More bullish signs for iron ore as shipping rates continue to climb
Chinese investment in railroads, buildings and other infrastructure will rise 20% this year, requiring 200 million tonnes of iron ore.
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:
Forget Syria and India. The Fed remains no 1 threat to gold price
UBS sees renewed selling of gold if and when the Fed start to taper next week.
Heavy selling of gold stocks may point to further declines for bullion
The sector takes a battering on Tuesday led by 6.7% decline for Goldcorp, world's most valuable gold miner.
Gamechanger: Chinese Valemax ban could be relaxed soon
With iron ore freight rates soaring, lifting the ban on Vale's mega-carriers could be a game changer.
India gold imports plummet 70%
Government curbs, a falling rupee and higher dollar gold price in August drove Indians out of the market.
Gold price falls to near month-low on Syria deal
Losing sight of $1,400.
China turns JP Morgan bullish on copper
Investment bank goes tactically overweight on base metals (and closes underweight position on precious metals).
The best indicator of China’s commodity trade is on an insane surge
Freight rates for iron-ore carrying vessels are up an astonishing 67% since end of August.
Iron ore price indicators all point up, but there’s an (Indian) elephant in the room
Demand in China is surging, but India is desperate for foreign currency and could start dumping ore on the spot market.
Traders don’t see Syria doing much for gold price
Despite the worries over war in Syria and Friday's disappointing US jobs report, precious metals traders are evenly split on gold's direction next week.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.