Eldorado Gold down 18% on awful outlook
Vancouver gold miner forecasts minimum 80,000oz dip in output this year even as costs at mines in Greece, Turkey and China surge as much as 28%.
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:
Swiss franc farce may be gold price tipping point
Past policies of the Swiss National Bank towards gold backfired badly. But last week's fiat money fiasco could be the real game changer.
BHP breaks production records, but copper output drops
World number one miner BHP Billiton achieved record production for eight operations and five commodities over the last six months.
Shares in first California Mother Lode mine in 55 years soar 180%
TSX-Venture junior Sutter Gold Mining cannot explain the sudden surge in more than 10-times usual trading volumes.
Gold price goes for $1,300
Six-month high on safe haven buying as European worries roil markets.
Most money pumped into gold ETFs since October 2012
Spooked by Swiss bombshell investors snap up more than 23 tonnes in just two days.
Turquoise Hill output at higher end of target
Higher grades boost fourth quarter production despite concentrator fire at Oyu Tolgoi in Mongolia.
Swiss currency shocker ‘dwarfs’ end of gold standard
In a stark report, world's top money manager PIMCO warns "a lot can go wrong when central banks exit unconventional monetary policies".
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.
Monster rally for gold stocks
Heavyweights Goldcorp, Barrick enjoy double digit gains after Swiss-inspired gold price rally.
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.