Gold price rally fades, Credit Suisse sees $1,000 on the horizon
The gold price on Thursday gave up hard fought gains wracked up earlier this week as US economic strength calms financial markets.
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:
Iron ore price starts Chinese new year on back foot
Shanghai steel prices are slumping.
Copper price drops to 8-week low after Chinese data dump
Already weak manufacturing numbers from world's top copper consumer are revised downward.
Why the strikes are doing nothing for the platinum price
Miners have been stockpiling, Nymex inventories are at a a decade high and scrap supply is forecast to rise sharply.
Osisko CEO says succesful Goldcorp bid would set bad precedent
Sean Roosen argues entrepreneurial mid-tier companies like Osisko should attract a premium in the market, which Goldcorp is not offering.
World’s top money manager finds what really moves the gold price
PIMCO's commodity portfolio manager goes where Warren Buffet, Ben Bernanke and Janet Yellen fear to tread.
Gold price gains after Fed sticks to taper
The US Federal Reserve will cut its stimulus program by another $10 billion per month.
First Quantum turning Cobre Panama into true copper giant
Vancouver miner ups output at Central American project 20% to 320,000 tonnes copper a year as it overhauls construction plans for $6.4 billion mine acquired last year.
‘No evidence’ gold miners are returning to hedging
Global gold miners reduced forward sales to the lowest level in at least 11 years.
Integra Gold jumps after expanding high grade Quebec resource
Vancouver junior's 100%-owned Lamaque project now boasts 756,280 ounces grading 7.1 g/t gold.
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.