MINING INSIGHTS | 21 OCTOBER 2019

African mining is a mixed
bag with much promise
and peril

SHARE

Absa's Tawanda Madondo discusses Africa’s diverging mining market.

Since 1994 we’ve seen the incredible journey the Rand has been on because we’ve been stepping right alongside it, here is our retrospective view of the history of the Rand.

Video highlights:

  • It is a divergent market at the moment. Some commodities, such as gold, have increased in price, while on the other end of the spectrum, diamonds are under pressure.
  • Across the African continent, political stability, clear regulations and commodity prices that are within limits, are important for the industry and investments.
  • Elections and labour disruptions play a role in which companies use funds to increase capex spend and explore new commodities.

Related Articles

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

Absa Insights Series: The future of renewable energy is bright

The untapped potential of Africa’s treasure trove of natural wealth presents its beneficiaries with a prosperous future, if exploited.

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

Absa Insights Series: Coal to gas shift – a major step toward energy stability in SA

The market exists and, so does the technology – the question is, who is capable of operating energy storage in South Africa?

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

Absa Insights Series: Energy is the gatekeeper to a prosperous future

Tackling Africa’s energy crisis starts with policymakers and evidence shows that they’re not moving fast enough.

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

Absa Insights Series: The race to win the battle of energy storage is on

Wherever there is a problem, there is a solution and in the energy sector, a solution is an opportunity