Thermal coal prices hit 6-year high
Seaborne price for coal used in electricity generation scales $120 a tonne as South Africa diverts exports for domestic use and Asian demand spikes.
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:
Gold price ‘cleared for rally’ after hedge funds dump 700 tonnes
Large scale gold price speculators have cut bullish positions to levels last seen at the end of 2015 when gold hit a 6-year low of $1,050 an ounce.
CHARTS: Halfway through 2018 and the mining rally is over
“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."
Platinum price plunges to 14-year low
Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.
Australia govt sees more iron ore price pain
Top iron ore exporter forecasts a return to the $50s as Chinese imports starts annual decline after decades of growth.
Copper price drops to 9-month low, but what about strikes?
Copper bears drop price 11% in 3 weeks, but new report shows labour contracts still up for renewal threaten 3 million tonnes of production just in Chile.
Escondida labour dispute is unresolved
Mine accounts for 2.5 per cent of Chile's economy.
Automakers spending $255B on EVs a ‘pile-up of epic proportions’
Battery materials can charge mining's next supercycle but new study says automakers will "throw away tens of billions" making electric vehicles no-one wants.
Trade worries aside, copper price has further to fall
"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report.
US-China trade spat wipes $57B from top mining stocks in fortnight
Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail".
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.