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.
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:
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.
Gold price: Hedge funds go 233 tonnes short
Large futures speculators add more than 30% to bearish bets, second highest since 2007.
Gold price: First signs of Greek contagion
After a more-than-likely Greek debt default the focus "may soon move on to the far more serious issue of potential Greek exit from the euro-zone itself."
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.