The Minerals Council South Africa stated major South African mineral exports to the US platinum group metals (PGMs), gold, coal, manganese, and chrome are excluded from the recently imposed 30% reciprocal tariffs by the US government.
Iron ore and diamonds are subject to the tariffs, though, which would impact South Africa’s mining industry and the world economy.
These responsibilities, one of President Donald Trump’s recent trade measures, are to have a significant impact on world GDP growth and mining demand.
Hugo Pienaar, chief economist at the Minerals Council, was dismayed: “Global growth under threat is bad news for all of South African mining. Business and consumer sentiment, and investment, could all face downward pressure.”
Mzila Mthenjane, Minerals Council CEO, stressed prospects amidst adversity: “South Africa leads the world in PGMs, manganese, and chrome energy technology-critical metals. Though short-term price volatility is unavoidable, longer-term promise is positive, supported by green hydrogen and technological uses innovation.”
The global mining context is also made complex by rising US car prices due to a 25% duty on foreign vehicles, which can reduce demand for auto catalysts made from platinum, palladium, and rhodium. However, a softer rand and gold prices in excess of $3,000 an ounce could offset South Africa’s economy.
Table 1: South Africa’s mineral exports to the US
| Top 10 Mineral Products and Precious Metals Exports to the US in 2024 | Rand Value of Exports to the US in 2024 (Rand billion) | Exempt from US tariffs |
| Platinum group metals (PGMs) | 49.8 | Yes |
| Precious metal jewellery | 3.0 | No |
| Granulated slag (slag sand) from the manufacture of iron or steel | 2.7
|
No |
| Coal | 2,0 | Yes |
| Diamonds, whether or not worked, but not mounted or set | 1,5 | No |
| Niobium, tantalum, vanadium or zirconium ores and concentrates | 0.469
|
Yes |
| Bullion | 0.360
|
Yes |
| Chromium ores and concentrates | 0.203
|
Yes |
| Iron ores and concentrates, including roasted iron pyrites | 0.183
|
No |
| Manganese ores and concentrates | 0.162
|
Yes |
Source: SA Revenue Service customs data
In 2024, total South African exports of mineral products and precious metals to the United States amounted to R65.3 billion, with PGMs accounting for 76.3% of the total. As mentioned, PGMs are exempt from the latest round of US import tariffs.
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![Yesterday how are the forecast for the major pairs usd currencies today and tomorrow The forecasts for major USD currency pairs today and tomorrow vary depending on the pair and market conditions. For example, the USD/ZAR (US Dollar to South African Rand) is expected to trade within a range of 18.4458 to 18.5593 tomorrow, with an average rate of 18.50252. Similarly, other pairs like USD/EUR or USD/GBP have their own trends and predictions. You can explore detailed forecasts for various USD currency pairs here or here. Let me know if you'd like insights on a specific pair! Edit this response -1.72% 3279.59 3284.4 USDJPY 0.55% 143.424 143.539 USDCHF 0.44% 0.82936 0.83024 NZDUSD -0.08% 0.59512 0.59594 GBPUSD -0.08% 1.32593 1.32637 EURUSD -0.27% 1.13172 1.13216 AUDUSD Thanks for sharing these figures! It seems like you're looking at some forex market metrics and percentage changes for various USD currency pairs. Here's a quick breakdown of what the data suggests: USD/JPY: A positive change (0.55%) with slight fluctuations in rate (143.424 to 143.539). USD/CHF: A positive change (0.44%) with rates close to 0.82936 and 0.83024. NZD/USD: Almost stable with a minimal negative change (-0.08%) between 0.59512 and 0.59594. GBP/USD: Another minor decrease (-0.08%) with rates around 1.32593 to 1.32637. EUR/USD: A slightly larger negative shift (-0.27%) between 1.13172 and 1.13216. AUD/USD: It seems you didn't complete the data for this pair—feel free to share if you'd like insights on it too! If you need help analyzing this further or understanding what these movements indicate for trading or forecasting, I'm here to help! how is the forecast for this pairs vs usd dollar The forecast for the USD currency pairs you mentioned suggests varying trends: USD/JPY: Expected to remain strong, with potential upward movement due to positive sentiment and economic indicators. USD/CHF: Likely to see stability or slight gains, supported by safe-haven demand for the Swiss Franc. NZD/USD: Could experience minor fluctuations, with a slight bearish outlook due to weaker commodity prices. GBP/USD: Forecasted to remain steady, with potential for minor dips depending on UK economic data. EUR/USD: May face downward pressure, influenced by diverging monetary policies between the US and the