Frik Els, Author at MINING.COM

Battered Molycorp investors shrug latest setback

More pain for SouthGobi shareholders

Embattled SouthGobi Resources (TSX:SGQ) shed over 4% on Wednesday bring its losses since April to 40%, after announcing its Mongolian subsidiary SGS has filed a notice of investment dispute with the government of the Asian country.

Frik Els | July 11, 2012 | 10:00 pm

Kyrgyz Republic seizes Stans Energy rare earth project

Stans Energy up 10% after producing heavy REEs in Kyrgyzstan ahead of schedule

The company said 50kg of dysprosium with 99.9% purity was separated from resins remaining from past production runs at the former Soviet Union's number one rare earth plant.

Frik Els | July 11, 2012 | 8:35 pm

China blocks WTO rare earths arbitration as US critical minerals bill goes to a vote

"Passage of this legislation is an important step toward recovering the 22,000 rare earth-related jobs the U.S. has lost since the 1980s.”

Frik Els | July 11, 2012 | 7:17 pm

Jim Rogers says gold has much further to fall: ‘It’s normal for corrections to go down 30% or 40%’

Jim Rogers, the legendary commodity investor tells CNBC the 20% pullback in the price of gold from record highs in August last year may not have run its course.

Frik Els | July 8, 2012 | 11:58 pm

Rarest element in REE debate is rationality

News from unnamed sources that quoted unnamed analysts that China has started stockpiling rare earths had the industry buzzing this week.

Frik Els | July 8, 2012 | 11:03 pm

Fury over Conga threatens to overwhelm Peru’s president

Peru's President Ollanta Humala declared a state of emergency and has now enlisted the help of the clergy after deadly clashes but the violence shows no signs of letting up.

Frik Els | July 8, 2012 | 8:21 pm

Papua New Guinea scares off another miner

As Papua New Guinea's sometimes shambolic elections drag on into a third week, already nervous miners with projects in the country would not have been encouraged by news of another miner falling foul of the country's authorities.

Frik Els | July 8, 2012 | 12:01 am

Massive new Brazil mine will pipe iron-water slurry 420 kilometres to coast

Hong Kong's Honbridge Holdings plans to build a 420 kilometre pipeline to move iron-ore from Brazil's Minas Gerais state to the coast in stead of building a railway line for its new $3.6 billion – $4.2 billion mine.

Frik Els | July 7, 2012 | 9:41 pm

Doubts creeping in over stellar zinc price run

Abundant zinc could replace scarce and pricey indium in solar panels

Oxford University researchers looking for more efficient and cheaper ways to manufacture solar panels have found a possible solution in lowly base metal zinc.

Frik Els | July 7, 2012 | 8:55 pm

Wage talks in South Africa’s gold sector reach standstill: strike imminent

Eastplats caps 30% weekly gain with rap on the knuckles from BC securities commission

Vancouver-based Eastern Platinum was forced to issue a clarification over contained platinum resources at its South African PGM properties following a review by the British Columbia Securities Commission.

Frik Els | July 6, 2012 | 9:57 pm

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