Frik Els, Author at MINING.COM

Gold price drops to 5-week low. Goldman sees short term sub-$1,000 risk

Jeffrey Currie, the head of commodities research at Goldman Sachs, sees gold overshooting on the downside and the metal could "clearly trade below $1,000."

Frik Els | September 13, 2013 | 5:18 pm

Glencore may have to dump $16 billion of stockpiles

CHARTS: Australia, Canada met coal outlook OK. US not so much

50% of US met coal exporters lose money at today's prices.

Frik Els | September 12, 2013 | 11:10 pm

Report: Billionaire Steinmetz Geneva home raided amid Simandou probe

Diamond magnate Beny Steinmetz's BSG Resources caught up in a corruption probe of concession for Africa's richest iron ore field.

Frik Els | September 12, 2013 | 10:06 pm

These 6 metals, minerals back to greenfield pricing by 2020

Glencore freezing $6bn project may be just the start as thermal coal price drops near 3-year low

Funding for coal plants drying up as thermal falls below $80 a tonne for the first time since October 2009.

Frik Els | September 11, 2013 | 10:49 pm

Iron ore shipping rates to continue to climb

More bullish signs for iron ore as shipping rates continue to climb

Chinese investment in railroads, buildings and other infrastructure will rise 20% this year, requiring 200 million tonnes of iron ore.

Frik Els | September 11, 2013 | 6:39 pm

BEAR GRIP: 9 ways 2013 changed gold for good

Forget Syria and India. The Fed remains no 1 threat to gold price

UBS sees renewed selling of gold if and when the Fed start to taper next week.

Frik Els | September 11, 2013 | 4:40 pm

Heavy selling of gold stocks may point to further declines for bullion

The sector takes a battering on Tuesday led by 6.7% decline for Goldcorp, world's most valuable gold miner.

Frik Els | September 10, 2013 | 11:07 pm

Gamechanger: Chinese Valemax ban could be relaxed soon

With iron ore freight rates soaring, lifting the ban on Vale's mega-carriers could be a game changer.

Frik Els | September 10, 2013 | 5:48 pm

Drought pushing Indian gold demand to 8-year low

India gold imports plummet 70%

Government curbs, a falling rupee and higher dollar gold price in August drove Indians out of the market.

Frik Els | September 10, 2013 | 4:35 pm

Gold price falls to near month-low on Syria deal

Losing sight of $1,400.

Frik Els | September 10, 2013 | 4:09 pm

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