Molycorp rallies 44%
Production nearly doubles quarter on quarter.
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:
Gold bears too complacent about Grexit
Gold price pullback since vote hides real possibility of Greek debt default, euro exit and displays overconfidence in ECB's ability to limit contagion says report.
Randgold is piling on the ounces in West Africa
Fast growing Africa-focused Randgold Resource will release a feasibility study for third underground mine at its Loulo-Gounkoto complex in West Africa.
CAT, Komatsu, Volvo slapped with antitrust suit
International Construction Products alleges Big 3 manufacturers are colluding to keep the 1-year old company from selling cheap Chinese equipment in the US.
Scotiabank: Copper ‘likely oversold’
Stimulus in China and production cuts should support the price.
Roxgold rockets on Burkina permits
Double digit gains for Toronto junior after receiving final approval for its high-grade, low-cost Yaramoko gold project.
‘Resounding bearishness’ grips iron ore market
The iron ore price fell again on Thursday losing nearly 6% in four days and falling to a fresh five-and-a-half year low within shouting distance of $60.
Consensus forecast 2015 gold price average: DOWN
Of 35 analysts polled by the London Bullion Market Association Ross Norman of Sharps Pixley is most bullish at $1,321, but 5 others see a dip below $1,000.
Gold price falls out bed
Gold down nearly 3% as eurozone troubles fade from headlines and focus shifts to US fundamentals, rampant dollar and a likely June rise in interest rates.
Mining M&A: Private equity can’t run away fast enough
The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.
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.
