The report, based on responses from 108 buyers and decision-makers across 100 mines in 16 African countries, shows most plan to acquire equipment and maintenance services.
During a time where the pain of downward pricing has spilled from minerals into the energy sector, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments.
As far back as 1942, economists have noted that small-cap companies in particular tend to surge at the beginning of the year in a cycle known as the January Effect.
Oceanagold (TSX, ASX:OGC), an Australia-based gold producer, will start winding down its New Zealand mines to focus on lower-cost production in the Philippines, where it runs the Didipio copper-gold mine north of Manila.