Coking coal resumes sharp decline
Down 4.7% on Tuesday to five-month low as ultra-cheap Mongolian coal gets trucked into market.
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:
Iron ore price hits 2.5-year high
Chinese import volumes rise to second highest on record in January.
Copper price surges on BHP force majeure
Copper hits 20-month high after world's number one miner says can't honour supply contracts from Escondida, responsible for 5% of global output.
Copper price drops despite outages at world’s biggest mines
Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.
Goldcorp buys back gold stream on giant Chile project
Vancouver company pays $65 million cash for a 4% stream on El Morro deposit, half of NuevoUnion, its joint venture with Teck.
Southern Copper wants to shoot the lights out
World number five producer adding 600,000 annual tonnes in six years.
Coking coal price finally breaks fall
Indian consortium plans to restart Benga mine in Mozambique bought from Rio Tinto for a fraction of Melbourne company's original purchase price.
CHARTS: Gold price propped up (only) by Western investors
New report shows 2016 inflows into gold ETFs in the US in Europe increased to second highest on record, but all other sources of demand dropped sharply.
CHART: Mining rally continues into 2017
Seaborne coal, tin prices are the big exceptions.
Gold price jumps to 11-week high – more gains ahead
Survey of 23 gold analysts forecast a bullish 2017 amid increasing global economic and geopolitical uncertainty.
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive
Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly.
