BHP spinoff could be worth $12 billion
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
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:
Nearly 17,000 Australian mining jobs to disappear by 2019
Compares with a near doubling of mining, exploration and services positions in the country over the previous five years.
VIDEO: 117-year old London silver fix ends
But participants setting benchmark price for $5 trillion market still not known.
BHP says demerger preferred option
Decision to to lob off Billiton assets could come as early as next week.
Rio has first right of refusal over Bougainville Copper
Chief administrator of Papua New Guinea’s autonomous region of Bougainville does not expect lawsuits after stripping Rio of its mining rights.
Copper dives to 8-week low
Dismal European economic growth figures and more signs of Chinese slowdown dents price of red metal.
Uranium price building on gains
Way to early to for uranium stock investors to rejoice, but after eight straight sessions of gains the market seems to be entering recovery mode.
Western gold jewelry buyers come roaring back
Q2 study shows decline in global gold demand, but US and UK jewelry buying surges and central banks add to holdings for a 14th straight quarter.
Australian gold mining firm pushed off Guadalcanal
St Barbara says all staff evacuated from its Gold Ridge mine on the Solomon Islands over security concerns.
CHART: Interest rates vs gold price shows plenty upside
Real yields in the US continue to fall and are consistent with a gold price of around $1,400.
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.