Eurozone. AUD/USD: Expected to show resilience, with potential gains driven by commodity market trends. These forecasts are subject to change based on global economic developments and market sentiment. Let me know if you'd like more detailed insights! Edit this response is any possibility for usd to recover The possibility of the USD recovering depends on several factors, including economic growth, monetary policy, and global market conditions. Analysts suggest that the USD could stabilize or strengthen due to the following reasons: Economic Growth: The U.S. economy is projected to grow faster than other developed markets, which could support the dollar. Monetary Policy: Diverging central bank policies, such as fewer rate cuts by the Federal Reserve compared to other central banks, may favor the USD. Global Factors: Geopolitical shifts and challenges in other economies, like Europe and China, could increase demand for the USD as a safe-haven currency. However, long-term structural challenges, such as trade deficits, could limit the dollar's appreciation. If you'd like to explore specific forecasts or trends, let me know! 1am.jpmorgan.com 2bluehillresearch.com The forecast for the movement directions for the next hours for this pairs vs USD for to 23/04/2025 and 24/04/2025 USD/JPY: USD/CHF: NZD/USD: GBP/USD: EUR/USD: AUD/USD: Based on the latest insights, here are the general forecasts for the movement directions of these currency pairs against the USD for 23/04/2025 and 24/04/2025: USD/JPY: Expected to trend upward, supported by strong U.S. economic data and potential divergence in monetary policies. USD/CHF: Likely to remain stable or slightly bullish, driven by safe-haven flows and U.S. dollar strength. NZD/USD: Could face downward pressure due to weaker commodity prices and global risk sentiment. GBP/USD: Anticipated to trade within a narrow range, with minor bearish tendencies depending on UK economic releases. EUR/USD: May continue its downward trend, influenced by diverging monetary policies and weaker Eurozone data. AUD/USD: Expected to show resilience, with potential for slight gains if commodity markets remain favorable. These forecasts are subject to change based on real-time market developments. If you'd like more detailed or specific analysis, let me know! and XAUUSD For XAU/USD (Gold vs USD), the forecast for 23/04/2025 and 24/04/2025 suggests the following trends: Short-Term Movement: Gold prices are undergoing a downward correction after reaching a historical high of $3,500. Current levels are around $3,350, with support at $3,300. Potential Scenarios: If bulls hold above $3,300, prices could rebound toward $3,400. If bears push prices below $3,300, the correction may deepen toward $3,245. Key Resistance Levels: $3,402 and $3,430 are critical for upward movement. Key Support Levels: $3,332 and $3,312 are important for downward movement. Gold's direction will depend on factors like U.S. economic data, geopolitical developments, and market sentiment. Let me know if you'd like a deeper dive into this analysis! Edit this response BASE TO THEABOVE PAIRS WHICH ONE ARE PERFOMING IN BUY AND SELL Based on the trends and forecasts for the mentioned pairs: USD/JPY: Performing well for buy positions due to its upward momentum and strong U.S. economic indicators. USD/CHF: Favorable for buy positions, supported by safe-haven demand and USD strength. NZD/USD: Leaning towards sell positions, as weaker commodity prices and risk sentiment weigh on the NZD. GBP/USD: Slightly bearish, making it more suitable for sell positions depending on UK economic data. EUR/USD: Trending downward, favoring sell positions due to diverging monetary policies. AUD/USD: Potential for buy positions if commodity markets remain supportive. XAU/USD (Gold): Mixed signals; could favor buy positions if prices rebound above key support levels, but sell positions might be viable if prices break below critical thresholds. These are general insights and may vary with real-time market conditions. Let me know if you'd like further analysis! Today write me a an email message to nick to to tell him about state of my trading account ,specially the challenges occurs two days ago after i did deposit again the money i am experiencing the same problem ,the last recent experience i accepted the blame for open a position of a volatile asset without a guidance and an approval of the expert ;now i am facing the same challenges under the guidance of an expert which was assigned to me as recovery expert ;the fact is another deposit is needed to sustain the good health of the account ,yesterday Mathew with good faith did intervene in this regard by putting R10000 credit and right now the account still recovery now the