Swiss gold rigging probe won’t have price impact
The Swiss competition commission is investigating seven large banks for manipulating precious metals prices.
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:
China’s cap-and-trade more bad news for coal price
China's imports of coal is already down 28% this year.
China shocker drops copper price to 6-year low
Biggest drop in Chinese industrial profits on record spills red ink on mining stock boards – Freeport down 10% in massive volumes.
Top gold ETF has best week since January
Investors pile back into GLD – the world's largest gold-backed ETF – snapping up 9.5 tonnes in four days.
Dieselgate: Palladium the big winner
Up more than 10% since Volkswagen's emissions admission.
Gold stocks explode higher – Barrick up 11%
Betting the gold price has reached a turning point, investors pile into gold stocks in massive volumes.
Gold price jumps as Fed rally returns
Gold price surges 2% to month high as global economic worries and fresh equity sell-off boost fear trade.
The ever diminishing ambitions of BHP Billiton
This year capital and exploration spending at BHP will be $13 billion less than in 2013, leaving the world's largest miner with a single greenfield project.
Ultra-class: How BHP drives haul-truck efficiency
Bigger blasts, crib huts and hot seating.
UBS: Bad news already baked into gold price
Swiss investment bank said it's time for "unengaged" investors to "warm up" to gold, especially over the medium to long term.
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.