GRAPHIC: Mongolia needs Oyu Tolgoi more than Rio does
Once the fastest growing economy in the world, foreign direct investment in Mongolia collapsed over the space of just two years.
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:
Rare earth price rally evaporates
Beijing ups production limits for 2015 by 12% to 52,500 tonnes after exports bounce back, pulling the plug on a brief rally in rare earth prices.
Hedge funds double bullish gold price bets
Even as the gold price dips below $1,200 an ounce again on Monday.
Iron ore price surges on Chinese import growth
Up 3.2% on Monday after commodity trade data surprise.
Vancouver miner said to be in Davis sights surges
A report out by Bloomberg speculates that Mick Davis' X2 Resources $5.6 billion private equity fund is closing in on Canadian target.
Minnesota iron ore trust dissolves after 108 years
After 700 million tonnes shipped, the Great Northern Iron Ore Properties trust set up by railroad baron James J Hill in 1906 was terminated this week.
Annual gold trade reaches $22 TRILLION
New report shows In 2014 volume of gold traded in London, Shanghai, New York and around the globe was 3 times more than all the gold mined in human history.
Lydian shares pop after Armenia’s $100m gift
Lydian International stock up after saying changes to Armenian legislation could save it $100 million in operating costs at its 2.1moz Amulsar project.
Price slump prompts layoffs at Iron Ore Canada
150 workers let go as at Rio Tinto-owned mine in Labrador West and Quebec.
Surging dollar drops gold price through $1,200
Silver even harder hit as greenback returns to 12-year high levels.
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.