Frik Els , Editor

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

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

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