Toronto-based gold mining company McVicar Resources Inc said it signed a letter of intent with Northwest Sichuan Geological Team to acquire gold exploration properties in China in Sichaun pr... Read more
Analysts predicted aluminum prices will increase by an average 3.2% in the second half of the year, raising profits for producers of the metal, according to a Bloomberg report. Aluminum pric... Read more
LNM Group announced plans to construct a US$100 million steel plant in Yinkou, Liaoning Province. The Netherlands-based steelmaker will also establish marketing and purchasing business cente... Read more
Citic Pacific announced it has formed a US$29.8 million steel joint venture with Jiangyin Steel Mill in Wuxi. Citic will take an 80% stake, Jiangyin Steel 20% Read more
China Merchants Bank (CMB) began sales of two, five and ten ounce gold bars in Beijing and plans to expand sales to Shenzhen soon, allowing individual investors to invest in gold. Prices for... Read more
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