Frik Els, Author at MINING.COM

Hedge funds have never been this bearish on commodities

Gold price pares gains as talk of market manipulation intensifies

The gold price did not capitalize on the ongoing stand-off in Washington on Monday, but recovered somewhat from the massive sell order that knocked the metal to three month lows on Friday.

Frik Els | October 14, 2013 | 8:42 pm

Permanent supply cuts needed to lift metal prices

Mining majors rerate as China, iron ore price defy gloom

Big 4 enjoy huge market value gains as the price of their most profitable product and the prospects of their number one customer continue to recover.

Frik Els | October 14, 2013 | 7:05 pm

Chinese imports, warehouse drawdown boost copper price

Copper price jumps on Chinese import surge, warehouse drawdown

Copper up 1% as Chinese imports reach 18-month high, global warehouse inventories decline for the 28th consecutive session.

Frik Els | October 14, 2013 | 5:12 pm

Slowdown. What slowdown? China’s copper, iron ore imports set records

Customs data for September may indicate fears of a Chinese economic slump are overblown.

Frik Els | October 13, 2013 | 10:18 pm

Art Cashin on the ‘strange happenings’ in the paper gold market

"And while I am far from being a conspiracy theorist, I could see where some of the people involved in that asset class would be concerned."

Frik Els | October 13, 2013 | 7:40 pm

Sweeping changes to Myanmar mining laws planned

Less state involvement, possible lifting of ban on ore exports and smoother licensing process envisaged for South Asian nation.

Frik Els | October 13, 2013 | 6:35 pm

GM’s battery switch more good news for lead

Lowly lead predicted to be 2014's best performing metal.

Frik Els | October 13, 2013 | 5:33 pm

Gabriel Resources uncertain about future of its Romanian gold project

Fresh protests erupt over Europe’s largest gold project

Thousands of people gathered in the Romanian capital Bucharest and other cities on Sunday in a show of opposition against the Rosia Montana project in Transylvania

Frik Els | October 13, 2013 | 1:06 am

Guerrillas bomb Cerrejon coal railway in Colombia

It is the third such attack on Cerrejon infrastructure — a joint venture between Anglo American, BHP Billiton and Xstrata — this year and follows seven incidents in 2012.

Frik Els | October 13, 2013 | 12:28 am