Report: Thermal coal price forecasts too pessimistic
Macquarie says sub-$65 unlikely because first Indonesian and then Australian producers will drop out of the market around these levels.
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:
CHART: China construction vs copper price – something’s gotta give
With all the focus on the unwinding of China's metal-backed loans, it's easy to lose sight of copper's ugly demand fundamentals.
LME chief flags gold fix flagging
London Metal Exchange, bidding to take over administration of gold and silver fix, says its open to manipulation.
‘Peaking’ supply surge to lift iron ore price above $100
Research note from Citi sees $90 as support and a move back above $100 in Q4, but UBS warns on collateralized loans.
Palladium price within striking distance of record high
A surge in ETF buying lights fire under palladium futures while platinum jumps past pre-strike levels .
Platinum, palladium price unmoved by strike talks failure
South Africa's mines minister quits mediation role after latest negotiations to end more than 4-month old strike go nowhere.
TrueGold surges after extending Burkina Faso find
Vancouver-based junior stock up 6.5% after step out drilling confirms potential for significant resource expansion at its Karma project.
Pilot Gold shares advance again after hitting new zone
Vancouver junior's summer drilling at Kinsley Mountain Nevada hits new oxide gold mineralization zone near last year's high grade Western Flank discovery.
After scandal, copper price could follow iron ore over cliff
Beijing is probing the fraudulent use of copper in financing deals which could see vast "off-market" stockpiles dumped onto already soft market.
Nigeria, South Africa partner on artisanal gold mining
West African nation wants to develop vast small-scale gold sector with South African machinery and expertise.
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.