China Mining International plans to raise $2.975 million by placing out new shares to a group of investors including its own executive director and CEO Zhai Kebin. The placement will be via two tranches with a total of 70 million shares. The shares issued under the first tranche will be at 4.2 cents...

DAKAR : Democratic Republic of Congo should renegotiate its US$6 billion infrastructure-for-minerals deal with Chinese investors, according to the draft of a report commissioned by a global anti-corruption body of governments, companies and activists.The draft, seen by Reuters, describes the dea...

Bitcoin dropped over the weekend amid a focus on Chinese mine closures and potential regulatory scrutiny. The largest cryptocurrency fell 5.5% to US$34,142 ($45,890) as of 10.50am Sunday in New York, dropping for a fourth time in the past five sessions. Ether, the second-biggest, declined 5.9% to US...