CHARTS: Mining’s fattest margins
New report expects gold mining companies to enjoy their best margins in history next year, while copper miners should enjoy another year of 100% gaps.
Frik Els
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
This chart shows copper price could dive 28% going into 2022
New report argues rising mine supply, steep fall in demand from China’s property sector and shifting global consumption patterns away from goods to services will send copper prices skidding.
CHART: Lagging nickel price defies aenemic supply pipeline
Nickel is the worst performing base metal in 2021, but the metal’s project pipeline covers less than 10% of requirements through 2030, says new report.
UN at COP26: “Enough of mining…we are digging our own graves”
It did not take long for COP26 to turn into a farce with UN Secretary General António Guterres pleading with the gathered highnesses and excellencies to declare enough is enough.
Inexorable decline of EV battery prices coming to an end – report
EV battery costs were approaching parity with gas-powered cars, but Benchmark believes decline may be at an end as lithium prices surge 313% in a year and cobalt, nickel prices jump.
COP26 will be a colossal mining cop-out
New report lays out how the green energy transition “starts and ends with metals” but the required exponential growth in mining is a glaring hole in US and global decarbonisation strategies.
TSLA la land: Tesla vs Volkswagen 2021 battery power comparison
Head to head, gigawatt for gigawatt Tesla vs Volkswagen’s electric car only sales show just how out of whack TSLA’s $1 trillion valuation really is.
Caterpillar gears up for green energy transition, automation age
MINING.COM sits down for a conversation with Denise Johnson, Caterpillar’s mining chief, to talk about the future of mining and the trends shaping the industry.
CHARTS: Chinese investment in overseas copper projects just beginning
After a $16bn spending spree, Chinese owned copper mines overseas now produce some 1.2 million tonnes annually – that’s not nearly enough.
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CHART: Dwindling copper, zinc, nickel stocks could shield prices from omicron impact
Copper, nickel and zinc prices could be saved from worst effects of any new virus-related restrictions as historically low global stockpiles intensify fears of supply disruption.