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.
- Aug- 2020 -11 August
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…
- 6 August
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…
- Jul- 2020 -30 July
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…
- 15 July
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…
- 14 July
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…
- 1 July
Zimbabwe can narrow it’s debt: Experts
Zimbabwe can significantly narrow its debt if the country manages its vast natural resources in…
- Jun- 2020 -30 June
South Africa’s recession deepens in first quarter as mining plummets
South Africa’s recession deepened in the first quarter of 2020, with official data on Tuesday…
- 11 June
South African mining output plunges on Covid-19 lockdown
South Africa’s mining production fell sharply during March and April, when output was largely halted…
