Idaho silver mine shaft sunk to final depth of 9,587 feet
Project to extend life of Hecla Mining's Lucky Friday silver mine beyond 2040.
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:
Gold price drops to six-week low
Hedge funds scramble to dump 708 tonnes worth of longs on New York futures market as gold suffers worst trading day since March.
Iron ore price falls 5% – China scrap adds to oversupply fears
China's steel association warns accumulated steel output will exceed 10 billion tonnes in 2016 as scrap prices drop below pig iron costs inside the country.
Vale readies for iron ore price war
For competitors S11D is a four-letter word.
Risks mount for gold producers over deep capex cuts
New report says cutbacks in capital spending are shrinking production profiles faster than expected and eating into earnings.
Harvard, IMF economist: Emerging markets must go for gold
If all central banks were to hold at least 5% of forex reserves in gold (versus 60%+ in rich economies) it would require the purchase of almost 8,000 tonnes
Copper price falls to 3-month low, defies bullish forecasts
Traders ignore new survey of 22 economists that found consensus for double digit gains by the fourth quarter and into 2017.
One in five rare earth companies want out
A new survey of the rare earth industry outside China shows many producers and processors are responding to weak prices by exiting the market.
Copper price won’t lag spiking oil for much longer
China's spending on infrastructure is being front-loaded and should translate into significantly higher copper demand later in the year.
CHARTS: 2016 gold price rally’s all about ETFs, hedge funds
At the same time consumer and central bank demand is plummeting, raising questions about the sustainability of the upswing.
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.