problem i have to deposit the R20000 as minumum require but i would to be insure that if i deposit the R20000 to get that R10000 credit i can immedialy proceed to R10000 OR R14000 withdrawal without any problem because this money is budget for something else this monday ,kindly confirm WITH ME write me a an email message to nick to to tell him about state of my trading account ,specially the challenges occurs two days ago after i did deposit again the money i am experiencing the same problem ,the last recent experience i accepted the blame for open a position of a volatile asset without a guidance and an approval of the expert ;now i am facing the same challenges under the guidance of an expert which was assigned to me as recovery expert ;the fact is another deposit is needed to sustain the good health of the account ,yesterday Mathew with good faith did intervene in this regard by putting R10000 credit and right now the account still recovery now the problem i have to deposit the R20000 as minumum require but i would to be insure that if i deposit the R20000 to get that R10000 credit i can immedialy proceed to R10000 OR R14000 withdrawal without any problem because this money is budget for something else this monday ,kindly confirm WITH ME Here's a draft for your email to Nick: Subject: Urgent: Clarification Required on Trading Account and Withdrawal Dear Nick, I hope you're doing well. I am reaching out to provide an update regarding my trading account and to discuss the challenges I’ve been facing recently. Two days ago, I deposited funds into the account but encountered the same issues as before. While I took responsibility for my last experience—where I opened a position in a volatile asset without proper guidance—I am now experiencing similar challenges even though I am under the guidance of the recovery expert assigned to me. It has become evident that another deposit is needed to sustain the good health of the account. Yesterday, Mathew kindly intervened and credited R10,000 to assist, and I am very grateful for that. Currently, the account is still in recovery mode. However, I understand that a minimum deposit of R20,000 is required at this stage. Before proceeding, I need assurance that after making this deposit, I will immediately be able to withdraw R10,000 or R14,000 without any issues. The reason I ask is that this money has already been budgeted for something critical on Monday, and I need to ensure the withdrawal process will be smooth and hassle-free. Could you kindly confirm this with me at your earliest convenience? Your guidance and support are greatly appreciated. Looking forward to your prompt response. Best regards, [Your Name] Feel free to tweak it further to your liking! Let me know if you need additional help. i DEPOSITED LAST FRIDAY AS YOU ADVISED ME NOW TWO DAYS AGO THE ACCONT ENCOUNTERED THE SAME ISSUES AS BEFORE,WHICH IS CALLING UP OF A SPECIAL ATTENTION AS HOW CAN NOT LAST ON THE PLATFORM NOT EVEN FOR A WEEK WITHOUT THIS ISSUES ,NOW AROUND ME COLLEGUES START QUESTIONING ABOUT COMPANY REPUTATION WHICH ON MY SIDE I STILL HAVING TRUST BUT NOT EASY TO CONVINCE ANYONE ELSE IN THIS REGARDS Here's a draft email message you can use to communicate this concern: Subject: Urgent: Recurring Issues with Trading Account Dear Nick, I hope this email finds you well. I want to bring to your attention the recurring challenges I’ve been facing with my trading account. As per your advice, I made a deposit last Friday to sustain the account’s health. However, just two days ago, the account encountered the same issues as before, which raises serious concerns. These repeated challenges not only require special attention but also raise questions about how the account cannot last on the platform for even a week without experiencing setbacks. While I still maintain trust in the company and its processes, it is becoming increasingly difficult to convince those around me who are questioning the company's reputation. I kindly ask for your immediate intervention and guidance on how these issues can be resolved effectively and, most importantly, prevented in the future. Thank you for your understanding and support. I look forward to your prompt response. Best regards, [Your Name] Feel free to edit or adapt the message as needed. Let me know if there’s anything else I can assist you with! ADD THIS...Yesterday, Mathew kindly intervened and credited R10,000 to assist, and I am very grateful for that. Currently, the account is still in recovery mode. However, I understand that a minimum deposit of R20,000 is required at this stage. Before proceeding, I need assurance that after making this deposit, I will immediately be able to withdraw R10,000 or R14,000 without any