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Miners Seeing Signs of Improvement in Africa
According to the Chamber of Mines, mining production data confirmed the fear that the sector would contract by 5% during 2016. According to Bloomberg, with mining at its peak in 2011, the global mining industry was worth around $2.5 trillion. In a twist of script on the ever-present topic of country risk that is raised whenever African states are discussed, it now appears that the big danger to mining projects is not on the continent itself but further afield -the U.S. The "aggressive protectionism" of President Trump's administration could lead to a weaker dollar and sharp drop in imports, which would hurt demand for raw materials, warned Dambisa Moyo, a global economist.
Miners Seeing Signs of Improvement in Africa
According to the Chamber of Mines, mining production data confirmed the fear that the sector would contract by 5% during 2016. According to Bloomberg, with mining at its peak in 2011, the global mining industry was worth around $2.5 trillion. In a twist of script on the ever-present topic of country risk that is raised whenever African states are discussed, it now appears that the big danger to mining projects is not on the continent itself but further afield -the U.S. The "aggressive protectionism" of President Trump's administration could lead to a weaker dollar and sharp drop in imports, which would hurt demand for raw materials, warned Dambisa Moyo, a global economist.
Miners Seeing Signs of Improvement in Africa
Gavin du Venage (author)
2017
Article (Journal)
English
Effect of sign position and brightness on seeing simulated highway signs
Engineering Index Backfile | 1967
|Online Contents | 1994
Engineering Index Backfile | 1924
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