Iron ore price stabilizes: BHP, Rio, analysts say fall ‘temporary’
Australian giants and JP Morgan research see more volatility ahead but say long term iron ore fundamentals remain strong.
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:
Copper, iron ore miners take huge hits
The world's largest diversified miners are sold off Monday as copper, iron ore and coking coal prices slide.
Iron ore price craters 8%
China's steel industry in full panic mode as rumours of large mills collapsing see iron ore price and imports plummet.
Iron ore price suffers worst one-day drop since August
Deteriorating outlook for China's steel industry and economy as a whole pushed iron ore price down 2.3% towards 9-month low on Friday.
Enbridge’s controversial pipeline gets OK
First piece of Canada's pipeline puzzle falls into place after energy giant's Line 9 to carry oil sands crude from west to east is approved.
Illegal miner killed at Great Panther Mexico silver mine
The Vancouver-based firm said it initially took a "non-confrontational approach" but ore thieves have begun to enter the mine by force and with weapons.
India talk lifts gold price above $1,350
Gold price hones in on 2014 high after surprisingly strong economic news from India creates opportunity for the government to lift gold import curbs.
Molycorp shares jump on full year results, outlook
Molycorp says the Chlor-Alkali plant at its Mountain Pass, California rare earth mine is now operational, which should see it reach cash-flow break-even this year.
Iron ore price hits fresh 8-month low
Iron ore price weakness continues as Beijing cracks down on polluting steel plants and stockpiles jump again.
Putin lights fire under gold price
Safe haven buying and a weaker dollar boost gold price amid escalating tensions between Russia and the West.
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.