Bumbana Mining says its owed R32m by the firm, which is part of JSE-listed Unicorn Capital Partners. From Moneyweb . Contractor Bumbana Mining is asking the Pretoria High Court for the winding up of Nkomati Anthracite, after failure to receive roughly R32 million in contractor fees which includes interest, dating back to 2016.Chat Online
Zambezi Platinum 11 May 2015 Following an empowerment transaction concluded by Northam Platinum in March, Zambezi was developed as a special purpose vehicle to facilitate the BEE undertaking. By providing a foundation to fuel mining opportunities, it will be home to the newly constituted HDSA shareholding in Northam, and serve as a sustainable ...Equities Recent results have given us a glimpse of how companies are operating in the current Badly hit Platinum, base metal producers ferrochrome tumultuous environment Companies servicing mining and motor industries Credit retailers furniture, white and brown goods, motor vehicles Residential housing market related ...2020-5-29Get the latest headlines on Wall Street and international economies, money news, personal finance, the stock market indexes including Dow Jones, NASDAQ, and more. BeAbsa Stockbrokers and Portfolio Managements commitment to customer privacy. Absa Stockbrokers and Portfolio Management Pty Limited, Registration Number 197301079807 Absa Stockbrokers and Portfolio Management, is committed to maintaining the privacy and security of its customers personal and private information customer information submitted to Absa Stockbrokers and Portfolio ...
MONEYWEB Weve asked you to come in to give us some perspective on whats going on. Maybe we can start off with the whole mining charter, or the leak of a mining charter 49 indigenisation, As we did mention earlier, it had an awful impact on Impala Platinums shares, which takes some doing, taking it down from R580 to R520.Chief executive officer compensation sensitivity in the South African mining industry Article PDF Available July 2018 with 256 Reads How we measure readsProperty company Polksprop, with 10 office and 11 retail projects in Poland, is a case in point. The shares were at R23 in October last year and are now down to about R18. Two of the directors, Marc Wainer and Andrew Knig, no doubt saw this as a time to stock up, purchasing R160 million- and R76 million-worth of the stocks respectively.With the spot price of platinum 1,074oz and the currency at R14,25 there is scope for stocks to run further if positive momentum is maintained in commodity fundamentals. Any weakness will have a disproportionately negative affect on stock prices. Amplats preferred to Implats as a trade.
BOGOTA, March 16 Reuters - The majority of members at two unions of Colombian coal miner Cerrejon voted in favor of a strike relating to a dispute over pay and benefits in the contract, a union ...The inaugural Business Day Focus 4.0, brought to you MTN a full day conference and exhibition that awakens South African business leaders to the rapidly changing future where the physical, digital and biological spheres merge, bringing with it opportunities for growth shifting careers and previously unthinkable future strategies.Allan Gray is Africas largest privately owned investment management company focused on generating long-term wealth for investors..2020-4-17ISIN ZAE000071676 | Nampak Limited is a packaging company. The Company offers packaging across the major packaging substrates of metal, glass, paper and plastic in South Africa and 11 other African countries and makes plastic bottles in the United Kingdom. It participates in collection and recycling initiatives and has a research and development facility that provides technical and
At RMB our thinking digs deeper and sees further. Its an approach we call Solutionist Thinking A can-do mindset that is considered and innovative, curious and resilient, with a passion for possibilities. It constantly challenges the conventional and embraces the power of collective thinking to unlock unique opportunities for our clients.AMSA liquid steel output up 5.9 in Q1 - Simone Liedtke. ARCELORMITTAL SAs liquid steel production rose by 5.9 to 71 000t in Q1 to end-Mar. The higher output was mainly due to higher production at the companys Vanderbijlpark Works and Saldanha Works, which was offset by lower long products output following some instability in the iron-making process.Conservatively assuming that the dividend continues at the value of H1 2019, puts stock on a forward yield of 19. I made an investment case for Indluplace , first in March 2017 when it was trading at R11share and again in March 2019, when it was trading at R7share. Both investment cases were premised on good, low risk, repetitive dividend ...Intelligent, easy-to-read analysis of the financial news, with practical investment advice and share tips from the UKs best selling financial magazine.
Production of palladium is likely to take a 300 000-oz hit this year, with platinum production expected to be up to 450 000 oz lower, according to a company announcement on Friday. The Amplats announcement added to the pre-existing volatility in the PGMs sector and had a knock-on effect on Northam Platinum and Sibanye-Stillwater.Thuseven at a 30 premium to its current share priceif CSG was delisted with debt, the buyer could pretty much fund the entire thing from the companys own cash flows Likewise with Interwaste IWE, also under cautionary, and trading on a 50 free cash flow yield235 000 Anglo Platinum shares, 315 000 Harmony shares and 7.3 million shares of The Afrikander Lease Ltd, or Afl ease. It also owns 75 per cent of Kabusha Mining and Finance Pty Ltd, which in turn holds 23 million shares in Afl ease. At the Randgold Exploration stockBL PREMIUM 26 March 2020 - 0800 Anthony Clark By the time this publication hits the shops, proceeds from SArsquos largest inbound food acquisition will have been paid out to shareholders.Then some fun could begin.In mid-2019 the worldrsquos second-largest soft drinks company, US-listed PepsiCo - owners of the drinks brands but also of ...