nuclear Power with a 11.26% stake in Fission Uranium, is obstructing the tie-up. ... Paladin moved in June to buy the Canadian miner for C$1.14 ...

To complete that deal, China Molybdenum sought a partner to buy out a minority stakeholder in the mine, Lundin Mining of Canada. Hunter Biden's BHR did so for China Molybdenum with $1.14 billion — which came entirely from Chinese state-backed companies — signing an add-on agreement that allowed China Molybdenum to buy BHR's share ...

"The importance of critical minerals for China has driven an acceleration of Chinese investment into the mining sector, both domestically and internationally," says Dhir, who adds that Chinese investment into the metal …

Chinese investors have been among the most active in Canada's mining industry, plowing C$21-billion between 1993 and 2023, according to data from The China Institute. Last year, copper companies ...

Zijin Mining will purchase 32.7-million shares out of nearly 97.1-million common shares of the Vancouver, Canada-based company at C$1.75 a share, coming to nearly C$57.3-million upon completion of ...

Solaris Resources said on Thursday that Chinese mining firm Zijin Mining Group plans to acquire a 15% stake in the Canadian miner for about C$130 million ($96.99 million), in a deal that would ...

Australian iron-ore major Fortescue will buy more than 100 zero-emission heavy mobile mining equipment items under a deal with Chinese heavy machinery manufacturer, XCMG. The contract, with a ...

The China-Africa Industrial Cooperation Fund, which is funded by the State Administration of Foreign Exchange and China Eximbank, has entered a $200 million facility agreement for Chinese-Singaporean conglomerate SMB-Winning to purchase bauxite from Guinea. Chinese firms have invested significantly in infrastructure such as railways and ports ...

A subsidiary of a Chinese state-owned mining firm says Canada is wrongly considering a national security review in its agreement to purchase a gold and copper mine in …

A subsidiary of a Chinese state-owned mining firm says Canada is wrongly considering a national security review in its agreement to purchase a gold and copper mine in Peru. In May, Vancouver-based ...

For example, in 2008, the DRC's newly elected government signed an infrastructure and mining deal with China that was worth $6 billion. 9 The funds—which would be equally split between mining and infrastructure development—established China as a major investor in the DRC, especially at a time when the DRC's gross domestic product was ...