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Cheaponsale.com Reports China Minmetals Urges Industry Leaders To Diversify Iron Ore Sources

China Minmetals, the country's largest state-owned metals trader, has urged industry leaders to diversify iron ore supply and improve negotiation tactics to reverse China's unfavorable position in global iron ore deals, China Daily reported Thursday.

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China's Minmetals considers investment into Marampa project in Sierra Leone: report

China Minmetals Corporation, the country's largest state-owned metals trader, had said it was conducting research on a London Mining iron ore project in Sierra Leone and has not signed any cooperation deal for the same, China Daily reported on Saturday. The statement came after London Mining said Friday that it held talks with Minmetals and Sinosteel Corp., China's largest iron ore trader,...

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China Minmetals Eyes Gold Mines In Australia, Canada

Chinese state-owned metals trader China Minmetals Corp. is looking to buy gold mines in Australia and Canada, a senior executive said at an industry forum in China’s port city of Tianjin on Thursday, reported Reuters. Separately, a Minmetals executive at the China Mining conference said on Wednesday that the company would launch construction at its Galeno [...]

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No political hurdles for Centrex Metals' China marriage

The same scenario saw the Prominent Hill copper-gold mine excised from the takeover of OZ Minerals' mining and exploration assets by China's Minmetals for A$2.6 billion (US$2.35 B), for Prominent Hill - now the only asset of the re-shaped OZ Minerals - was also considered to be close to Defence Department facilities, which just happen to have been used to house asylum seekers and other illegal...