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.
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:
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.
Copper price boost after China manufacturing jumps to 27-month high
Gauge of economic activity in top commodity consumer at highest since May 2012 on strong domestic demand and an increase in export orders.
Iron ore price bulls are back
But prediction of a rise above $100 a tonne in the "near future" may not be enough for smaller producers as the big three flood markets.
Goldcorp slashes costs 30%
Vancouver-based company drives all-in costs down to $852/oz and also beats expectations with $1.1 billion in quarterly revenue.
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.
