Frik Els, Author at MINING.COM

STUDY: South African mining to remain stagnant

Anglo Platinum’s very bad year could be good for the market

Anglo Platinum, the world's number one platinum producer, suffered more than 80 safety-related work stoppages including 12 fatalities, that resulted in lower output and a drop in profits of over 60% in 2011.

Frik Els | February 13, 2012 | 8:12 pm

Iron ore fundamentals just got better: India exports set to drop another 35% this year

Down from 100 million tonnes in 2010, India's minerals industry federation forecasts only 40 million tonnes will be shipped over the next 12 months.

Frik Els | February 10, 2012 | 8:11 pm

BEAR GRIP: 9 ways 2013 changed gold for good

Golden age for Newcrest as it rakes in net profits at a rate of $110 million per month

When asked if shareholders could be rewarded with a special dividend Newcrest chief executive Greg Robinson said such a move was ''always on the cards'' in times of plenty.

Frik Els | February 10, 2012 | 3:36 pm

Gold price: Hedge funds go 233 tonnes short

Be careful what you wish for Ron Paul. What a world on the gold standard may look like

CNBC's Mark Koba on Thursday has a critical look at US presidential candidate Ron Paul's ideal world – one without a Federal Reserve and a return to the gold standard.

Frik Els | February 9, 2012 | 8:35 pm

The biggest bear of all? Iron ore price heading for $50-something

Canada gets more than just pandas in black and white as Harper signs China uranium deal

Canada’s nuclear-energy industry generates some $6.6 billion in annual revenue, $1.2 billion in exports each year and employs roughly 31,000 people according to Harper's office.

Frik Els | February 9, 2012 | 3:37 pm

Blanchard: Fed overselling rate hike great for gold

Newmont could redirect Conga billions to Ghana if delays continue

Newmont Mining, world number two gold producer, said on Wednesday it has options to spend its capital elsewhere to meet production targets if its $4.8 billion Conga project in Peru does not restart.

Frik Els | February 8, 2012 | 10:31 pm

Crude Canada: Most expensive to extract; sold cheapest

As Canadian oil falls to $50 less than the international benchmark, crude calculations show oil sands producers are losing out on $100 million dollars a day because they cannot sell into global markets.

Frik Els | February 8, 2012 | 8:50 pm

Black stuff: Alpha becomes latest US coal producer idling mines

The company will immediately mothball four mines in central Appalachia, plans to idle two more by early next year and scale back output at other mines as US coal demand for electricity generation wanes.

Frik Els | February 5, 2012 | 10:30 pm

South Africa is looking at mining super-tax, ‘targeted intervention’ in platinum sector

South Africa's ruling party, the African National Congress, appears to be moving away from nationalization of the mining industry to reassure foreign investors but is considering new taxes and "targeted interventions" in the sector, particularly platinum mines.

Frik Els | February 5, 2012 | 9:38 pm

Blown away: 70% of Europe’s new power generation comes from renewables

According to a new European Wind Energy Association report a record 71% of all the new power generating capacity installed in the Europe Union in 2011 came from solar panels, offshore and onshore wind turbines and other renewable energy sources. This at the same time as the world's largest clean coal power station project appears stuck in the starting blocks.

Frik Els | February 5, 2012 | 9:00 pm

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Frik Els , Editor

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