Frik Els , Editor

Copper will benefit from Chinese stimulus, but iron ore problems run deeper

Julian Zhu, analyst at investment bank Goldman Sachs, said that increased government infrastructure spending in the final quarter of the year will […]

Frik Els | September 8, 2012 | 11:44 pm

Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.

Frik Els | September 8, 2012 | 8:19 pm

We build it! China sparks copper surge

Copper's 13c bounce on Friday comes after the Chinese government approved a raft of new building and rail projects this week.

Frik Els | September 7, 2012 | 9:57 pm

Glasenberg grabs top job from Davis in new Glenstrata deal

Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it to BHP in 2001.

Frik Els | September 7, 2012 | 6:05 pm

Meet the Israeli middleman said to have ‘stripped and flipped’ First Quantum’s DRC mine

Gertler, 38, used his relationship with DRC president  Joseph Kabila and Kabila's now late adviser Augustin Katumba Mwanke to bag mining projects "by stripping from others if necessary, only to sell them on at great profit."

Frik Els | August 22, 2012 | 6:32 pm

Turquoise Hill paid $61 million to departing Friedland and co

Severance packages for management, early vesting options and cancelling contracts with Friedland-owned companies for aircraft rental and other office services quickly added up.

Frik Els | August 20, 2012 | 9:51 pm

Lonmin strikers given 24 hour reprieve

Only about a third of a 28,000-strong workforce reported for their shifts at Lonmin's Marikana platinum operations in South Africa. The London-based miner said workers who did not show up today would not face the sack – the deadline has been moved to tomorrow (Tuesday).

Frik Els | August 20, 2012 | 7:17 pm

That $110 iron ore price floor: Gone!

Iron ore has only enjoyed three up trading days over the last six weeks.

Frik Els | August 20, 2012 | 6:50 pm

India’s state-owned rare earth miner heading for Odisha’s beaches

The identified area is the second coastal stretch in Odisha, where deposits of rare earth minerals have been found.

Frik Els | August 20, 2012 | 6:16 pm

Molycorp steadies itself after another brutal sell-off

Molycorp recovered somewhat on Monday after a brutal Friday when the rare earth miner was beaten down 11.8% – it was also one of the most actively traded stocks on the NYSE – after an analyst raised doubts about its Mountain Pass mine ramp-up plans.

Frik Els | August 20, 2012 | 5:46 pm

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