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Teck Resources Ltd , Newmont Mining Corp , private equity firm Blackstone Group LP and a firm led by the former head of Barrick Gold are working together on a bid for Glencore Xstrata's Las Bambas copper mine in Peru, according to several people
Giving prominence to the market will help tackle industrial overcapacity and transform the current growth model, experts said. Tuesday's communique after the Third Plenary Session of the 18th Communist Party of China (CPC) Central Committee stressed
Chinese stocks have had a topsy-turvy week in the wake of China's Third Plenum, an important policy and economic meeting that has revealed numerous big clues as to where this growing economy could be headed. HSI ) picked up more than 1% to end
Australia's mining sector is expected to suffer from China's economic downturn, says a new report. "With China's economy on course for a rude slowdown over the coming years," says the report, released Monday by London-based research consultants
There are four other UK companies that have received monies from China, but are not included in the list as the money went into divisions based overseas...In 2008 and 2009, Aluminium Corporation of China (Chinalco) made two investments totalling $14.
It's been a long time since China's double-digit economic growth became the envy of nations across the world...According to Monday's report, the country's GDP grew by 7.5% in the second quarter -- still a very good number and among the best in the
Wednesday that it will temporarily close some electrolytic aluminium production lines in a bid to shore up prices. The lines involved have an annual output of around 380,000 tons, according to the announcement...A-share price lost 1.48 percent,
The assets being sold are held by nine subsidiaries, including producers in the Southwest and Northwest China, eight of which registered considerable losses in the past year. In 2012 Chinalco posted a total loss of 8.23 billion yuan, a record low
Shareholders determined to block Rio's planned $US19.5-billion ($A29.7 billion) deal with the Chinese state-owned metals group have offered to back a rights issue if it would encourage a new bid from BHP, Britain's The Sunday Telegraph reported. "We
The penal action against Samsung and LG, and four Taiwan companies, earlier this month for manipulating the prices of LCD panels on the Chinese mainland sent another signal to multinational companies to abide by China's Anti-Monopoly Law.