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.
Frik Els , Editor
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:
Study of private investors shows how risky mining can be
For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.
China on track to import 1 billion tonnes of iron ore this year
Chinese import volumes jumped 22% in May compared to last year giving support to iron ore price back above $50 a tonne.
China’s copper concentrate imports surge again
Chinese smelters take in 45% more copper concentrate in May bringing year-to-date imports to whopping 6.7 million tonnes.
Iron ore jumps to two-week high
Firmly back above $50 a tonne as miners' cost deflation eases.
Copper price plummets as stocks pile up
Plenty of metal on offer as Chinese demand stays lacklustre.
2016 metals, mining outlook darkens
World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.
Top miners squandered $200 billion during boom
Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.
Kyrgyz Rep. ratchets up dispute against Canadian gold miner
Toronto-based Centerra says new criminal probe of managers at its giant gold mine bars expats from leaving the Central Asian country.
Gold price tops $1,250 as hedge funds caught short
“There’s massive speculative position starting to roll..."
Mining’s next boom is off the map: Arctic ice, abyssal plains and asteroids
Depletion, lower ore grades and higher prices pushing miners to new frontiers. The Arctic is already drawing capital, deep-sea mining is moving into a regulatory fight, and space remains the long-dated option.