Chinese bonded warehouse stocks of copper cathode fell cheap beats by dre by half between Jan 1 and June 30, to about 400,000 tons at the end of June. Chinese demand for copper concentrates has been firm this year, with imports for the first five months up 30 percent year-on-year. China’s zinc concentrate imports have been flat so far this year. Demand for imported lead concentrates, however, was affected by an adverse price arbitrage, while the global market has been firm. Lead output jumped by a quarter in the first half to 31,478 tons, with second-quarter production double that of the first half. Gold output dived 58 percent to 22,699 tons. Michelmore said recent volatility in gold prices won’t affect profit prada outlet online much, as it is only a small part of MMG’s business. In the second quarter, MMG secured a $1 billion, 13-year loan from China Development Bank and Bank of China (Sydney) for the development and construction of the Dugald River mine in Queensland, Australia. The mine is one of the world’s largest and highest-grade undeveloped lead-zinc-silver deposits. MMG said it may revise the cost and schedule for the planned $1.4 billion mine after it identified complexities in the ore body. A review of the mine, which was originally scheduled to start shipment in 2015, is expected to be completed this year. MMG will consider the review and cheap dre beats results from trial ore processing in making a final investment decision regarding the development of the Dugald River project.China is expected to surpass the United States this year to become the world’s largest market for express deliveries, but analysts warned of rapid development that ignores quality.He said China’s new leadership has refrained from stimulating the economy to deflate asset bubbles and raise productivity, which will benefit the economy in the longer term. Bad service and lost parcels custom beats by dre were major problems in the industry, according to the survey. “In addition, express companies also sometimes conducted misleading promotions, engaged in unfair competition and operated without licenses,” said Liu Junhai, a professor at Renmin University of China. It is critical for Chinese express companies to upgrade their development mode, analysts said. The industry faces uncertainty, since China’s economy is decelerating and people may reduce their spending, Xu with cecss.com said. Ma Junsheng, director-general of the State Post Bureau of China, said at an internal conference on July 18 that China’s postal industry maintained cheap dr dre beats fast, steady development in the first half. Ma attributed the trend to national economic policies and booming e-commerce. Express delivery volumes grew more than 50 percent year-on-year in each of the past 28 months, the bureau said. The number of packages delivered by major courier companies grew 61 percent in the first half to 3.84 billion items. Couriers’ revenue grew 34.5 percent to 63 billion yuan ($10.36 billion). Xu Yong, chief consultant for the express and logistics website cecss.com, said China will probably catch up with the United States in terms of mail and package deliveries this year. Xu said his organization estimates 8.5 billion to beats by dre cheap 10 billion parcels will be delivered in China in 2013, compared with about 9 billion in the US. “However, we see China’s development in the express industry as ‘too fast and unhealthy’. The country’s express companies sacrifice profit and service quality to pursue volume,” Xu said. Chinese courier firms are making 16.4 yuan on average from every parcel, down sharply from 28.6 yuan five years ago, the website said. “Competition in the domestic express industry is harsh. Companies’ profit margins are down to about 5 percent from 30 percent a decade ago. Some of them are losing money,” Xu said. Meanwhile, delivery workers struggle with heavier workloads cheap beats by dr dre but low incomes, as customers complain about bad service, he said. According to a survey conducted in March by Legal Daily, eight out of 10 respondents said they were dissatisfied with the country’s express service.