Turquoise Hill up 22% after Oyu Tolgoi tax bill slashed
Mongolia knocks $100m off tax claim to revive expansion of massive copper-gold mine owned by Rio Tinto unit Turquoise Hill.
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 price erases most of 2014 gains
Geopolitical risk premium evaporates, dollar surges and focus shifts to US monetary policy.
CHARTS: Giant gap between future lithium supply, demand
New study shows soaring demand for lithium in electric cars and estimates of supply growth don't come close. The opposite is true for rare earths.
Iron ore price bears come out in force
2014 is the "inflection point" and "until mines close it's a world of $70 prices of iron ore."
Nickel price rally still has a long way to go
Filipino supply worries, depleting Chinese stocks and Indonesian refinery delays could see nickel rise close to $30,000 a tonne.
How the India-China trade summit could rock iron ore
Reviving the China-India ore trade which peaked at 120mtpa in 2009 could be part of a grand bargain when Modi and Xi meet for the first time in New Delhi.
Agnico Eagle to buy Cayden Resources for $205m
Mostly shares-based deal will see Toronto-based Agnico Eagle acquire two highly prospective Mexican gold properties.
Investors, speculators leaving gold market in droves
After massive weekly drop gold-backed ETF holdings come perilously close to 4-year lows, while hedge funds slash bullish bets on gold and silver.
Goldcorp: We have hit PEAK gold
CEO Chuck Jeannes says barring a major technological breakthrough global gold production probably peaked in 2013.
Vancouver is where miners still hang their hats
Over 1,400 companies with Lotusland addresses.
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.
