Frik Els, Author at MINING.COM

Iron ore price rally just gave miners ‘false hope’

Iron ore price declines to resume as Shanghai rebar drops to record low Wednesday with bears calling rally just a blip before prices retreat to $40s again.

Frik Els | June 17, 2015 | 5:14 pm

Mick Davis outbid

X2 Resources still in race for Anglo's mines but "couldn't make the numbers work" for Barrick's Zaldivar with seven firms outbidding the $5 billion fund.

Frik Els | June 17, 2015 | 3:02 pm

Platinum, palladium prices tank as investors flee

Platinum, palladium prices pounded again

Palladium enters bear market and platinum hits fresh six-and-a-half year low on worries over Greek debt crisis.

Frik Els | June 17, 2015 | 11:53 am

Mining in 2016: Six reasons to be cheerful

Mining industry inertia will come at a price

PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.

Frik Els | June 16, 2015 | 2:12 pm

The 8 times since Black Monday stocks investors wish they'd held gold

Gold price: Hedge funds go 233 tonnes short

Large futures speculators add more than 30% to bearish bets, second highest since 2007.

Frik Els | June 15, 2015 | 3:49 pm

Gold price: First signs of Greek contagion

After a more-than-likely Greek debt default the focus "may soon move on to the far more serious issue of potential Greek exit from the euro-zone itself."

Frik Els | June 15, 2015 | 1:41 pm

CHARTS: China’s steel, iron, coal industry growth collapsing

A new report shows China's move away from industrialization and construction to consumption and services is happening much quicker than previously thought.

Frik Els | June 12, 2015 | 2:40 pm

Mine financing: 2015 off to dismal start

A third of money raised is destined for Canadian projects while Australia's share of global total drops to only 5%.

Frik Els | June 11, 2015 | 12:00 pm

Gigantic new copper mine reaches milestone

Gigantic Chinese-owned mine shaking up copper’s top tier

Chinese-owned Peruvian mine inks 15-year transport deal moving 400,000 tonnes per year from January 1 2016 making it the planet's third largest copper mine.

Frik Els | June 10, 2015 | 4:48 pm