Monday, July 13, 2015

Mineral Prices Drop Sharply and Impact Africa published an article on 7 July 2015 titled "China Panic Crushes Mining Stocks" by Frik Els.  The value of base and precious metals fell to multi-year lows following a stronger dollar, turmoil in the Eurozone, and especially the stock market crash in China.  Gold, silver, copper, iron, nickel, tin, zinc, lead, platinum, and palladium were all on the downside.  African countries are major suppliers of most of these metals and have have been impacted negatively.

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