Frik Els

Frik is editor and writer for Frik has worked as a financial journalist for 15 years appearing in a number of business and consumer publications including British Airways in-flight magazine, Business Insider,,, YCharts and Business in Vancouver. Frik was a speaker at the 2014 Global Mining Summit in Las Vegas, the Mine Lifecycle Management conference in Salt Lake City and the 2015 Canada Investment Conference in Vancouver. (DISCLAIMER: Frik Els does not own shares or hold positions in any of the equities he writes about. Nothing written should be construed as a solicitation to buy or sell any securities. Seek the advice of a broker/dealer first.)

Chinese buy world's largest mining project

Rio Tinto announces deal to exit Guinea and giant Simandou iron ore project.

Gold price back on the defensive after US growth surprise

Metal is now down more than $50 an ounce in October.

Deal to snatch gold mining crown eluding Newmont

Barrick says sale talks are "robust" but with strongest pipeline in gold mining Denver-based Newmont may soon become globe's top producer anyway.

Physical gold market in largest surplus in a decade

New report shows higher gold price during third quarter sparked 20% surge in global scrap supply even as jewellery sales in Asia fall to multi-year lows.

Iron ore jumps to 6-month high, coking coal binge continues


Iron ore price explodes higher

Iron ore price tops $60 a tonne after 5% jump – Chinese futures trading halted after maximum daily movement reached.

Vale, BHP iron ore venture can't pay creditors

Brazil's suspended iron ore producer Samarco misses another payment on its $3.8 billion debt as it struggles to stay afloat following deadly dam burst.

Report: China could be on verge of gold buying boom

While jewellery sales are down, a plummeting currency is lighting a fire under gold portfolio investors.

This chart will give hope to gold price, India bullion bulls

Gold's retreat in October is spurring physical buying in Asia.

Gold price: Hedge funds abandoning market at record pace

Large scale speculators in gold options and futures dump over 12 million ounces in three weeks, the fastest rate since government records began.

Worst day for gold ETFs since April 2013

Investors pulled nearly 17 tonnes from GLD on Friday as gold price bulls lose confidence.

CHART: No stopping insane coal price rally

Steelmaking coal surges again and seaborne price for coal used in power generation reaches highest since May 2012.

Resurgent Iran to impact copper, zinc prices through 2020

Report: Lifting of sanctions will spark double digit copper output growth in Iran, home to world's second largest copper mine and largest zinc reserves.

Rand sinks platinum, palladium prices

Weakening currency supplies fatter margins for South African mines responsible for nearly three-quarters of global platinum production.

Giant BC gold project receives new permits

Seabridge Gold is building a 2.1km adit for underground exploration at its 100%-owned KSM property, the world's largest gold-copper project by reserves.

Coking coal, iron ore prices resume surge

Chinese traders back from week-long holiday continue to chase steelmaking raw materials.

Nickel price rally 'on shaky ground'

Partial lifting of Indonesia ore ban could make up any potential Philippines export losses.

Fresh blow to world's largest mining project

World Bank pulls out of $20 billion Simandou iron ore project in Guinea, West Africa.

Wind, solar power plants cheaper than coal in a decade

In countries like Chile and Morocco, the tipping point has already been passed.

CHART: Copper price slump devastating Chile state finances

Mining-related income now accounts for just 1.5% of government revenues, down from a peak of over 34% in 2006.

ETF investors pile in as gold price falls

On Friday, bargain hunters added more than 11 tonnes to holdings of GLD, the world's largest physically-backed gold exchange traded fund.

Hedge funds came prepared for last week's gold price plunge

Gold futures and options speculators added 38% to bearish bets on gold price ahead of last Tuesday's crash through $1,300 an ounce.

Gold price spikes after US jobs data, then sinks

With non-farm payrolls still pointing to rate hike this year, gold price sets fresh four-month low.

Futures markets point to 'overcooked' coking coal price

CHARTS: Panic buying from Europe and India said to be behind met coal surge.

RNC Minerals ups exposure to near-record Aussie gold price

Debt refinancing provides big boost for ramp-up and development of Beta Hunt gold mine in Western Australia acquired in May.