Credit stress test of gold miners makes grim reading
Barrick already at risk of a downgrade at today's gold price, but at $1,200 the world's largest gold producer faces junk status.
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:
How one short seller’s ‘shock & awe’ crushed gold with a 400 tonne trade
"It is a question of who has got the biggest guns - the shorts have made their play - let's see if there is any response from the longs."
CHART: Gold price vs ETF tonnes shows crash was inevitable
So perhaps it was a central bank conspiracy after all. Just not the one you would've expected.
Perspective needed: Together Apple investors lost 5 times what gold traders have in 2013
The gold market carnage may look worse than it is.
Gold drops again after hours
Gold price hits 27-month low.
Bill Gross: ‘I would still buy gold here’
Manager of world's largest bond fund still believes in gold as hedge against inflation.
Meltdown for mining stocks
A plunge in precious metals prices and weak copper drag mining stocks to new lows.
Gold price suffers biggest 1-day fall on record
The gold price correction is turning into a massacre.
UPDATE: Gold price sinks $88 after hours
A new round of selling.
Billions wiped off gold mining stocks
The sell-off in gold accelerated late Friday dragging gold stocks down to multi-year lows.
Value of EV battery nickel second highest on record, cobalt at 30-month high
Low LFP-penetration markets, Europe is off to the races in 2025 and US buyers pull forward purchases before subsidies end.
