China will open its steel and base metals sectors to full foreign ownership from 10 April. While the policy change raises the likelihood of increased M&A activity, it won't be a stampede as China's steel and metals industries are oversupplied, operating margins are poor and uncertainty over the country's new environment law remains.
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Value-in-use adjusted iron ore costs on a mine-by-mine and company basis
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Xiling has the potential to contain over 10 million ounces of gold. But it is very deep and mining will be both challenging and costly.
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The record fall in global mine supply in 2016 transformed the concentrate market causing stocks to fall to minimum working levels
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