DRC: DRC's Gold Mining in Troubled Times

Nov 10, 2015 | Gregory Mthembu-Salter, The Africa Report
View Original

Mineral commodity prices have all fallen this year, and gold is no exception. But because gold, unlike other minerals, is perceived as a safe haven when other assets are going belly up, its price has not performed in quite the same way. The average price of copper during the first half of 2015 was 15% lower than a year earlier and the metal has kept falling since, hitting a six-year low of $5,000/tn in August.