US gold coin sales are plummeting
Down 56% so far this year and on course for almost a 1 million ounces below 2009 peak.
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:
ArcelorMittal buys Mount Nimba from BHP
The deposit in the south of Guinea boasts 935 million tonnes of 63.5% direct shipping ore.
Mongolia foreign investment craters 70%
The Asian nation is dependent on foreign investment in the mining sector to fuel growth.
Copper price boost after China manufacturing jumps to 27-month high
Gauge of economic activity in top commodity consumer at highest since May 2012 on strong domestic demand and an increase in export orders.
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.
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.
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.