Frik Els , Editor

Heard the rumour China is buying 6,000 tonnes of gold? It may not be as crazy as it sounds

“There’s a significant discrepancy between domestic gold demand in China and the level of Chinese gold imports and production."

Frik Els | August 17, 2012 | 5:27 pm

Oyu Tolgoi start-up, costs under threat from Mongolia–China stand-off

Rio Tinto would have to build its own power plant and delay commercial production if the two nations cannot come to a deal during long-running power negotiations.

Frik Els | August 17, 2012 | 4:04 pm

PotashCorp shuts mine and Vale delays major project as potash prices decline

The downturn in potash prices claimed more victims this week.

Frik Els | August 17, 2012 | 2:50 pm

Latest on South Africa mine clashes: 44 dead, 78 injured, 259 arrested

A standoff between hundreds of strikers wielding pangas and sticks at London-listed Lonmin's Marikana mine ended when police began firing on a surging crowds leaving many dead.

Frik Els | August 17, 2012 | 1:52 pm

And you thought Molycorp had it tough: Some Chinese REE miners report 90% drop in earnings

Downstream companies are playing a wait and see game, hoping to capitalize if rare earth prices decline further.

Frik Els | August 16, 2012 | 10:49 pm

Egypt to issue tenders for foreign gold explorers

The Egyptian Mineral Resources Authority plans to issue international tenders in September to explore for gold in seven areas in Egypt's Eastern Desert and Marsa Alam regions in the south where it has identified deposits.

Frik Els | August 16, 2012 | 7:24 pm

Investors cheer Barrick’s plans to sell African Barrick to China

Barrick Gold was trading up 3.8% in heavy volumes in Toronto and African Barrick Gold shot up 8% after Barrick confirmed that it is in early talks with China National Gold Group regarding its 74% holding in ABG.

Frik Els | August 16, 2012 | 4:38 pm

China’s ‘golden years’ over says Vale

"We are not going to see the spectacular growth rates of 10, 12 percent per year."

Frik Els | August 15, 2012 | 8:51 pm

For the mining exec who has everything: A copper keyboard

The latest copper product destined for the world's hospitals, or the boardrooms of mining companies looking for something a little bit different on the corporate gift register this Christmas.

Frik Els | August 15, 2012 | 5:18 pm

The US has now installed enough wind turbines to power all California’s homes

Total US wind power capacity now sits at 50,000 megawatts, enough to power 12 million homes annually and according to energy officials nearly 70% of all of the equipment installed at US wind farms last year came from domestic manufacturers.

Frik Els | August 15, 2012 | 12:06 am

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