Frik Els , Editor

2012 Mining Billionaires: #26 Alexander Abramov, #27 Gautam Adani, #28 Dennis Washington

A Russian scientist ditches the lab for mines. An Indian diamond dealer building coal ports. And a small Montana copper mine leads to a private island.

Frik Els | April 15, 2012 | 10:03 pm

2012 Mining Billionaires: #29 Andrei Skoch, #30 Low Tuck Kwong

Russia’s richest member of parliament & the wealthiest of Indonesia’s three coal billionaires.

Frik Els | April 15, 2012 | 10:02 pm

2012 Mining Billionaires: #31 Anil Agarwal, #32 Andrei Guriev, #33 Vladimir Kim

From scrap metal trader to a $1 billion university in your name & The Soviet era’s ultimate mine turnaround story

Frik Els | April 15, 2012 | 10:01 pm

2012 Mining Billionaires: #34 Vasily Anisimov, #35 Alexander Nesis, #36 Igor Zyuzin, #37 Patokh Chodiev, #38 Alijan Ibragimov, #39 Alexander Machkevich, #40 Daniel Mate, #41 Aristotelis Mistakidis

A batch of Glencore billionaires and an unlikely threesome who together built an Eurasian copper giant.

Frik Els | April 15, 2012 | 10:00 pm

2012 Mining Billionaires: #42 – #87 Chen Fashu to Roberto Ongpin

The last of the mining billionaires.

Frik Els | April 15, 2012 | 9:00 pm

400,000 tonnes dead weight – Vale’s massive ore carriers suffer new setback

Two of Vale's massive Valemax carriers were in Subic Bay, Philippines for just under a month transferring cargo to smaller ships to carry iron ore onto China, because the 400,000 tonne vessels may not dock at Chinese ports.

Frik Els | April 15, 2012 | 7:20 pm

With 4 mega-projects sucking up $120 billion, BHP vows to ‘live within its means’

BHP's four largest projects – Olympic Dam, the Outer Harbour iron ore infrastructure project in Australia, expansion of its US shale gas operations and Jansen potash in Saskatchewan, Canada – require $120 billion in capex costs, but will only start to contribute to the bottom line by 2023.

Frik Els | April 15, 2012 | 12:50 am

You’ll soon be able to choose from a bunch of diamond ETFs

A small number of investment professionals around the world are competing behind the scenes to turn the gem into a commodity that would be available to investors in the way that gold has been traded through funds on exchanges.

Frik Els | April 15, 2012 | 12:30 am

Billionaire behaving badly? Glencore’s Glasenberg caught in Africa child labour, acid dumping row

In a scathing new BBC documentary that includes the first ever television interview with CEO Ivan Glasenberg, commodities trader Glencore is accused of allowing dumping of acid into streams, child labour and deadly underground working conditions at its copper-cobalt mine in the Democratic Republic of Congo.

Frik Els | April 14, 2012 | 11:55 pm

Ivanhoe staggers as Ouy Tolgoi costs balloon to $13 billion

Ivanhoe and Rio Tinto not only have to deal with higher projected mining and processing costs at the mega-mine but also development delays and most worryingly, lower ore grades.

Frik Els | April 13, 2012 | 10:24 pm

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