A brighter year for mining?
Mineral and commodity prospects are looking up.…
At the end of 2016, many commentators were bullish about the prospects of commodity prices rallying this year due to the world’s major producers cutting supply to bolster prices and Donald Trump’s plans for an American infrastructure boom.…
The big news in the African and global mining sectors is the ongoing recovery in the price of mining commodities.…
Mining commodity prices have rallied during the course of this year, raising hopes that new mining projects could be sanctioned across the African continent.…
Glencore is committed to mining in Africa despite its recent decision to mothball operations in Zambia and the DRC, according to chief executive Ivan Glasenberg.…
Iron Ore
It’s been a challenging year for iron ore producers.…
A tumultuous start to the year has seen copper prices tumble, threatening growth in Africa’s leading producer nations.…
Copper
Slow 2012 but outlook is promising
Copper prices have roughly oscillated between $7,500 per tonne and $8,500 per tonne, near enough averaging where they greeted the New Year at $8,000 per tonne.…