Gold price: ETF holdings jump to near 5-year high
Hedge funds have also been building exposure to gold, doubling bullish bets on futures markets to 20m ounces in just three weeks.
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:
Pretium shares tank after Brucejack ramp up disappoints
Vancouver producer announces lower gold production, recoveries at its only mine six months into ramp-up – stock is down 26%.
Barrick just makes 2017 production guidance
Only the Nevada operations of the Toronto-based gold mining giant increased output in 2017.
Zinc price hits fresh decade high
“From the macro point of view, this is not an environment where you’d want to be shorting metals.”
Skeena shares take off on BC Golden Triangle drilling
Past-producing Snip mine delivers again for Vancouver junior six months after acquiring property from Barrick Gold.
CHARTS: Big mining’s surge in value shames tech giants
The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.
Cobalt price bulls’ worst fears may just have been confirmed
Breakthrough discovery backed by the US government replaces cobalt with iron in lithium-ion batteries – enabling much cheaper, longer lasting batteries.
Copper price jumps after China cuts scrap imports by 94%
Beijing's clampdown on heavy industry continues to have positive impacts for miners outside the country.
Goldman has more good news for copper, zinc price
Chinese supply-side reforms, environmental cuts translate into higher prices and less Chinese production, "both of which benefit ex-China producers."
Solgold maiden resource at Alpala, Ecuador is 5.2m tonnes copper
And 12.3m contained ounces of gold.
US rare earth stock cracks top 50 mining companies for the first time
Non-Chinese rare earth producers have been conspicuously absent from mining’s top tier, now worth a collective $1.5 trillion, up $200 billion year to date.