India easing gold import restrictions: Curb your enthusiasm
Even if incoming PM Narendra Modi relaxed all gold import curbs – and that's still a big if – the impact on global markets should be muted.
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:
Output at no 2 global gold producer falls
Australia's gold output down 7% due to weather.
Gold and silver price: The year of living quietly
Gold has been burnishing its reputation as the least volatile metal in 2014 and the silver market has been eerily quiet this year. Can it last?
Wild cat rips apart plans for giant Arizona copper mine
Vancouver firm's timeline to build 3rd largest US copper mine in doubt after sighting of endangered ocelot restarts permit consultations amid bitter takeover fight.
Bargain hunters descend on uranium stocks
More bad news for the uranium market this week did not deter bargain hunters from returning to the sector in a big way on Friday chasing up shares across the board.
Midway Gold secures $55m to complete Nevada mine
Shares in Denver-based developer up 18% in a week with first gold pour from $161m Pan project now expected in fourth quarter.
Gold price jumps after India eases import curbs
New York price briefly back above $1,300 as Indian central bank relaxes import rules for traders and banks and rupee price tumbles to nine-month low.
Pan American Silver expects Argentina open pit ban to be lifted this year
"We're seeing some positive developments in Argentina relative to attracting foreign investment."
Battered Molycorp investors shrug latest setback
Morgan Stanley downgrades rare earth miner over predictions of huge revenue shortfall.
CHART ALERT: Quiet gold market primed for break-out price move
The gold market has been uncharacteristically quite this year, but now charts show a convergence of indicators that invariably precedes a sharp move.
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.