China’s nuclear war on coal
Beijing's already cut coal miners working hours by 16% and plans to eliminate 500 million tonnes of coal capacity within just 3–5 years.
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:
The world’s 50 most valuable stage.mining.companies
Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.
Samarco said to be in restructure talks
30 million tonnes per year iron ore mine owned by BHP and Vale idle since November.
Gold price: Hedge funds bullish bets highest since 2011
Last week large scale gold futures speculators pushed bullish bets to just under 750 tonnes, the highest since gold peaked at $1,900 an ounce August 2011.
Nevsun shares tank after Reservoir accepts takeover
Vancouver-based Nevsun sweetened the deal for Reservoir shareholders with a $75 million cash payment just before the vote.
Samarco iron ore won’t restart this year
Vale-BHP joint venture was shut after deadly dam spill in November – Samarco produced a fifth of global seaborne iron ore pellets supply before the disaster.
CHART: Gold price bulls kept faith as hedge funds wavered
Investors in physically-backed gold ETFs who kept buying all through May as futures speculators dumped positions were vindicated on Thursday.
Gold price touches 2-year high
Gold vaults $1,300 an ounce as inflation, dollar, stock market and geopolitical fears mount and interest rate around the world move into negative territory.
China’s exhausting its gold reserves at 5 times the global rate
New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.
Gold, copper price jumps spark major mining stocks rally
Broad-based advance for mining majors as gold price touches $1,300, iron ore holds $50 and copper price surges 4%
GRAPH: Cobalt price plunge and the EV market
Cobalt prices have plummeted to their lowest level since 2016, as a deluge of supply overwhelms stagnating demand from the electric vehicle […]
