Plunging fluorspar prices weigh heavily on South African miners
Published: Wednesday, 25 February 2015
Excessive stockpiles with limited demand, which is causing prices to drop, is leaving South African fluorspar miners in flux with investors’ interest waning.
South Africa’s fluorspar
industry continues to struggle in a difficult market climate,
despite having the world's largest reserves of the mineral,
with asset sales and infrastructure challenges squeezing
investor confidence in the industry.
The country's fluorspar mines are bearing the...