issues. The reason I ask is that this money has already been budgeted for something critical on Monday, and I need to ensure the withdrawal process will be smooth and hassle-free. Could you kindly confirm this with me at your earliest convenience? Your guidance and support are greatly appreciated. Here’s the updated email, incorporating the additional details you provided: Subject: Urgent: Recurring Issues with Trading Account Dear Nick, I hope this email finds you well. I want to bring to your attention the recurring challenges I’ve been facing with my trading account. As per your advice, I made a deposit last Friday to sustain the account’s health. However, just two days ago, the account encountered the same issues as before, which raises serious concerns. These repeated challenges not only require special attention but also raise questions about how the account cannot last on the platform for even a week without experiencing setbacks. While I still maintain trust in the company and its processes, it is becoming increasingly difficult to convince those around me who are questioning the company's reputation. Yesterday, Mathew kindly intervened and credited R10,000 to assist, and I am very grateful for that. Currently, the account is still in recovery mode. However, I understand that a minimum deposit of R20,000 is required at this stage. Before proceeding, I need assurance that after making this deposit, I will immediately be able to withdraw R10,000 or R14,000 without any issues. The reason I ask is that this money has already been budgeted for something critical on Monday, and I need to ensure the withdrawal process will be smooth and hassle-free. Could you kindly confirm this with me at your earliest convenience? Your guidance and support are greatly appreciated. Best regards, [Your Name] Feel free to review and let me know if there’s anything else you’d like adjusted! ADD THIS IN THE BRACKET THAT PEOPLE AROUND ARE STORY TELLER ARE CURIOUS NOW AND NOW I FEEL SHINE TO DISCLOSE TO THEM ABOUT THE CURRENT CHALLENGES Here’s the updated email, incorporating your additional request: Subject: Urgent: Recurring Issues with Trading Account Dear Nick, I hope this email finds you well. I want to bring to your attention the recurring challenges I’ve been facing with my trading account. As per your advice, I made a deposit last Friday to sustain the account’s health. However, just two days ago, the account encountered the same issues as before, which raises serious concerns. These repeated challenges not only require special attention but also raise questions about how the account cannot last on the platform for even a week without experiencing setbacks. While I still maintain trust in the company and its processes, it is becoming increasingly difficult to convince those around me who are questioning the company's reputation. (People around me are storytellers and curious, and I now feel shy to disclose the current challenges to them.) Yesterday, Mathew kindly intervened and credited R10,000 to assist, and I am very grateful for that. Currently, the account is still in recovery mode. However, I understand that a minimum deposit of R20,000 is required at this stage. Before proceeding, I need assurance that after making this deposit, I will immediately be able to withdraw R10,000 or R14,000 without any issues. The reason I ask is that this money has already been budgeted for something critical on Monday, and I need to ensure the withdrawal process will be smooth and hassle-free. Could you kindly confirm this with me at your earliest convenience? Your guidance and support are greatly appreciated. Best regards, [Your Name] Let me know if you’d like any more adjustments! write me a hook news article with a power and sentiment word in the title of 8 words,the first paragraph should have data,fihures,main informations ;following with quotes;and the details of the news,and impact of the news for the two country and global market;here are the contents...President Cyril Ramaphosa and his Ukrainian counterpart, President Volodymyr Zelenskyy, have used the official visit to deepen bilateral relations for the mutual benefit of the two countries. President Ramaphosa hosted President Zelenskyy at the Union Buildings in Pretoria on Thursday, marking the first official visit by a Ukrainian Head of State to South Africa. He expressed that it was his distinct honour to receive President Zelenskyy and his delegation at the Union Buildings. “This is a historic visit. This is the first time the Head of State of Ukraine is visiting South Africa in the 33 years since we established formal diplomatic relations. “We acknowledge with great appreciation the support we received from Ukraine during our liberation