Frik Els, Author at MINING.COM

Nichols: Gold price has cleared top two hurdles in 2015

Tanking stocks, dollar decoupling will see gold emerge from 3 years of underperformance says economist Jeffrey Nichols of American Precious Metals Advisors.

Frik Els | January 14, 2015 | 7:37 pm

Faber: Gold will rally 30% in 2015

Wall Street stalwart Marc Faber, also known as Dr Doom, has emerged as 2015's biggest gold bull saying confidence in central banks are about to collapse.

Frik Els | January 14, 2015 | 12:03 am

Mining’s unlikely heroines – Greta Thunberg and AOC

Copper price plummets as commodities drop to 12-year low

Copper price slumps 5% to lowest since July 2009 on Tuesday as worries about global growth overwhelms industrial metals markets.

Frik Els | January 13, 2015 | 8:52 pm

End of an era as GLD falls out of top 10 ETFs

A trader just placed a giant bet on a $130 rise in the gold price

Professional trader, probably working at a hedge fund, could net $50 million from call option on gold-backed ETF if gold rises to $1,350 before end-March.

Frik Els | January 12, 2015 | 9:27 pm

Gold, silver price rally: No convincing ETF investors

Bullion is still being pulled out of physical gold and silver-backed ETFs.

Frik Els | January 12, 2015 | 8:58 pm

Massive buying of gold stocks as fear trade returns

Gold price jumps to highest since October

Slumping stock markets, doubts about US rate hikes, a softer dollar and the oil price implosion sends gold price to highest in two-and-half-months.

Frik Els | January 12, 2015 | 8:01 pm

Goldcorp up 5% as investors dive back into gold stocks

Across the board gains with even heavily criticized Barrick going positive as gold price build on gains.

Frik Els | January 10, 2015 | 12:38 am

Copper price touches 63-month low

Chinese deflation fears pulls copper price down to $2.73 a pound, lowest since September 2009.

Frik Els | January 9, 2015 | 9:07 pm

Forget slower growth, worry about Chinese GDP contraction

CHARTS: Iron ore price won’t withstand 2015 supply flood

Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.

Frik Els | January 9, 2015 | 12:41 am