Metals sell off after Trump win while oil recoups some losses
Metals bore the brunt of global commodity price losses after a US election win by Donald Trump on Wednesday.
Drilling at Harmony Gold’s Kusasalethu mine, in western Gauteng, was halted on Monday after a worker was killed and another injured in a blasting accident.
The company, Africa’s third-largest bullion producer, said in a statement that investigations were under way to establish the cause of the accident.
Harmony CEO Graham Briggs and his management team expressed their sympathy to the families and colleagues of the deceased.
On Friday, the gold miner halted hoisting operations at its Evander mine, in Mpumalanga, after another fatal accident.