‘Stronger for longer’: Iron ore price hits 3-week high as Chinese imports jump 22%
The steelmaking raw material is defying predictions of a sharp correction.
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:
Report: Iron ore price at $90 in December and widening surplus to at least 2018
Bear market looks inevitable.
Gold price suffers third day of losses to touch 10-month low
Fed officials are beginning to call an end to QE.
Gold price drops to 9-month low as ETF investors run for exits
Gold price is down $50 in two days to lows not seen since June.
Force majeure: Codelco says losing ‘substantial’ output at its biggest mine
Workers at Radomiro Tomic downed tools on Saturday over a fatality at the 428,000 tonnes a year copper mine.
QUICK FACTS: Gold ETFs, the people’s central bank
Only two countries, the US and Germany, hold more bullion than gold-backed ETF investors.
It’s official, gold is in recession. Five reasons why it will continue to go lower
It's not just ETF outflows that are pointing to lower gold.
Huge blow to Gabon as BHP pulls out
Another African nation has fallen victim of belt-tightening at the world's number one miner.
Are gold miners starting to hedge again?
"No one wants to be the first to move, given how risk averse the mood is."
Construction of $9bn Roy Hill iron ore mine kicks off, no $2-a-day workers needed
The biggest Australian iron ore mine to emerge in decades would not employ any of the 1,700 foreign construction workers it had been allowed to import.
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.