Mon, May 30, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Market Moves, Metals and Minerals more

Troubles in South Africa’s mining sector start to affect the economy

Posted on 15 October 2012

As the turmoil in South Africa’s mining sector continues, the economic toll is becoming clearer. With the strikes spreading beyond the natural resources companies, worries over economic paralysis have brought the South African rand to a more than three-year low against the dollar.
Then on Friday, rating agency Standard & Poor’s cut the country’s credit rating by once notch, following rival Moody’s downgrade of the country last month which had marked its first since the end of apartheid………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 46063 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
May 2016
S M T W T F S
« Apr    
1234567
891011121314
15161718192021
22232425262728
293031