Ultra-bearish call on copper, oil prices
Barclays says commodity gains this year not supported by fundamentals– sector vulnerable to wave of investor liquidation that could knock prices down 20–25%.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
‘Significant milestone’ for new gold mine in Scottish highlands
Scotgold believes gold and silver from its Cononish project near Loch Lomond in Trossachs National Park would attract a "significant premium".
Commodity bulls twisting in the wind
After rebound in sentiment, mining and metals sector increasingly vulnerable to outside shocks says new report.
The end of the global diversified miner?
New report predicts mining's majors will increasingly move away from diversification strategies to concentrate on competitiveness in certain core sectors.
Gold price may be pulling back, ETF investors are not
Money keeps pouring into physical gold-backed ETFs.
Copper price jumps to 20-week high
But doubts are creeping in about sustainability of the rally.
Private capital is ready to invest $7 billion in mining
Half of private capital funds say it's easier to find attractive investments in the sector new study finds.
Vancouver junior buys 26 UK tin mines
Tin price is up more than 25% since January.
CAT sales show mining slump only getting worse
Industry bellwether Caterpillar's global mining equipment sales drop 42% as Asia-Pacific and Latin America orders fall off a cliff.
March mining madness as copper, iron ore prices rebound
Volatile metal and mining stocks enjoy another huge rally Thursday as copper jumps to four-and-a-half month high and the iron ore price surges 5.5%.
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive
Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly.
