US inflation surprise lights fire under gold price
Gold price surges in best trading day since Brexit mid-2016 as world's largest hedge fund pours money into gold-backed ETFs.
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:
BMW mining deals imminent as cobalt price powers on – report
"The aim is to secure the supply all the way down to the level of the mine, for 10 years."
Gold price: Value of ETF bullion tops $100 billion for first time in 5 years
New report shows money continues to pour into gold-backed exchange traded funds with North American investors responsible for 75% of January inflows.
Copper steadies, iron ore price climbs on blockbuster Chinese imports
Chinese traders chase copper concentrate and iron ore cargoes lifting January import volumes 25% and 19% over already record-breaking 2017.
Copper price plunges to 8-week low
"Keep an eye on what we call China’s old economy – the property market, the infrastructure segment. That’s where we expect a slowdown sometime this year.”
For Barrick Gold the Pascua-Lama hits keep coming
$429 million impairment on the stalled project after Chile environment agency ordered final closure.
Gold price: 9 straight years of record annual mine production
New report shows world's mines produced all-time peak of 105 million troy ounces of gold in 2017 despite 9% drop in output in top producer China.
Monday massacre: Gold price rises as stocks crater
Gold, copper prices gain as US blue chip index suffers worst points drop in history.
Private capital favours investing in copper over gold for first time
New report shows private equity investment in mining jumped to $2.3 billion last year, with the bulk going into copper and battery metals.
Gold price set for wild ride in 2018 say 34 bullion analysts
Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce.
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.