Nervous Chinese investors dive back into gold
Chinese gold imports via Hong Kong jump 35%, shipments from Switzerland increase nine-fold in May as Shanghai's equity rally turns into sharp correction.
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:
Takeover approach shakes up potash market
Potashcorp shares jump after making unsolicited bid for Europe's largest potash producer amid fundamental shifts in the industry.
Dismal state of TSX-V in two crushing graphs
Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.
Royal Nickel shares jump after Dumont permit
Final regulatory hurdle before construction can start at $2.8 billion nickel project in Quebec, Canada.
Heavyweight enviro group targets world’s largest gold project
Seabridge's KSM project in BC, world's largest undeveloped gold deposit, comes under attack from non-profit founded by Sierra Club chairman.
Gold price: Hedge funds scramble to cover 233 tonnes
Gold enjoyed one of its best days of the year on Thursday as hedge funds pick up ounces to cover massive short positions built up in recent weeks.
Iron ore price rally just gave miners ‘false hope’
Iron ore price declines to resume as Shanghai rebar drops to record low Wednesday with bears calling rally just a blip before prices retreat to $40s again.
Mick Davis outbid
X2 Resources still in race for Anglo's mines but "couldn't make the numbers work" for Barrick's Zaldivar with seven firms outbidding the $5 billion fund.
Platinum, palladium prices pounded again
Palladium enters bear market and platinum hits fresh six-and-a-half year low on worries over Greek debt crisis.
Mining industry inertia will come at a price
PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.
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.