Platinum, palladium prices break fall
Platinum remains at record discount to gold.
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:
Copper price: Lower for longer
Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recovery.
Iron ore price hits record low
Chorus predicting iron ore in the $30s before the end of the year grow louder as Chinese buying dries up.
Hedge funds have never been this bearish on commodities
CHART: China fears see hedge funds enter unprecedented bearish position on major commodities including crude oil, gasoline, gold, copper, corn and wheat.
Gold price: Hedge funds can’t exit market fast enough
Chart: Hedge funds dump 368 tonnes of gold in just three weeks to enter second most bearish futures position ever.
Goldman: Iron ore price to decline next two years
"Prices must overshoot relative to marginal production costs in order to trigger mine closures on a sufficient scale."
Newmont’s Indonesian copper exports to restart
Exports suspended for nearly two months over building of smelter.
Judge throws out multi-billion dollar Rio lawsuit against Vale
Rio Tinto said Vale conspired to "steal" the Australian giant's massive Simandou concession in Guinea.
Vale to end Manitoba nickel refining in 2018
Nickel is trading at seven year low.
India monetizes 14 ounces of gold
Indian households sit on 20,000 tonnes and the Modi government's two-week old scheme to bring gold into the financial system looks like a spectacular flop.
MEGAMINES: Top 10 most capital intensive bulk mining projects
When these stomach-churning capital outlays start to produce returns, they do so in spades and over generations.
