Bucking the trend

Some of the world’s largest mining companies that have been hurt by falling commodities prices have vowed not to cut production, saying the stronger US dollar is softening the effect of depreciating markets.

Published: 16 June 2015

Mining houses around the world are benefiting from the stronger greenback because they receive dollars for the gold, copper and iron ore they dig up, but pay for labour and many other costs using local currencies.