Africa Mining Indaba: ‘Let’s talk,’ Ramaphosa tells producers
Executives, investors and government officials meet in Cape Town this week at the African Mining Indaba, the continent’s biggest gathering of one of its most essential industries.
25-fold investment jump in less than a decade. That's how fast China's gaining control over Africa’s mining industry. And Beijing's only pushing harder now.
This article will analyze the overall effects of low crude oil prices on the industry, the major oil-producing nations, consumers and the overall global economy.
Ultimately the widespread selling is evidence of investors’ revulsion for a sector that has struggled with falling prices for four years and has demonstrated no clear schedule for a recovery.
As producers confront this unpleasant reality, some will finally start to significantly curtail or even shut down operations. And that is going to severely hurt an all but invisible group; strippers in the United States.