South Africa backs GDP data despite missing mine statistics

Mining News Pro - South Africa’s statistics agency maintains that its gross domestic product estimates for the second quarter will be credible amid plans to use an estimated value for missing mining data.

Copper price plummets as China faces first GDP drop since 1976

Mining News Pro - Copper prices plunged on Monday after China released a set of economic data showing the deepest declines on record for industrial production and fixed asset investment.

Mobarakeh Steel Company Has One Percent Share in GDP

Mining News Pro - CEO of Mobarakeh Steel Company: MSC has one percent share in Iran’s GDP and by paying 100 million USD of tax, the company stands in the first place among other mining companies.

BHP trims forecasts for US, China GDP growth due to trade conflict

Mining News Pro - The world`s biggest miner BHP Billiton has trimmed its expectations of global growth for next year and 2020 due to a "lose-lose" result from the US-China trade conflict, a senior executive said on Tuesday.

J.P. Morgan sees lower U.S. GDP, higher inflation due to China tariffs

Mining News Pro - If the United States soon ends up imposing tariffs on all Chinese imports, the nation’s economic growth would be reduced by up to 0.2 percentage point by the end of 2019, while domestic core inflation would rise by 0.2-0.3 point, J.P. Morgan economists said on Friday.

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