New Zimbabwe PGM royalties and fresh blow to Implats add to industry woes
Higher royalties until miners build refineries inside the country and a threat to revisit Implats indigenization deal.
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:
Honda’s starts recycling program to extract 80% of rare earths from used hybrid batteries
386 hybrid vehicles damaged in the March 2011 earthquake and tsunami prompted the Japanese carmaker to design a new extraction process.
Mongolia working hard to avoid the mistakes of 2009 with new mining law
The Law with the Long Name enacted in 2009 abruptly cancelled 200 mining and exploration licences.
US raises serious concerns over Oyu Tolgoi’s environmental, social impact
Won't vote on World Bank funding of $4.5 billion debt package sought by Rio Tinto.
Iron ore price: BHP counters Beijing claims of market manipulation
China says the 80% rise in the iron price between September and February was brought about by traders and miners creating an artificial supply shortage.
Friedland on headless miners, dodos and ethical platinum
Legendary mining financier more than lives up to his reputation as a salesman and astute commentator on the industry.
Black: The #1 problem when owning gold – confiscation, criminalization
"We award dictatorial control of the money supply to a tiny handful of people, and then simply trust them to be good guys."
First Quantum rises after booking $1.2bn compensation for Congo confiscation
Without the once off payment mining profits fell 16%.
Warehouse stocks surging 40% just the start of copper sea change
Large buyer sees the most metal on offer for the first time in seven years.
Toronto junior rockets 40% ahead of Turkey pre-feasibility
Aldridge Minerals is due to release a study on its gold and polymetallic deposit in central Turkey before the end of the month.
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.
