Chinese mining news

Metso Outotec has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd on the delivery of environmentally sound technology for an iron ore pelletising plant to be built in south-west China.

Alien Metals Ltd has announced that since executing the earn-in agreement with Capstone Mining Corp., Capstone has completed their initial 2020 obligation of exploration expenditures and will advance to the next phase of the agreement.

Metso Outotec has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd on the delivery of new environmentally sound technology for Zenith’s (Zhong Tian) iron ore pelletising plant to be built in Nantong, China.

Metso Outotec has signed a contract with Zijin Mining Co. Ltd for the delivery of key minerals processing equipment to the company’s Qulong Copper Mine project in Tibet, China.

Doosan Infracore received large orders for medium-sized excavators from China, as the Chinese construction machinery markets began showing positive signs of recovery.

The novel coronavirus (2019-nCoV) is spreading quickly. There are now over 10 000 confirmed infections and the death toll exceeded 200 people on Friday 31 January.

Alrosa and Everledger’s WeChat Mini Programme could enable fully transparent diamond purchases.

Jiangxi Copper has announced that it will purchase the entire equity interest in PIM Cupric Holdings Limited.

Zijin Mining are set to acquire Continental Gold for CAN$1.4 billion.

Metals and mining industry mergers and acquisitions (M&As) worth US$1.9 billion were announced in September 2019.