Did this financier just call the end of the mining rally?
Private equity firm Orion selling $1 billion worth of royalty, streaming and offtake assets covering gold, silver, base metals and diamonds.
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:
Quebec gold miner surges after reserves update
Richmont up more than 12% after drilling program at producing Ontario mine increases reserves by more than a third and lifts average grades to 9.2g/t gold.
Freeport, Indonesia work out Grasberg deal
US copper giant to be given temporary exemption under new mining rules to resume copper exports from Grasberg mine.
Hedge funds have never been this bullish about copper price
Chile closes ports servicing some of the world's biggest copper mines due to rough seas while Escondida strike looms.
Nickel price picked as 2017 winner
New report forecasts 20% improvement in nickel price by end-2017 – copper, lead, zinc, gold, silver to retreat.
Global gold mining output to decline further
Only Africa and Oceania bucking the trend says new study.
Report: Freeport can ride out Grasberg storm
Indonesia's concentrate export ban, new ownership rules and licence conversion worry investors in Arizona copper giant.
World Bank’s a gold price bear
Gold price to drop 8% in 2017 according to bank's January Commodities Outlook, but industrial metals face much better prospects.
Gold price: Physical demand from India, China craters
Study shows global surplus of gold jumped to highest since 2005 at the end of last year while worldwide jewellery fabrication is back at 1988 levels.
The world’s 10 largest copper mining projects
INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive
Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly.
