Copper price gains on talk of massive Codelco premium hikes
Codelco could raise premiums by as much as 50% from this year's $98 a tonne:
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:
Gold price spikes after Fed hints taper would only happen in 2014
As long as the money printing continues gold will attract hard asset investors.
Uralkali chief out of jail
Upheavals in the potash market continues.
Roubini: Fed taper will be slow – 3 years to normalize rates
Gold price will benefit from a continuation of Fed's stimulus program.
Canada crude discount doubles in 3 months
Alberta's bitumen-derived oil is trading for $38 a barrel below global benchmarks.
CHART: $9 trillion monetary expansion not keeping gold afloat
The world's central banks have pumped more than $9 trillion into markets, but the gold price no longer mirrors this unprecedented monetary expansion.
China puts $6bn valuation on 20mtpa Sierra Leone iron ore mine
Shares of African Minerals surged 47% on Thursday after one of China's largest iron-ore trading companies injected $990 million into its Tonkolili mine.
Eric Sprott sold 6m insider shares to throw Barkerville lifeline
Sprott extended $15 million loan to Barkerville which will use the money to keep operating and apply for reinstatement on the TSX Venture Exchange.
India building world’s largest solar power plant
Same capacity as new mega coal-fired plants being built.
Avalon Rare Metals lead mad surge in rare earth juniors
Explorer advancing what would be Canada's first rare earth mine is up 80% in three months.
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.