Freeport to resume Indonesia copper exports within days
Exports for the year could reach 756,000 tonnes after US company agrees to build smelter and sell a stake in subsidiary to locals.
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:
Plenty of room for smaller iron ore players
800m tonnes going into Asian markets that the big four can't displace says 10m tonne per year Pilbara producer Atlas Iron.
Gold ETF buying strongest since November 2012
July gold fund holdings jump on safe haven buying amid geopolitical strife and a correction in equities.
Accusations of Glencore-Zambia tax probe cover-up
The European Investment Bank will not make public the findings of a 2-year tax-avoidance investigation into the Swiss giant's Zambian copper operation.
Doubts creeping in over stellar zinc price run
After hitting a 3-year high on scheduled mine closures, the metal could be running away from fundamentals
Gold price risk still to downside
The gold price's attempts to regain $1,300 level stymied by price-sensitive Chinese demand.
China is taking lunar mining seriously
China' wants astronauts on the moon early 2020s. Filling one shuttle's cargo bay with helium-3 could bring the equivalent energy of 1bn barrels of oil back to earth.
US gold coin sales are plummeting
Down 56% so far this year and on course for almost a 1 million ounces below 2009 peak.
ArcelorMittal buys Mount Nimba from BHP
The deposit in the south of Guinea boasts 935 million tonnes of 63.5% direct shipping ore.
Mongolia foreign investment craters 70%
The Asian nation is dependent on foreign investment in the mining sector to fuel growth.
