Frik Els , Editor

Vale says iron ore won’t go below $100 – 40% of Chinese output is already off the market

With iron content in domestic Chinese ore at only 20%, the country simply cannot compete on price with the top exporting countries.

Frik Els | September 27, 2012 | 10:04 pm

Report: North Korea secretly selling citizens’ gold to pay for missiles, birthday bash

Kim Jong-un and co has sold some two tonnes of the precious metal to China.

Frik Els | September 27, 2012 | 7:39 pm

Golden Predator up 21% after downing Brewery Creek

Golden Predators secures $35 million to buy and develop the past producing heap leach gold mining operation in the Yukon.

Frik Els | September 27, 2012 | 5:33 pm

South African mining stuck in ’19th century’

Former anti-Apartheid activist and Gold Fields board member Mamphela Ramphele has some harsh words for South Africa's mining bosses.

Frik Els | September 26, 2012 | 11:36 pm

After passing on Spanish copper Lundin could go shopping elsewhere

Lundin Mining Corporation (TSX:LUN) shed more than 3% on Wednesday after announcing that it does not intend to exercise its $80 million option to acquire 80% of a copper project in northern Spain.

Frik Els | September 26, 2012 | 11:03 pm

Iron ore consolidates as Chinese steel production drops again

Iron ore prices continued to trade in triple digits on Wednesday, adding $0.50 to $104.20 a tonne, as it appears to enter […]

Frik Els | September 26, 2012 | 10:13 pm

Belo Sun’s next challenge at Volta Grande: 2,000 illegal miners

Belo Sun's biggest challenge may not be convincing the indigenous Xingu people or Norte Energia, the owners of the Belo Monte hydroelectric project, that the gold mine is in their best interest.

Frik Els | September 26, 2012 | 9:21 pm

Calvista Gold builds on week’s 70% gains after updating Colombia resource

The Toronto explorer is up 77% since last Wednesday as its California Valley prospects pan out.

Frik Els | September 26, 2012 | 6:28 pm

Good news for Cardero’s Peace River coal project

The resource of the Peace River coal project in BC jumped 180% while the percentage of met coal was upped to 60% from 35% before.

Frik Els | September 23, 2012 | 9:28 pm

Gold in for ‘feverish’ week as option stars align

The recent upward trend is comparable to price gains after QE1 and QE2 indicating the yellow metal is likely to cross $1,900 in October and $2,200 by the start of 2013.

Frik Els | September 23, 2012 | 8:24 pm

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