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."
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:
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.
Giant Peru copper project attracts first bidder
Peru is auctioning off the $2 billion Michiquillay copper project in the northern region of Cajamarca on November 15.
Iron ore price drops through $70
Now Australia's central bank wades into debate about the direction of the iron ore price.
McEwen shares drop after $40m stock offer
McEwen announces bought deal at deep discount to ruling share price to finance purchase of Ontario gold mine.
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.