Newstrike surges after strong Mexico PEA
Capex of $164m for 116,000oz gold, 239,000oz silver over a 8.2 year life for Ana Paul mine in Guerrero gold belt, Mexico.
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:
Anglogold drops spin-off, rights offer plans
Investors unhappy with $2 billion equity raising convinces world number three producer to drop restructuring plans.
Iron ore price in stunning turnaround
Up nearly 4% on Monday; rallying after weeks of intense selling.
$8bn mining private equity needs to be spent. And soon
Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.
Pain for gold, silver price as hedge fund slash bullish bets
With gold near 2014 lows and silver not far off levels last seen in 2010, speculators are positioning themselves for another week of falls.
China’s war on pollution is finally moving coal prices
The latest restrictions on production, consumption and imports could drive prices 10% higher by the end of the year.
Turquoise Hill up 22% after Oyu Tolgoi tax bill slashed
Mongolia knocks $100m off tax claim to revive expansion of massive copper-gold mine owned by Rio Tinto unit Turquoise Hill.
Gold price erases most of 2014 gains
Geopolitical risk premium evaporates, dollar surges and focus shifts to US monetary policy.
CHARTS: Giant gap between future lithium supply, demand
New study shows soaring demand for lithium in electric cars and estimates of supply growth don't come close. The opposite is true for rare earths.
Iron ore price bears come out in force
2014 is the "inflection point" and "until mines close it's a world of $70 prices of iron ore."
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.