CHARTS: Mining’s 2017 rally forecast to fizzle out
Consensus forecasts point to double digit declines for the platinum, zinc, copper and lead price by the end of the year, while coal is set to tank.
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: ETF investors remain bullish
North American investors poured $2.5 billion into gold-backed funds in September despite pullback in gold price.
Goldcorp says no production hit as Mexico mine blockade is lifted
Polymetallic Penasquito mine produced one million gold equivalent ounces in 2016.
CHART: With gold price at 8-week low, bulls need a Trump intervention
US president's irrational behaviour and ill-considered remarks "have proved supportive in the past."
Iron ore price resumes fall
At three-month low with $50s now in sight.
SLIDESHOW: Paulson hedge fund in blistering attack on top gold miners
“If we don’t do anything we will continually be disappointed and the industry will slowly dig itself into a hole of irrelevance and oblivion.”
More bad news for copper price
Concentrate supply appears abundant as Chinese smelters hike treatment and refining charges by as much as 10%.
Iron ore price craters
Benchmark price down 7.4% on Thursday.
New chairman set to test BHP’s commitment to Jansen potash
Ken Mackenzie vowed "to bring a fresh perspective to management’s ongoing process of reviewing the portfolio" and "the way we allocate cash".
Gold sinks below $1,300 after Fed ends era of easy money
From next month the US Federal Reserve will shrink the $4.5 trillion balance sheet it built up following the 2008 financial crisis.
Value of EV battery nickel second highest on record, cobalt at 30-month high
Low LFP-penetration markets, Europe is off to the races in 2025 and US buyers pull forward purchases before subsidies end.
