Gold price gains halted as ETF investors sell into rallies
Gold price ends its winning streak ahead of Fed meeting and amid continued ETF outflows.
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:
DRC mining billionaire turns 29,900% profit on oil deal
Perfecting a strategy honed with copper and gold, Dan Gertler sells back to the DRC an oil block for $150 million acquired 7 years before for $500,000.
Fission Uranium drills ‘one of the very best holes’ in Athabasca basin
First results from $12 million winter drilling program provide fresh spark for Vancouver explorer's shares, already up 115% in a year.
Chinese gold jewellery sales jump on year of the horse hopes
The Year of the Snake, associated with laziness and evil, wasn't as good for Lunar New Year gold ornament sales as the Horse which connotes health and energy.
Trade minister: All Indonesia ore and concentrate shipments halted
The steep, last minute metal concentrate tax slapped on copper miners has brought exports to a standstill.
Lake Shore Gold slashes costs 40%
Mill throughput up 60% and better grades see Lake Shore cut cash costs to just $605 an ounce.
As stocks tank, gold price enjoys longest winning streak since 2012
The gold price is up five weeks in a row as safe haven buying returns amid carnage on stock, bond and currency markets.
China, US data hammer copper price
Chinese manufacturing activity records surprise contraction and US slows down against expectations, pushing the copper price down 3% to below $3.30 a pound.
Gandhi comments light fire under gold price
If India lifts its gold import curbs it could unleash massive pent up demand on the sub-continent.
‘All but fizzled’: Last Chinese firm drops bid for Rio’s Canada iron ore
China's third largest steelmaker Wuhan Iron & Steel now also out of the running, leaving no serious bidders for pricey Iron Ore Company of Canada.
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.