CHARTS: Brutal May for metals and miners
A sharp reversal in metals and minerals prices during May see top mining companies shed billions in market value.
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:
50 years of gold price vs Dow shows metal still a bargain
Stocks go sideways and gold is up 14% in 2016 prompting warnings about its relative value to equities. This 1966–2016 chart shows gold's cheapest since 2007.
Increasingly bearish indicators weigh down lead price
By far the best performing base metal of last year, lead demand has run into serious headwinds this year – lithium's just one of them.
Gold price dips below $1,200
Post-Yellen losing streak continues as hedge funds slash bullish bets by 26%.
Australia’s mining project pipeline dwarfs other countries
Significant brown and greenfield projects through 2020 nearly outnumber the next ten countries on the list.
Yellen drops gold price to three-month low
The gold price is now down more than $90 an ounce in May.
Here comes the half conveyer-belt, half train hybrid
Elevated below rail technology has the potential to open up significant mining assets long considered stranded.
Iron ore price back below $50
Down 27% in a month – 14 reasons the iron ore price has a lot further to fall.
Boom in private debt financing for mining
Australia's Taurus raised $683m to invest in mining company debt last year, while two funds currently in the market are targeting investor capital of $800m.
ETF investors pile in despite worst gold price run in 6 months
Chart: Gold price is down $60 in a week of trading, but physically-backed gold ETF investors remain convinced of longer term uptrend.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.