Report: Glencore, X2 in fight over thermal coal
Ultimate contrarian bidding war.
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:
Mosaic shares bounce on ‘robust’ outlook
Fertilizer giant's potash production, sales and selling prices all tracking at upper range of forecasts.
Copper price: China fears overdone
Chinese manufacturing shocker dropped copper to a six-year low, but new report says weak business sentiment will have limited impact on the real economy.
Final permit for new $750m BC gold mine
Shares in Vancouver's Pretium Resources jump on news construction of super high-grade Brucejack gold-silver mine near Alaska border can now start.
West Africa gold miner surges after stellar quarter
Endeavour Mining shares jump 10% after Vancouver firm slashes debt as mines in Cote d'Ivoire, Mali, Burkina and Ghana mines throw off cash.
Barrick sells 50% of Zaldivar for $1 billion cash
Family-controlled Antofagasta is surprise buyer of Chile copper mine.
Platinum price: New round of industrial action
Amid worst slump in over six years, ruling party of South Africa calls shaft closures and layoffs "unpatriotic" as unions gear up for another brutal fight.
The cheapest entry point into cheap gold
Wall Street legend Jim Grant says it's a Krugerrand and he's "very bullish indeed" on the gold price.
Kinross shares soar ahead of results
World's fifth largest gold miner reports decline in production, $83m net loss and a rise in costs but $1 billion in cash will please investors.
Iron ore price surges 6%
Steel prices up on rumours Beijing has ordered deep production cuts at steelmakers as far away as 500km from Chinese capital ahead of massive military parade.
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.