Batista takes another blow as his iron ore firm records massive loss
MMX posts loss as Batista's empire is dragged down by debts and his wealth declines $1bn in a month.
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:
Political infighting may be behind latest Oyu Tolgoi delay
Mongolian state representative on Oyu Tolgoi board may be jockeying for position ahead of presidential elections.
Gold investors deaf to Fed stimulus talk as India joins ETF sell-off
Ben Bernanke stays on path to $4 trillion, but gold attracts no inflation-hedge buying.
Conviction sell: Rio downgrade gives entire iron ore sector a bloody nose
Goldman Sachs sees significant earnings declines at world number two miner.
UPDATE: Barrick says Pueblo Viejo shipment released by Dominican customs
World number one gold miner contradicts earlier reports.
Cyprus brings gold price ‘immunity’ as ETF outflows hit 18 tonnes a day
Cyprus crisis is burnishing gold's safe have status even as 180 tonnes leave ETFs since the start of the year.
Potash project fallout: Vale tells directors to leave Argentina over ‘safety concerns’
Tensions over Vale dropping potash project with skyrocketing costs rise.
Gold price scales $1,600 as Europe shoots itself in the foot
EU giving Cypriots a haircut called an "unfathomable madness" by some financial analysts.
160-year study of real commodity prices sees beginning of the end of the supercycle
For those with a very long time horizon, the news is good though.
Coking coal price under pressure
Softening price despite surging steel production in China.
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.