Frik Els , Editor

Teddy Roosevelt’s North Dakota badlands ranch ‘threatened’ by gravel pit

Theodore Roosevelt’s ranch in the badlands of North Dakota where the “restorative power of wilderness” made a “lasting impression” on the 26th […]

Frik Els | August 8, 2012 | 5:48 pm

Investors cheer Ivanhoe one last time

After 13 years as a listed entity Tuesday was the last hooray for IVN – a favourite of resource stock investors who enjoyed a 5% gain on the day.

Frik Els | August 7, 2012 | 10:21 pm

Measured against useful assets, ‘sterile’ gold is at ‘multi-generation’ high. Cash out now

Gold is at a 120-year high (at least) relative to US house prices. Likewise, it is at a 74-year high relative to US wages, at multi-generation highs relative to wheat, coffee and cocoa and at the same price relative to the cost of a Yale education as in the first decade of the 20th century.

Frik Els | August 7, 2012 | 7:59 pm

Is this why the call it the devil’s metal? Outcome of CFTC silver price rigging probe murkier than ever

On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.

Frik Els | August 6, 2012 | 9:45 pm

Photos: Iran coal miners toiling for $15 a day

The miners work at a depth of 300 meters in two shifts of 6 hours per day and are hired on a contract basis for 400,000 tomans (about $200) per month

Frik Els | August 6, 2012 | 9:17 pm

AngloGold Ashanti wants to buy more small miners

AngloGold’s completion of five small, but high-value-yielding acquisitions over the past four years was expected to add about 700 000 oz/y to its production profile at about two-thirds of the cost its competitors would pay to build new assets.

Frik Els | August 6, 2012 | 8:01 pm

Augusta Resources off to the races after environment permit granted for massive Tucson copper mine

Augusta Resource jumped more than 10% on Monday after announcing it has received an air quality permit for its Rosemont mine in Arizona which could by itself account for about 10% of annual US copper output once in production in 2015.

Frik Els | August 6, 2012 | 6:55 pm

No project delays and capex freezes here: China’s biggest gold miner is growing at 60%

China's number one gold producer said Monday first-half revenues surged 61.4% to $7.8 billion compared to 2011 and should exceed $15.5 billion for the full year.

Frik Els | August 6, 2012 | 6:06 pm

Fatal clash over $80 a month mining wage strains Zambia China relations

A Chinese supervisor died on Saturday after being hit by a trolley pushed at him at the Collum mine in Zambia during a dispute over minimum wages.

Frik Els | August 6, 2012 | 6:00 pm

After burning fingers in Congo, First Quantum is going big in Zambia

The Vancouver-based miner inked a deal with a Zambian firm for a new mine on Monday adding to its already ambitious expansion plans totalling $3.7 billion which includes building one of the world's largest copper smelters.

Frik Els | August 6, 2012 | 3:59 pm

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