MiningSector

Ghana's Economic Growth Reaches New Heights: Fastest Growth Since 2019

12 days ago

Ghana's economy has experienced a remarkable surge, achieving its fastest growth rate since 2019, according to recent data from the Ghana Statistical Service. The economy expanded by 7.0% in the third quarter of 2023, a significant increase compared to the 4.0% growth recorded during the same period last year. This upward trend reflects the recovery from the severe economic disruptions provoked by the global pandemic and subsequent challenges.

Colombia's GDP Growth Falls Short Amid Oil and Mining Declines

1 month ago

Colombia's economic performance during the third quarter of 2024 has proven disappointing, as the country's GDP growth has lagged behind projections due to reductions in oil and mining production. Analysts had anticipated a more robust expansion; however, the reality revealed a growth rate of merely 2% year-on-year, significantly lower than the 3.8% growth expected by the financial markets.

Vedanta's Spectacular 98% Rally Captivates Debt Market Following Billionaire Anil Agarwal’s Bold Moves

2 months ago

In a remarkable turnaround, Indian billionaire Anil Agarwal's mining conglomerate Vedanta Ltd. has delivered an impressive 98% rally in the debt markets. This surge follows a series of strategic financial maneuvers aimed at restoring investor confidence after a turbulent period marked by hefty borrowings and declining revenues.