Iron ore price: Closing marginal producers not enough
Next round of displacements will come from mines "that just 18 months ago could have been making $50/mt or more in cash margin" says new report.
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:
Monster rally for gold stocks
Heavyweights Goldcorp, Barrick enjoy double digit gains after Swiss-inspired gold price rally.
Green light for gravel mine near Roosevelt cabin
Gravel pit won't significantly impact "viewshed and soundscape" from the cabin on the 26th president of the USA's North Dakota's badlands ranch.
Swiss shocker lights fire under gold price
Swiss central bank currency move sends shockwaves through financial markets and gold price to a more than 4-month high in heavy volume.
Top 10 copper mines plunge $134 billion in value
Over just two days the copper price rout has slashed $134 billion off the value of the reserves of the world's largest producers.
True Gold down 25% after Burkina Faso protests, damage
Vancouver junior is assessing damage at its Karma project in West Africa after demonstrations suspend operations.
Nichols: Gold price has cleared top two hurdles in 2015
Tanking stocks, dollar decoupling will see gold emerge from 3 years of underperformance says economist Jeffrey Nichols of American Precious Metals Advisors.
Faber: Gold will rally 30% in 2015
Wall Street stalwart Marc Faber, also known as Dr Doom, has emerged as 2015's biggest gold bull saying confidence in central banks are about to collapse.
Copper price plummets as commodities drop to 12-year low
Copper price slumps 5% to lowest since July 2009 on Tuesday as worries about global growth overwhelms industrial metals markets.
A trader just placed a giant bet on a $130 rise in the gold price
Professional trader, probably working at a hedge fund, could net $50 million from call option on gold-backed ETF if gold rises to $1,350 before end-March.
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.