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:

Gold price: Hedge funds go 233 tonnes short

Ivanhoe to crush poison pill saving shareholders $73 billion

The Globe & Mail reports Ivanhoe Mines, building Mongolia’s Oyu Tolgoi, will scrap a controversial “poison pill” that clears the way for Rio Tinto, which already owns 49% of the Vancouver-based company, to do a complete takeover. The shareholder provision would have triggered an automatic rights offer estimated at $73 billion.
Frik Els | January 19, 2012 | 1:37 am

No Keystone XL means Canadian crude will stay dirt cheap

Caving to pressure from environmental groups, the Obama administration on Wednesday rejected the $7 billion-plus Keystone XL pipeline which would have carried 700,000 barrels of crude oil a day from the Alberta oil sands to refineries along the US Gulf coast. The lack of pipelines like Keystone has meant that Canadian crude sells for much cheaper than global oil – on Wednesday the discount widened to over $30.
Frik Els | January 18, 2012 | 8:44 pm

Meet the Gateway pipeline’s most formidable opponent

CTV reports the business-savvy Haisla First Nation presents a complex challenge to backers of the $5.5 billion Gateway pipeline project that would stretch for 1,170km to Kitimat in northern British Columbia while the Financial Post explains why Kitimat may have already received all the infrastructure investment it could absorb.
Frik Els | January 15, 2012 | 7:15 pm

Prospecting in Queensland just got much more expensive

The Australian reports the Queensland government is going after speculative prospecting by what the state treasurer termed two-dollar shell mining companies, slapping the industry with $375 million in additional fees. Under the radical new rules competitive cash-bidding auctions for mining exploration permits will replace the flat $1,030 application fee in force currently.
Frik Els | January 13, 2012 | 7:55 pm
Featured Post

CHARTS: EV battery metals bill sets new low as lithium, nickel, cobalt price slump continues

The raw materials bill for the average EV is now down to $510 compared to a peak of more than $1,900 at the beginning of last year. 
Frik Els | December 26, 2024 | 1:59 pm