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2011-12-05

The Ministry of Land and Resources on Tuesday launched a website to provide information about the countrys mining rights trade and to make mining operations more transparent and fair. The new portal http://www.mlr.gov.cn/kyqsc/ is expected...

2011-12-02

BEIJING - China National Offshore Oil Corp (CNOOC) Ltd, the countrys biggest offshore oil producer by capacity, said on Wednesday that it agreed to acquire cash-strapped oil sands producer Opti Canada Inc for $2.1 billion in cash and debt,...

2011-12-02

Mr Hao Xiangbin a senior official with the China Coal Industry Association as saying that China, the world largest coal producer and consumer may soon lower value-added tax and port charges on imported coal to encourage the countrys coal im...

2011-12-01

Chinas Baosteel Group, the countrys second-largest steel maker, has urged Chinese mills to exercise caution in using iron ore swaps as a way to hedge against price volatility, citing credit risks as well as miners ability to influence price...

2011-12-01

Vice Premier Li Keqiang called for greater efforts to find and establish new mines in order to propel sustainable economic growth while visiting a land resource survey exhibition, which is being held in Beijing. Li called for more efforts i...

2011-11-30

Production last year failed to meet target of 10 billion cubic meters SHANGHAI - China, the worlds largest energy user, plans to more than double production of its coal-bed methane by 2015 to cut reliance on oil and coal. The country aims t...

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