Nice bump for Lundin on Candelaria reserves update
Two new deposits extend mine life at Chile mine bought for $1.8bn by 190,000 tonnes contained metal and three 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:
Gold price slips but holds above $1,200 after hawkish Fed
June interest rate hike in the US back on the cards.
Batista trial descending into farce
The Brazilian judge in Eike Batista's landmark trial was first caught driving mining tycoon's seized Porsche and is now charged with embezzling drug money.
Robbers grab gold worth $8m from Mexico mine
McEwen Mining's El Gallo mine in Sinaloa hit by armed robbers stealing 7,000 ounces of gold in concentrate.
Roxgold starts construction of supergrade Yaramoko
$111 million underground mine in Burkina Faso boasting average grade of 11.8 g/t expected to commence production in a year's time.
New battery charges a cellphone in one minute
Stanford discovery of an ultrafast, flexible, rechargeable aluminium-graphite ion battery could open up major new demand for graphite, bauxite miners.
Iron ore price breaks fall, claims big scalp
Iron ore regained its footing Tuesday, but too late for once high-flying Atlas Iron as 13mtpa producer's shares are suspended and receivership looms.
Barrick hints at Mick Davis deal
Sounds like just about everyone in mining is hoping to get into bed with Mick Davis and his $5.6 billion.
Gold price hits 6-week high as hedge funds run for cover
Gold price jumps to highest since mid-February after speculators in futures slash bearish positions and weak US jobs report put interest rate rise on hold.
32 miners trapped in Manitoba nickel mine
39 workers spent the night in safe houses down Vale's nickel mine in Thompson, Manitoba and those still trapped expected to return to surface Monday.
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.