Mineral prices starting to recover

By |2024-06-27T07:54:27+02:00June 27, 2024|To The Point|

The recent recovery of mineral prices is beneficial for South Africa's economy, which relies heavily on commodity exports for foreign exchange earnings. Since the lows of March and April, the prices of South Africa's top six minerals have increased, with manganese rising by 36%, gold reaching record levels, and platinum, iron ore, and coal all experiencing price increases above 5%. Chromium ore has also seen a slight price rise.