Frik Els, Author at MINING.COM

US gold and silver production dip, copper jumps

First oil sands project in the US takes a step closer

US Oil Sands Inc's Utah project is on-target for completion and start-up in the final quarter of next year after the company raised $9 million on Thursday.

Frik Els | May 3, 2012 | 10:07 pm

Copper is having a terrible 48 hours

Due to its widespread use in construction, communication and transport copper is a bellwether for the global metals industry. The red metal […]

Frik Els | May 3, 2012 | 7:55 pm

Report: Mongolia going the way of Zimbabwe with mandatory state control of foreign miners

Draft legislation, a copy of which was seen by the Financial Times on Wednesday, gave "the clearest sign yet that Mongolia is uncomfortable with the large foreign investments that have so far been a mainstay of economic growth."

Frik Els | May 2, 2012 | 11:57 pm

Brazilian Gold gives long-suffering investors something to smile about

Brazilian Gold Corporation jumped 13.5% on Wednesday on three times usual trading volumes, after announcing positive metallurgical test work at its São Jorge deposit in northern Brazil.

Frik Els | May 2, 2012 | 6:00 pm

Sienna’s winning streak halted by new Peru drill results

Even after today's heavy losses it is still showing gains for the year of 86%.

Frik Els | May 2, 2012 | 5:00 pm

Bean counters taking over at Ivanhoe

Following the resignation of inveterate dealmaker and founder Robert Friedland a fortnight ago, Rio Tinto insiders and Arthur Andersen alumni have been appointed to lead Ivanhoe.

Frik Els | May 2, 2012 | 12:45 am

China's astonishing rise in one simple chart

Red mettle: Has China cornered the copper market?

58% of the world’s refined copper is now stockpiled in China, an increase of 40% in just six months. Traders say the country may hold as much as three quarters of the “spare” stock that is actually available to the market.

Frik Els | May 1, 2012 | 10:37 pm

Allana’s optimistic Danakil Depression resource estimate lifts stock 9.8%

Allana Potash (TSX:AAA) surged 9.8% on Tuesday on higher than usual trading volumes, after upping the resource at its Danakhil project by 90%.

Frik Els | May 1, 2012 | 8:31 pm

Canadian crude falls to $50 below global price

Canadian Oil Sands divvies up 17% more as $23 syncrude discount evaporates

From a 7-year low against US benchmark crude only six weeks ago, syncrude on Monday moved into premium territory.

Frik Els | May 1, 2012 | 2:52 am

Dundee Precious Metals stock in mini meltdown after told to cut smelter feed

"We have spent over $40 million on the smelter in the two years we have owned it and are aware of the challenges that continue to exist there," Chief Executive Jonathan Goodman said in a statement.

Frik Els | April 30, 2012 | 9:06 pm