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.
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Dec- 2019 -3 December
South African economy contracts 0.6% in third quarter
South Africa’s economy shrank for second time in three quarters this year, data showed on Tuesday, as productive sectors fell…
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Nov- 2019 -25 November
Eskom, Arcelor among South African firms without emissions targets
Eskom Holdings SOC Ltd., which accounts for two-fifths of South Africa’s greenhouse-gas emissions, leads the country’s biggest emitters in its…
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Oct- 2019 -30 October
Zimbabwe plans platinum-led revival. Miners say it won’t happen
Zimbabwe’s government is banking on a platinum-mining boom to help revive its collapsing economy. The world’s biggest platinum companies say…
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24 October
Zimbabwe to cut power to mines, others over $77 million in unpaid bills
Zimbabwe’s state-owned electricity distributor, grappling with drought and ageing equipment, said on Thursday it will disconnect mines, farms and other…
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23 October
Nigeria bid to boost mining gets help from West Africa gold rush
Nigeria’s efforts to persuade investors that it could become a mining destination for metals is receiving a boost from a…
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15 October
Angola seen returning to growth in 2020 after four-year slump
Angolan President Joao Lourenco expects Africa’s second-biggest oil producer to return to growth next year as the government accelerates efforts…
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9 October
The Medupi and Kusile plants are sinking Eskom and South Africa
South Africa’s economy was roaring along in 2007 on the back of the global commodities boom when power shortages struck,…
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3 October
South Africa wants coal price cuts to avert economic crash
South Africa is pushing coal producers to cut prices to help save Eskom Holdings SOC Ltd., the indebted power utility…
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