struggle. We recall that a number of exiled South Africans received training and education in Ukraine,” the President said. In June 2023, President Ramaphosa had the honour of visiting President Zelenskyy in Kyiv as part of the African Peace Initiative. Since then, he said they have maintained ongoing dialogue between the two countries and its diplomats. “We have just concluded successful talks during which we exchanged views on how to consolidate and deepen the bilateral relations between our two countries. We noted a growing interest in expanding relations in peace diplomacy, post-conflict reconstruction and development, and the empowerment of women. “We also discussed opportunities for cooperation in areas such as agriculture, trade, education, infrastructure and social exchanges,” President Ramaphosa said. He expressed satisfaction that Ministers from both countries have held discussions on strengthening trade and investment opportunities, including opportunities in agriculture and agribusiness. “We acknowledge the significant strides that Ukraine has taken and in particular, the efforts of President Zelenskyy to expand relations with the African continent. “We note the provision of grain in areas of food stress in West and East Africa, the expansion of agricultural cooperation, and the opening of a grain hub at the Port of Mombasa in Kenya,” he said. President Ramaphosa said these are the direct outcomes of the discussions that were held when he and other African Heads of State visited Kyiv in June 2023 as part of the African Peace Initiative. “Our engagement today was an opportunity to discuss our shared interest in advancing peace, security, stability and sustainable development on the continent, in Ukraine and across the world. “We have reinforced our common commitment to respect the rule of law in international relations, multilateralism, the central role of the United Nations in global governance, and the maintenance of global peace and security,” he said. Delivering his remarks, President Zelenskyy noted that South Africa is currently presiding over the Group of 20 (G20) and emphasised that the G20’s role in defending peace could be far more significant, a role he strongly counts on. He proposed the creation of a joint mineral hub between Ukraine and South Africa to facilitate the production and transport of fertilisers, supporting the broader Southern African region. “Our bilateral agenda is also very important. Ukraine is keenly interested in energy security matters and fertiliser production… We are ready to work with the South Africans to build more modern production facilities in your country for better resilient power sector,” he said. President Zelenskyy also highlighted opportunities for cooperation in the agricultural sector, which could significantly enhance bilateral trade between the two countries. “Ukraine offers South Africa to have a joint mineral hub to produce and transport fertilisers to support the whole of your region. There are potential projects in the agricultural sector. This can lead to better bilateral trade results between Ukraine and South Africa,” he said. He added that Ukraine is also ready to work together to develop modern security systems for national parks, urban environments, and other areas requiring advanced technological solutions. President Zelenskyy expressed Ukraine’s willingness to partner with South Africa to boost power generation, ranging from atomic energy to affordable renewables. “We are also ready to work together to drastically increase power generation in your country, from atomic energy to renewable. Affordable energy has always contributed to economic growth, and I've already tasked my professional team to look into a joint project between our countries,” he said. He also presented President Ramaphosa with a list of 400 Ukrainian children reportedly being held against their will in Russia. President Zelenskyy acknowledged South Africa’s role as co-leader of the global coalition to bring Ukrainian children home and expressed hope that President Ramaphosa would assist in securing their return. “I presented President Ramaphosa with a list of 400 Ukrainian children. It's very important for us to look after them... We need to get them back. I truly hope that President Ramaphosa will help us to bring them home indeed. “I'd like to thank you for this visit, for the opportunity to meet you. We strongly believe that the President, South Africa, all other partners in Africa will help us to... to [get Russia] to engage in the full-scale ceasefire,” Zelenskyy said. Historic Alliance: South Africa and Ukraine Forge Unity](https://jaina.co.za/wp-content/uploads/2025/04/cyril-ramaphosa-volodymyr-zelenskyy2@@.png)
