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The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.
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DOI: 10.1108/OXAN-DB286471
ISSN: 2633-304X
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A new minister for mines has announced his intention to push ahead with projects which so far have been blocked by their failure to attract a ‘social licence’. Private-sector…
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DOI: 10.1108/OXAN-DB285809
ISSN: 2633-304X
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Many observers had anticipated a Chinese takeover, as attention has generally been focused on perceived Chinese dominance in the region’s mining industry. However, this deal makes…
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DOI: 10.1108/OXAN-DB284721
ISSN: 2633-304X
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The firms aim to extract gold, lead, zinc, iron ore and copper across several Afghan provinces. Earlier this year, Afghanistan agreed a major contract relating to oil extraction…
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DOI: 10.1108/OXAN-DB282083
ISSN: 2633-304X
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The peak came during the US debt ceiling negotiations and a drop in US Treasury yields. Expectations of treasury yields jumped after the resolution of the debt ceiling and gold is…
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DOI: 10.1108/OXAN-DB280633
ISSN: 2633-304X
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Such smuggling represents not only an opportunity for personal enrichment, but reflects Zimbabwe’s pressing need for foreign exchange (forex) and inability to access conventional…
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DOI: 10.1108/OXAN-DB279001
ISSN: 2633-304X
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Informal mining accounts for a large proportion of employment in an industry otherwise dominated by large-scale capital-intensive operations. Most small-scale miners are engaged…
Exports last year reached record levels, although imports were almost as high. President Luis Arce's government has had some success in reducing the fiscal deficit, but this too…
Even though it has lost around 13% since that peak, gold is only down by 7% in US dollar terms in the year to date, although the dollar has risen by a record amount this year.
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DOI: 10.1108/OXAN-DB271957
ISSN: 2633-304X
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NICARAGUA/US: Biden gold sanctions could backfire