Frik Els, Author at MINING.COM

Gold price to see worst month in over four years

Year to the day of $200 shocker, another strange gold price plunge

15 April last year the price of gold plunged $130 in a single session and over $200 in just two days. Today, another inexplicable gold price flash crash.

Frik Els | April 15, 2014 | 6:04 pm

GRAPH: Why you can't compete with Rio iron ore

Rio Tinto iron ore output falls short

But copper production shoots up 17% in first quarter.

Frik Els | April 14, 2014 | 11:12 pm

Ukraine escalation lifts gold price to 3-week high

Safe-haven buying sparked after Ukraine calls for UN Peacekeepers and chances of "gas war" increases.

Frik Els | April 14, 2014 | 10:01 pm

Fortuna Silver jumps after breaking production records

The Vancouver-based miner's shares surge after its silver and gold properties in Mexico and Peru up production more than 50%.

Frik Els | April 14, 2014 | 7:22 pm

Flood of buying pushes Montana PGM miner to near 3-year high

Only US platinum, palladium producer on massive tear

Now a $2 billion stock, Stillwater Mining gaps higher again on Monday as South Africa-Russian supply picture darkens.

Frik Els | April 14, 2014 | 6:29 pm

Goldman Sachs: Gold will drop $200 by end of year

Goldman: No reason to change prediction of 20% drop in gold price

Goldman Sachs said it's sticking to its original forecast of gold at $1,050 an ounce by the end of the year.

Frik Els | April 14, 2014 | 5:36 pm

Investors may be leaning towards Goldcorp bid for Osisko

Goldcorp's sweetened offer is straightforward, requires no formal shareholder approval and could be completed by as early as end-April.

Frik Els | April 13, 2014 | 11:17 pm

Glasenberg pulls off blockbuster Las Bambas deal

Chinese buyers cough up $6.3 billion in cool hard cash for massive Peru copper project indicating renewed confidence in prospects for the red metal.

Frik Els | April 13, 2014 | 9:11 pm

The Ore Wars after the Flash Crash

The 8% one-day drop in the iron ore price in March was the result of a new dynamic in the market: panicked selling by traders using ore as loan collateral.

Frik Els | April 13, 2014 | 7:05 pm