Economy
Comprehensive and up-to-date news on economy in relation to mining. The latest gold, copper and metal prices, mining stock, and market data.
- Sep- 2020 -18 Sep
Minerals Council welcomes President Ramaphosa’s call to rebuild South African economy
The Minerals Council South Africa welcomes President Ramaphosa’s address this week announcing the further lifting of restrictions with the shift…
Read More » - Aug- 2020 -25 Aug
Zimbabwe’s mining sector ready to attain US$12 billion export target
The mining sector is on course and is primed to attain its government set 2023 milestone of hauling minerals worth…
Read More » - 24 Aug
Don’t impose windfall tax on mining companies, GMWU urges government
Government must not rush to impose windfall tax on mining companies in view of the soaring of gold prices on…
Read More » - 11 Aug
Exxaro warns of hit to H1 profit but flags increased coal exports
Exxaro Resources Ltd. said on Tuesday first-half net income was likely to fall by as much as 34% due to…
Read More » - 6 Aug
Glencore scraps $2.6 billion dividend after first-half loss
Glencore became the first major mining company to scrap its dividend, saying on Thursday the economic outlook was too uncertain…
Read More » - Jul- 2020 -30 Jul
Diamond giant De Beers likely to cut jobs after Covid-19 hit
Diamond mining giant De Beers is likely to have to cut jobs, its chief executive said on Thursday, as it…
Read More » - 15 Jul
Zambia’s economy to shrink 4.2% in 2020
Zambia expects its gross domestic product to shrink by around 4.2% in 2020, more than the 2.6% contraction forecast by…
Read More » - 14 Jul
South Africa’s economy to shrink 6.9% in 2020
South Africa’s economy will contract by more than initially projected, likely shrinking 6.9% in 2020 compared to an earlier forecast…
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