Gold price falls out bed
Gold down nearly 3% as eurozone troubles fade from headlines and focus shifts to US fundamentals, rampant dollar and a likely June rise in interest rates.
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:
Mining M&A: Private equity can’t run away fast enough
The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.
Randgold’s Kibali ramp-up on track for 600koz
Randgold Resources' $1.7bn Kibali project in DRC is operating at design after commissioning of metallurgical plant and first of three hydropower plants.
China’s gold imports plummet
Down nearly a third in 2014 as anti-corruption drive curbs conspicuous consumption and investment money flows into Shanghai stock market.
Another day another iron ore price drop
Another slide on Tuesday drops iron ore price 13.4% year to date, but latest forecasts see another double digit dip from current levels.
The bottom is falling out of the iron ore price
Down 4% to fresh five-and-half year low.
Money still pouring into gold ETFs
50 tonnes in two weeks, best performance since 2012.
45-year chart shows dollar bull run just getting started
US currency is overbought short term, but relative performance chart going back to 1970 shows rally has long-term legs.
Facebook twins want gold bugs to buy their bitcoin ETF
Cameron and Tyler Winklevoss, famous for suing Facebook's founder over ownership of social site, says bitcoin is more durable and portable than gold.
Hedge funds raise bullish gold bets to 2-year high
According to futures trading data hedge funds have amassed the largest bullish position since December 2012 when gold was trading above $1,700 an ounce.
MEGAMINES: Top 10 most capital intensive bulk mining projects
When these stomach-churning capital outlays start to produce returns, they do so in spades and over generations.
