Gold price at 18-month low as US investors sour on bullion ETFs
Investment outflows in the US drive global gold demand to lowest since 2009 as strong economy provides "little incentive to buy gold".
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Falling Chinese electric car production wrenches lithium price
The world’s automakers “don’t worry about lithium supply anymore” – Simon Moores.
Copper price bears shrug $280B China stimulus package
And Chuquicamata stoppage, looming Escondida strike.
Anglo American approves $5 billion copper project in Peru
30-year reserve life.
Copper price plunges to 1-year low
Metal market mayhem with $13 billion worth of copper futures offloaded by lunchtime.
Tesla to open Shanghai plant with capacity of 500,000 cars a year
Chinese electric vehicle ecosystem continues to expand.
Electric vehicle demand will double nickel price – as soon as 2022
New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.
CHART: Copper, nickel, zinc prices – plenty upside just to revert to mean
Even after two years of gains, industrial metals trade well below 10-year mean prices. Silver looks cheap, but gold, crude may be fully priced already.
The Vancouver junior shaking up the lithium mining industry
MGX Minerals is rolling out technology that cleans and harvests lithium from wastewater generated by oil and gas – 80m barrels a day in North America alone.
Copper price takes another huge hit
Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.