Iron ore price hits 6-month high
The price is up more than 27% from lows struck in October last year when the steelmaking ingredient experienced a mini crash.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Vale vs IMF: Who are you going to believe?
Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth is.
Infographic: Let’s get physical – almost everything you wanted to know about gold vaults
A look at how global investor demand has shifted to physical gold held in vaults over the past decade.
New report shows resource investors cannot pick a worse spot to put their money than Toronto
Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone last.
Reports of Mugabe’s death are greatly exaggerated
Widely circulated reports that the 88-year old were fighting for his life in a Singapore hospital were deemed to be "lies meant to destabilise Zimbabwe," according to a spokesman.
Glasenberg – 1, Xstrata shareholders – 0
The $2.6 billion Qatari investment could provide Glencore CEO Ivan Glasenberg the necessary backing he needs to push through the deal which many Xstrata shareholders say sell them short.
Banro shuffles board as stock losses mount
The DRC gold miner is now down more than 25% from a high of $5.68 hit seven weeks ago.
Ivanhoe bloodletting continues
The Vancouver-based miner gave up another 3% on Monday, bringing its losses over the past trading week to 15% as worries about grades and costs at Oyu Tolgoi – one of the richest copper and gold mines in the world – continue to mount.
FT: Spain and Portugal on the brink of mining renaissance
TSX-listed Emed Mining hopes to re-open the Rio Tinto copper mines in southern Spain after an almost 30-year hiatus.
Investors look the other way after White Tiger Gold’s loss, management’s 800% pay hike
White Tiger Gold swung into a loss in 2011 mainly due to what the company termed "administrative costs" in relation to the merger with Century Mining. In the process management's remuneration jumped to $3.9 million from $422,000 the year before. Investors shrugged and sent White Tiger Gold jumping 10.2% on Monday.
CHART: Asian EV battery makers buy 94% of global battery metals
EV battery manufacturers based in China, Korea and Japan have almost complete control of the global market, and it’s not changing any time soon.