Markets
The most important commodity markets news in Africa. Get it today on African Mining Market.
- May- 2020 -5 May
Sudan sets up bourse for gold as the country opens up market
Sudan, Africa’s third biggest gold producer, is setting up a bourse for the precious metal…
- Apr- 2020 -27 April
De Beers’ Namibia diamond venture boosts output by nearly 6% in first-quarter
De Beers’ Namibia joint venture, Namdeb, increased diamond production by 5.8% in the first quarter…
- 23 April
De Beers slashes diamond production forecasts
Anglo American Plc will mine significantly fewer diamonds this year than it previously planned to,…
- 21 April
South Africa’s Eskom warns coal suppliers
South Africa’s power utility warned coal suppliers it may halt purchases of the fuel because…
- 16 April
Gold giant Newmont says metal could top $2,000 on virus stimulus
Gold could top $2,000 an ounce and will remain elevated over the next five years as…
- 15 April
Moody’s sees South Africa GDP shrinking 2.5% as coronavirus shutdown weighs
Ratings agency Moody’s cut its forecast for South Africa’s economy to a 2.5% contraction in…
- 15 April
Oil market falls too big to offset with output cuts, IEA warns
The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd)…
- 15 April
Glencore feud deepens as Zambia moves to revoke copper mines
Zambia raised the stakes in its fight with Glencore Plc, threatening to strip the company…
