MJ Morgan Archives - African Business Magazine

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Mining in Africa

Although 2014 was, to quote the Queen of England, an ‘annus horribilis’ for mining in general and African mining in particular, there is no reason for the mood of gloom that seems to have descended on traders.…

Aluminium prices soar

Indonesia’s ban on the export of raw bauxite, used to make aluminium, and the auto industry opting to use the metal instead of steel is very good news for African producers such as Guinea, Ghana and Sierra Leone as the global price of aluminium continues to break records.…

China slowdown hits copper hard

China imports around 40% of the global output of copper so any hint of a slowdown in the Chinese economy sends shivers of apprehension among producers and the countries that depend on copper exports. 

Diamonds regain their sparkle

Things are looking up for the diamond industry, which managed to weather the storm of the financial crisis in typically canny fashion.…

South Africa: Three strikes and you’re out?

The South Africa mining sector is licking its wounds after the unprecedented five-month-long Association of Mineworkers and Construction Union (AMCU) strike that has cost an estimated R21bn ($2bn), and caused the country’s economy to contract in the first quarter.…

Gold fever cooling down

Whilst gold’s decade-long bull run appears to have come to an end, African production proceeds surely and steadily.…