Iron ore price bulls are back
But prediction of a rise above $100 a tonne in the "near future" may not be enough for smaller producers as the big three flood markets.
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:
Goldcorp slashes costs 30%
Vancouver-based company drives all-in costs down to $852/oz and also beats expectations with $1.1 billion in quarterly revenue.
Aussie model’s naked war on coal
Robyn Lawley, Australian fashion model and environmental campaigner is using social media to protest the approval of a massive new coal mine in Queensland.
Barrick mothballs Pascua-Lama
Toronto-based miner has already spent $5 billion on the Chile-Argentina project first launched in 2006.
Robust copper price prompts switch to aluminum
It's a trend already established in China where only 25% of insulated and overhead cables use copper versus 60% in developed economies.
US growth, inflation numbers drop gold price through $1,300
Interest rates could rise sooner rather than later.
Only US oil sands mine hit by protests
21 of 80 Utah Tar Sands Resistance members arrested during physical confrontation.
Rio’s $3.7bn Mozambique coal business fetches $50m
The assets were acquired when it took over Riversdale Mining in 2011.
Gold price gains as European rates hit record lows
A key factor supporting the gold price this year has been the unexpected decline in global interest rates and real yields.
Top gold refinery missing 87,000oz
Rand Refinery blames software glitch for discrepancy between actual inventory and accounts. Owners, including Anglogold, provide new loan just to be safe.
MEGAMINES: Top 10 most capital intensive bulk mining projects
When these stomach-churning capital outlays start to produce returns, they do so in spades and over generations.
