Fight to oust Cliffs board just got real ugly
Casablanca: litigation possible after iron ore miner's board issue "explicit threat to shareholders: vote for the incumbent board or destroy the company".
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:
30 years after Hunt bros, scramble to take over London silver fix
The LME is among firms vying to take over spot price benchmark system, 30 years after being forced out by Hunt Brothers who famously cornered the market in the late 1970s.
Gold price slides again despite largest ETF inflows since 2012
Investors buy a net 8.4 tonnes in world's largest gold-backed ETF, the biggest buying spree since October 2012 when gold was at $1,800 an ounce.
Iron ore price hits fresh lows as Beijing warns of supply flood
Shares in producers fall after China's powerful central planning agency says country's "high steel demand period has passed" and inventories will stay high.
Gartman: ‘Gold is breaking down, it just looks horrible’
Tuesday's drop after months of quiet unnerved traders and gold bulls who'd expected the metal to break higher.
Weak gold price brings carnage to mining stocks
Billions wiped off gold miners' market value Tuesday.
Massive Canadian iron ore mine gets final go ahead
Alderon Iron Ore gets green light to start construction of $1 billion iron ore mine with Chinese backing near Labrador City.
Gold price plunges to February lows
A one-two-three punch saw the gold price drop more than 2% on Tuesday to trade at a three-and-a-half month low and $115 an ounce below its 2014 high.
Utah oil sands project nearing construction
Mining process eliminates need for tailings ponds, uses extract from orange peel for oil and sand separation and recycles 95% of the water used:
Game-changing $20 billion African iron ore deal signed
Cost of building Infrastructure to support 100mt of ore related to Rio Tinto's giant Simandou iron ore mine in Guinea alone estimated at over $13 billion.
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.