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.)

Brexit double whammy great for these gold miners

Moody's says AngloGold Ashanti, Gold Fields will start spewing cash as gold price rise and currency falls combine – for Anglogold it's an extra $20m a month.

Dominion shares tank as fire shuts Ekati plant

Dominion Diamond still assessing damage from small fire that halted processing operations at its Canadian diamond mine last week.

Hedge funds held record bullish gold price bets before Brexit

Large scale speculators in gold futures pushed long positions to 800 tonnes last week, surpassing the previous record of August 2011 when gold hit $1,900.

Copper stocks deep into red as gold miners surge

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

Molybdenum price is on tear

Up 43% this year as Chinese imports double.

China's nuclear war on coal

Beijing's already cut coal miners working hours by 16% and plans to eliminate 500 million tonnes of coal capacity within just 3–5 years.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

Samarco said to be in restructure talks

30 million tonnes per year iron ore mine owned by BHP and Vale idle since November.

Gold price: Hedge funds bullish bets highest since 2011

Last week large scale gold futures speculators pushed bullish bets to just under 750 tonnes, the highest since gold peaked at $1,900 an ounce August 2011.

Nevsun shares tank after Reservoir accepts takeover

Vancouver-based Nevsun sweetened the deal for Reservoir shareholders with a $75 million cash payment just before the vote.

Samarco iron ore won't restart this year

Vale-BHP joint venture was shut after deadly dam spill in November – Samarco produced a fifth of global seaborne iron ore pellets supply before the disaster.

CHART: Gold price bulls kept faith as hedge funds wavered

Investors in physically-backed gold ETFs who kept buying all through May as futures speculators dumped positions were vindicated on Thursday.

Gold price touches 2-year high

Gold vaults $1,300 an ounce as inflation, dollar, stock market and geopolitical fears mount and interest rate around the world move into negative territory.

China's exhausting its gold reserves at 5 times the global rate

New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.

Gold, copper price jumps spark major mining stocks rally

Broad-based advance for mining majors as gold price touches $1,300, iron ore holds $50 and copper price surges 4%

These are the world's 40 biggest mining companies

A lithium miner joins top ranks of listed mining firms for the first time as the price of the battery ingredient skyrockets.

$5.8 billion lawsuit over BHP-Vale disaster dismissed

Companies still face another much bigger civil action over November's deadly tailings dam burst at its Samarco iron ore mine in Brazil.

Kinross Tasiast strike ends – no production hit

No impact on output guidance or expansion plans at West African mine as Toronto-based miner gears up for record annual production in 2016.

Glencore: Massive investment in coal mines needed

Up to 1 billion tonne annual supply gap in seaborne coal by 2030 if no new mines are built according to climate change report by Swiss mining, trading giant.

CHART: Metals, mining stocks outperforming all others

Gold is up more than 20% in 2016 but gold mining equities have doubled and the sector as a whole has returned 53%.

Gold price: Hedge funds pile back in

Large-scale gold futures investors jockey for bullish positions as gold price momentum builds towards $1,300 an ounce.

CHART: Going gaga for gold, silver ETFs

"In an environment of rising event risk, sub-zero interest rates and now the potential of rising inflation gold and silver should continue to prosper."

Copper price big loser as other commodities rally

Amid broad advance in metals and energy, copper price sinks to lowest in four months – is China and world economy worse off than is currently believed?

BHP's South Flank to go up against S11D, Silvergrass

Number three iron ore miner looking at options to replace 80 million tonnes capacity on its way to 290 million tonnes annually.

Gold price bounces back on inflation worries

Gold's up $70 since Friday as inflation adjusted interest rates in the US falls to a one-year low.