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  • July 11, 2014
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  1. Business - China Business

    Zinc hungry China asks Canada to back giant mine

    Posted Jan 05th 2013, 02:07pm by Agence France Presse in Ottawa

    ... Agence France Presse in Ottawa With zinc sources drying up and demand forecast to surge, resource hungry China is looking to Canada to approve two giant mines and close the gap ... dollar mines be built and Canada’s government is considering granting regulatory approval for the project. The plan would involve the partial draining of several lakes to access vast zinc ...

  2. Business - Commodities

    Just-in-time deliveries spur metals hedging

    Posted Jul 02nd 2014, 01:44am by Eric Ng

    ... ordering metal only when it is needed, forcing suppliers to hedge their exposure on the commodities market, according to zinc and nickel alloys distributor and maker Lee Kee Holdings. "Due ... than 70 per cent of the mainland's zinc-alloy imports, last year became one of about 50 trade members of the London Metal Exchange, which was acquired by Hong Kong Exchanges and Clearing ...

  3. Business - Comment - MONEY MATTERS SHIRLEY YAM

    Mainland alchemists turn damaged zinc into solid gold

    Posted Dec 22nd 2012, 12:00am by Shirley Yam

    ... damaged zinc into solid gold China has been telling the world not to worry about the bad debt of its banks. Central bankers reassure us the situation is manageable. Sceptical foreign investors ... of China (MCC) is most telling. Its subsidiary defaulted on a one billion yuan loan and had guaranteed 90 per cent of a 2.5 billion yuan overdue loan of an associate, Huludao Zinc Industry (HZI). ...

  4. Business - Companies

    Storms shut Australian iron ore ports, stop zinc shipments

    Posted Jan 23rd 2013, 01:29pm

    ... cyclone strength and forced China’s MMG to temporarily halt shipments of zinc concentrate from its Century mine, the second-largest zinc mine in the world. The storm crossed the Queensland state coast with heavy rain and wind gusts of up to 100 kph (60 mph). It is forecast to move further inland before tracking south on Wednesday. MMG has also restricted zinc processing at its mine, ...

  5. Sungreen to buy more metal mining assets

    Posted Feb 14th 2008, 12:00am by Carol Chan

    ... HK$892.5 million for a 75 per cent stake in Tianbao Mining, which has zinc and lead mines in Wulatezhong Qi, Inner Mongolia. The deal will be settled mainly by convertible bonds and new shares as well as a cash portion of HK$30 million. Mr Tsang said Tianbao, which has proven reserves of 31.08 million tonnes of zinc, 10.83 million tonnes of lead and 41.89 million tonnes of sulphur ...

  6. Zinc

    Posted Jun 14th 2012, 12:00am

    ... Amy Russell G/F, 35 D'Aguilar Street, Lan Kwai Fong, Central Tel: 2868 3448 The vibe: right on the Lan Kwai Fong strip, this dimly lit, Buddhist-themed bar spills out on to the pavement, with a few outdoor tables so you can watch the action unfold on ...

  7. Collapse of waste-water treatment pool for zinc and lead mine poses threat to major drinking water source near Shanghai

    Posted Jul 17th 2010, 12:00am by Staff Reporter

    ... Alice Yan A leak from a zinc and lead mine is threatening to contaminate Qiandao Lake, a famous resort near Shanghai and a major source of drinking water. The accident happened at noon on Thursday when pipes under a waste-water treatment pool, owned by the Hangzhou Qiandao Lake Mine Products Company, cracked after becoming blocked due to heavy rain. Part of the pool collapsed, ...

  8. Western Mining pares lead and zinc forecasts

    Posted Jul 31st 2008, 12:00am by Carol Chan

    ... Carol Chan Western Mining, a key lead and zinc miner on the mainland, yesterday cut its production forecasts for the two minerals this year amid rising costs, limited power supplies and falling zinc prices. The forecast cuts came after the Shanghai-listed firm said its first-half profit fell 15.74 per cent to 720 million yuan (HK$824 million) as zinc concentrate prices declined. ...

  9. Zinc and lead smelting sectors cause concern

    Posted Nov 28th 2007, 12:00am by Carol Chan

    ... in the country's zinc and lead smelting industries, sparking expectation of further tightening measures soon. Investment in zinc and lead smelters jumped 58 per cent year on year to 7.95 billion yuan in the first nine months, against the 39.4 per cent rise to 110.2 billion yuan in the entire non-ferrous metal sector, the commission said on its website. Profit at 16 key zinc and lead smelters surged ...

  10. New Times switches focus to zinc

    Posted Jun 30th 2007, 12:00am by Staff Reporter

    ... Jeff Pao Property and financial investment company New Times Group Holdings has agreed to buy control of four zinc mining firms and take part in a 150 million yuan project in the mainland in an effort to change its core business. New Times will buy three companies that have interests in three zinc mines and a refinery in Hunan and Guizhou provinces. It will also take a 51 per cent stake ...




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