Goldcorp up 5% as investors dive back into gold stocks
Across the board gains with even heavily criticized Barrick going positive as gold price build on gains.
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:
Copper price touches 63-month low
Chinese deflation fears pulls copper price down to $2.73 a pound, lowest since September 2009.
CHARTS: Iron ore price won’t withstand 2015 supply flood
Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.
Platinum, palladium prices in 2015: Start your engines
The stars will again align for a rise in PGM prices in 2015, but all bets are off if... Putin.
CAT cutting 120 jobs in Peoria
Layoff blamed on weakness in the mining industry.
India’s rocketing iron ore imports
Still minuscule compared to China, but the subcontinent is now a net importer compared to shipments of 120 million tonnes per year before.
Silver price in 2015: Better the devil you know
Strong fundamentals will lift the price, but all bets are off if the many ETF investors who bought between $20–$30 lose confidence and start liquidating en masse.
Gold price in 2015: Playing Russian roulette
The US dollar together with rates and inflation expectations will keep advances in check, but all bets are off if Russia and/or Euroland turn to chaos.
Gold price surge: the fear trade is back
Oil's precipitous decline, a looming emerging market currency crisis and the retreat in equities see investors flocking back to gold.
CHART: Gold price rallies into teeth of rabid dollar
Based on past performance of the gold price relative to the dollar index, gold should be touching $1,100 an ounce now.
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.