Anglo’s sale of De Beers hindered by diamond market state
Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn.
Despite a falling gold price and workplace automation, the US Bureau of Labor Statistics forecasts that mining will be one of the top sectors adding jobs and it will out pace transportation and agriculture in hiring.
The BLS projected what sectors will be adding the most new jobs between 2012 and 2022. Mining was fifth with an annual employment rate changes of 1.4. First was health care and social assistance.
Agriculture, manufacturing and utilities are all expected to see declines.
