Frik Els , Editor

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

Teddy Roosevelt’s North Dakota badlands ranch ‘threatened’ by gravel pit

Theodore Roosevelt’s ranch in the badlands of North Dakota where the “restorative power of wilderness” made a “lasting impression” on the 26th […]

Frik Els | August 8, 2012 | 5:48 pm

Investors cheer Ivanhoe one last time

After 13 years as a listed entity Tuesday was the last hooray for IVN – a favourite of resource stock investors who enjoyed a 5% gain on the day.

Frik Els | August 7, 2012 | 10:21 pm

Measured against useful assets, ‘sterile’ gold is at ‘multi-generation’ high. Cash out now

Gold is at a 120-year high (at least) relative to US house prices. Likewise, it is at a 74-year high relative to US wages, at multi-generation highs relative to wheat, coffee and cocoa and at the same price relative to the cost of a Yale education as in the first decade of the 20th century.

Frik Els | August 7, 2012 | 7:59 pm

Is this why the call it the devil’s metal? Outcome of CFTC silver price rigging probe murkier than ever

On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.

Frik Els | August 6, 2012 | 9:45 pm

Photos: Iran coal miners toiling for $15 a day

The miners work at a depth of 300 meters in two shifts of 6 hours per day and are hired on a contract basis for 400,000 tomans (about $200) per month

Frik Els | August 6, 2012 | 9:17 pm

AngloGold Ashanti wants to buy more small miners

AngloGold’s completion of five small, but high-value-yielding acquisitions over the past four years was expected to add about 700 000 oz/y to its production profile at about two-thirds of the cost its competitors would pay to build new assets.

Frik Els | August 6, 2012 | 8:01 pm

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