Copper tops $3.50 after ‘significant pick-up’ in Chinese investment
“We are looking for a small rebound in the third quarter and a bigger rebound in the fourth quarter.”
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:
Ousted Vale CEO back with a bang
Brazilian billionaire André Esteves has teamed up with Roger Agnelli, kicked out of iron ore giant Vale by government shareholders last year, to create their own mining company with an initial investment of $520 million.
The Batista ‘bubble’ is bursting
Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.
Investors dump lone US oil sands developer
US Oil Sands (TSX-V:USO) gave up 20% on Thursday on nine times its usual trading volumes despite the lack of fresh news from the company.
US critical minerals bill to cut mine permitting to max 30 months approved
The most controversial aspect of the bill is the ability of the lead agency issuing the permit to decide proposed projects are not subject to National Environmental Policy Act (NEPA) standards.
First iron ore, now rare earths: China to launch physical trading platform
The exchange will be located in Baotou city in Inner Mongolia region, which is home to nearly half the world's light rare-earth output.
Gold, QE3 and antibiotics
A growing number of analysts are pointing out that returns from quantitative easing are fast diminishing.
Second day of heavy losses has Semafo investors reeling
The Montreal-based company, down 21% following a dive of 17% on Wednesday, were deemed by investors to have overpromised and underdelivered on its exploration results.
Mongolia kingmaker: ‘Fix’ Oyu Tolgoi ‘shadow masters’ and ‘scare to death’ Tavan Tolgoi oligarchs
The Facebook page of the junior partner in the likely ruling coalition post the Mongolian elections makes for scary reading.
More pain for SouthGobi shareholders
Embattled SouthGobi Resources (TSX:SGQ) shed over 4% on Wednesday bring its losses since April to 40%, after announcing its Mongolian subsidiary SGS has filed a notice of investment dispute with the government of the Asian country.
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.