Frik Els , Editor

I’ll have mine rare: Chief of $10 billion Chinese Pilbara project now prefers beef over iron ore

Citic Pacific Mining executive chairman Dongyi Hua says "soaring demand for Australian food, particularly beef, among China's 100 million wealthy people could buffer Australia's economy from the effects of an end to the mining boom" particularly given the risk that iron ore prices could fall further.

Frik Els | July 17, 2012 | 12:09 am

If you think Congo is unstable now watch what happens when you throw oil into the mix

New oil reserves could also create new centres of power and in the context of a general oil rush in Central and East Africa, the lack of clearly defined borders, especially in the Great Lakes region, poses significant risk for maintaining regional stability.

Frik Els | July 16, 2012 | 10:21 pm

Mongolia’s new rulers may put world’s richest coal deposit beyond reach

The Democratic Party which campaigned on sharing more of the spoils of mining with Mongolian citizens won the majority of seats while the junior partner in the new ruling coalition, the MPRP – led by a former president Nambaryn Enkhbayar – bases its whole doctrine on taking back foreign-owned mines.

Frik Els | July 16, 2012 | 7:33 pm

Excellon stock falls as labour dispute grinds Mexican ops to a halt

Excellon Resources fell 8% on Monday, after announcing it could run out of stockpiled ore at its Zacatecas-state mill "within the next few days" after a dispute with workers and local landowners halted operations at its La Platosa silver mine in Mexico.

Frik Els | July 16, 2012 | 5:40 pm

Copper tops $3.50 after ‘significant pick-up’ in Chinese investment

“We are looking for a small rebound in the third quarter and a bigger rebound in the fourth quarter.”

Frik Els | July 13, 2012 | 6:52 pm

Ousted Vale CEO back with a bang

Brazilian billionaire André Esteves has teamed up with Roger Agnelli, kicked out of iron ore giant Vale by government shareholders last year, to create their own mining company with an initial investment of $520 million.

Frik Els | July 13, 2012 | 4:48 pm

The Batista ‘bubble’ is bursting

Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.

Frik Els | July 13, 2012 | 12:41 am

Investors dump lone US oil sands developer

US Oil Sands (TSX-V:USO) gave up 20% on Thursday on nine times its usual trading volumes despite the lack of fresh news from the company.

Frik Els | July 12, 2012 | 8:16 pm

US critical minerals bill to cut mine permitting to max 30 months approved

The most controversial aspect of the bill is the ability of the lead agency issuing the permit to decide proposed projects are not subject to National Environmental Policy Act (NEPA) standards.

Frik Els | July 12, 2012 | 7:28 pm

First iron ore, now rare earths: China to launch physical trading platform

The exchange will be located in Baotou city in Inner Mongolia region, which is home to nearly half the world's light rare-earth output.

Frik Els | July 12, 2012 | 6:37 pm

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