Iron ore price drops to 3-month low
Vale's scorched earth strategy pays off: production on its way to 450 million tonnes at an astonishing cost of just $12.70 a tonne.
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:
Fading US rate hike expectations point to $1,300+ gold price
Expectations of the level of US interest rates a year from now have more than halved.
The most bullish mining chart you’ll see all day
Commodity Sentiment Index shows it's always coldest before the dawn.
Venezuela ready to dump 80 tonnes of gold
With no hard currency and $5 billion in debt payments due before the end of the year, the country's bullion held in Caracas is its only source of cash.
Blanchard: Fed overselling rate hike great for gold
Real questions are now being asked about the Fed narrative and the effectiveness of monetary policy says Anthem Blanchard, CEO of Anthem Vault.
Depleting Escondida drops BHP copper production
Copper output at the world's largest copper mine slips 14% due to declining grades and despite record material mined.
Beijing rescues giant iron ore importer
Chinese government intervenes to save Sinosteel from default indicating Beijing's free market reforms are stuttering.
Vancouver junior up 18% on Burkina mine start
True Gold Mining's low cost Karma project in West Africa is ahead of schedule.
The $2 trillion mining value chain at a glance
All you need to know about mining and metals and the role the sector plays in key industries of the global economy in one simple table.
El Nino halts production at Barrick’s PNG mine
Lack of water forces suspension of operations at Porgera which had been expected to produce 400,000–500,000oz gold this year.
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.