Published on in “Business”, language — English. 44 pages.
The mining industry is still recovering from a downturn in commodity prices over the past two years, but all indications are that the downcycle has bottomed out. Globally, the mining industry has recovered sufficiently for mining analysts to predict another mini-boom. Indicators around the world support this view, with iron ore and copper showing positive upward curves while gold remained stable. More
After what started out as a dreadful
year for mining and with
the outlook for most
commodities everything but bullish,
there is a hint of optimism in the air
as the year 2016 draws to an end.
Eleven months ago the global mining
industry was in the doldrums. However,
despite the doomsayers’ dreary predictions,
there were subtle signs of recovery. Gold
and silver started showing signs of revival,
and a few months into 2016, gold mines in
South Africa... More