Kinross shares surge as investors shrug US probe
World's 5th largest gold miner up nearly 8% after saying it's co-operating with SEC and DoJ investigating whistleblower case at giant West Africa mine.
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:
Iron ore price: Roy Hill in for the kill
And 90mtpa S11D ahead of schedule.
China’s astonishing rise in one simple chart
When compared to the US, the world's largest economy for 150 years, China's ascent is even more startling because it took place over such a short time-span.
Iron ore miners have new price competition: Chinese scrap
Domestic scrap prices have fallen below the cost for Chinese coastal mills to produce pig iron.
Copper price surges on South America supply cuts
Copper price up nearly 5% as Collahuasi cuts and deadly Las Bambas protests highlight risk to global mine supply.
Gold price: Asian bargain hunters are back
Indian and Chinese importers make the most of the summer months to import a total of nearly 500 tonnes.
Platinum price falls to 7-year low
Platinum price drop below $900 not good news for gold price either.
Vale falls to fresh 12-year low
Brazilian iron ore and nickel giant cuts dividend in half.
Swiss gold rigging probe won’t have price impact
The Swiss competition commission is investigating seven large banks for manipulating precious metals prices.
China’s cap-and-trade more bad news for coal price
China's imports of coal is already down 28% 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.