Big pension funds join Barrick board pay spat
Three of the world's largest pension funds are voting against execs upping salaries 36% to more than $1m a month while the company stock sinks.
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:
CHARTS: What will happen to gold price after Greek exit
New study shows Greek bond yields as proxy for euro-zone break-up risk is more reliable than the strength of the US dollar in predicting the gold price.
Codelco spending $25 billion just to keep output steady
$5 billion a year for five years will merely replace exhausted mine capacity says CEO of world's largest copper company.
Study: New projects need a $3.50 copper price
Copper price hasn't traded at those levels for two years.
Iron ore price back below $50 after Chinese property shock
GDP slowdown was expected but China's property sector, responsible for half of steel demand, is in a tailspin as Q1 unsold inventory rises 24%.
Report: Any gold price rally will be sweet but short
Gold briefly fell into negative territory for 2015 on Tuesday with analysts predicting further downside during the second half.
GRAPHIC: Mongolia needs Oyu Tolgoi more than Rio does
Once the fastest growing economy in the world, foreign direct investment in Mongolia collapsed over the space of just two years.
Rare earth price rally evaporates
Beijing ups production limits for 2015 by 12% to 52,500 tonnes after exports bounce back, pulling the plug on a brief rally in rare earth prices.
Hedge funds double bullish gold price bets
Even as the gold price dips below $1,200 an ounce again on Monday.
Iron ore price surges on Chinese import growth
Up 3.2% on Monday after commodity trade data surprise.
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 […]
