Frik Els , Editor

Oyu Tolgoi: All that’s left is for China to flip the switch

First ore from the massive copper-gold-silver mine is expected to be processed within six weeks of China and Mongolia signing the final power agreement.

Frik Els | October 9, 2012 | 5:23 pm

Making up for lost time, Chinese traders send iron ore soaring 6%

On Monday upbeat Chinese traders came back from a week-long break and chased the price of the commodity to $110.40.

Frik Els | October 8, 2012 | 11:10 pm

Indonesia threatens ‘harsh measures’ against miners who dismiss workers

Hong Kong-listed G-Resources, said it would dismiss 300 workers from its gold mine in Indonesia where work has stopped over an environmental dispute.

Frik Els | October 8, 2012 | 10:22 pm

Kumba Iron declares force majeure in South Africa

The 40 million tonnes a year Sishen mine only has enough stockpiles for a week.

Frik Els | October 8, 2012 | 10:18 pm

Ruling party aligned union losing grip on South Africa mining

NUM's diminishing influence – blamed in part on its political affiliations and its perceived closeness to big business – is most striking at Impala Platinum's Rustenberg mine where its enrollment has dropped to 13% from 70% before.

Frik Els | October 8, 2012 | 8:18 pm

Want cheap oil? Look no further than Canada

The price oil sands producers receive fell to $38 a barrel below the international benchmark oil price on Monday, leaving more than one fifth of all Alberta projects unviable.

Frik Els | October 8, 2012 | 6:25 pm

US Labor Dept drops bomb on gold traders, dents QE3

The jobs report may mean that the Federal Reserve will end its QE program to flood markets with cheap money sooner rather than later.

Frik Els | October 5, 2012 | 8:33 pm

Vale back to work at Carajás after blockade lifted

Vale was granted a preliminary environmental license for the new mine in June, but the $100 billion company has run into problems with the project before.

Frik Els | October 5, 2012 | 7:05 pm

Kloppers offloads $5 million BHP stock. Don’t worry it’s just a tax thing

At the same time the 50-year-old boss of the world's number one miner also pocketed 300,000 BHP shares worth more than $10 million thanks to the company's employee share incentive scheme.

Frik Els | October 5, 2012 | 6:25 pm

Not one Chinese iron mine makes money at $80. There’s your new price floor

The outlook for iron ore has certainly become more clouded since July, but some of the more bearish analysts may be overshooting on the downside.

Frik Els | October 4, 2012 | 11:55 pm

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