Frik Els , Editor

Bottom falls out of jade market

While the jade market in China is a fraction of its overall jewellery trade, the collapse in the value of the stone could indicate tough times for other markets like diamonds and precious metals.

Frik Els | August 13, 2012 | 5:08 pm

South Africa platinum mine death toll reach nine as rival unions clash

A nightshift policeman hacked to death during clashes between rival unions brings to nine the number of fatalities at Lonmin's platinum mine in the North West province of South Africa.

Frik Els | August 13, 2012 | 3:59 pm

Strong quarter leaves Silver Wheaton with plenty cash to continue shopping spree

Record cash flows in Q2 boosted the company's cash pile to $1.1 billion before it doled out $500 million to Hudbay this week. It also has an untapped $400 million credit facility.

Frik Els | August 9, 2012 | 11:19 pm

Obama airs ad attacking Romney for saying coal kills

The ad start by touting Obama support for the clean coal industry specifically in Ohio where coal production has increased 7% since Obama took office and then quotes from a 2003 speech Mitt Romney made at the Salem Massachusetts coal plant.

Frik Els | August 9, 2012 | 10:05 pm

Gabriel Resources up 17% as big bets placed Rosia Montana is happening

Shares of Gabriel Resources climbed 17.7% in heavy volumes on Thursday, bringing its gains since last Friday to 32% as ongoing turmoil in Romanian politics are being interpreted as positive for the Canadian company's plans to build a massive gold mine in Transylvania.

Frik Els | August 9, 2012 | 7:23 pm

Long-suffering Kinross investors welcome cost-cutting chief

"This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs across our operations and projects."

Frik Els | August 9, 2012 | 5:59 pm

Winning iron at the Olympics. Fresh charges of conflict of interest over giant Arctic iron mine

The president of the Qikiqtani Inuit Association is on a junket at the London Olympics as a guest of ArcelorMittal, which is in the final stages of getting approval for its giant iron mine on Inuit land.

Frik Els | August 9, 2012 | 3:35 am

Foreign investors are pulling money out of India’s state-controlled metals and mining firms

India's economy is growing at its slowest pace in nine years and investor confidence has also been eroded by the current government's frequent policy u-turns, corruption scandals and power blackouts.

Frik Els | August 8, 2012 | 11:02 pm

New NASA images: Mars or the Pilbara?

"A metal-making process known to the ancient Romans could be pressed into service to bring Mars into the Iron Age - and start opening the solar system to human habitation."

Frik Els | August 8, 2012 | 10:35 pm

Iron ore slump turns into rout

The latest downturn in the price comes as iron ore stockpiles at Chinese ports climb by more than 420,000 tonnes in a week to almost 100 million tonnes.

Frik Els | August 8, 2012 | 7:39 pm

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