Platinum price pressured as market moves into oversupply
A rise in refined supply (despite a 9% dip in mine-level output) and a drop in automotive and industrial demand erases Q1's 305,000-ounce deficit.
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:
Centerra Gold shares soar on Kyrgyz settlement talks
Canadian miner outlines terms of proposed environmental settlement with Asian nation that would remove cloud over massive Kumtor gold mine.
Gold price breaks higher as hedge fund bulls outnumber bears most since 2012
North Korea sends gold price back to September 2016 levels as trading volumes soar to second highest on record.
Copper price hits fresh 3-year high as output at world’s top producer falls
Chile's state-owned Codelco reports over 5% drop in first half copper production, rising costs.
Govt electricity supply report ‘will not save US coal’
There's nothing in Dept of Energy's electricity grid reliability analysis that'll stop substitution of coal by natural gas and renewable energy says Moody's.
Rio opens 16th Pilbara iron ore mine
Silvergrass adds 10 million tonnes of iron ore to the market as price stabilizes in the mid-$70s.
No 1 producer joins copper rally skeptics as price hits new 3-year high
Chairman of Chile's state-owned copper miner Codelco: "I'm a little skeptical...in the short-term."
Copper price powers on but doubts are starting to creep in
Hedge funds' bullish bets set new record, but is the copper market "overreacting to short-term conditions and ignoring several warning signs"?
Gold price leaps to 10-month high
Hedge funds flock to the gold market.
BHP seeking $2 billion Jansen stake sale
Working with an investment bank to off-load 25% interest in giant potash project in Saskatchewan according to new report.
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.