Commodity prices and investment in South African mining will undoubtedly be impacted on by measures taken to curb the spread of coronavirus and the anticipated economic fallout, says advisory firm Moshe Capital founder and CEO Mametja Moshe.
South African mining operations, except for essential operations such as thermal coal mines that supply power utility Eskom and furnace and smelting operations, have been limited to care and maintenance activities since March 26, which will impact on production, while reduced mining activity on a global scale will affect commodity prices, she adds.