Investing in Thungela Resources makes sense because demand is unlikely to decline BL PREMIUM 10 June 2021 - 16:31 Shane Watkins
All Weather Capital strives to be a leader in responsible investing, and environmental, social and governance (ESG) analysis is deeply embedded in our investment process.
So you would think it odd that we at All Weather Capital are buying shares in Thungela Resources, the coal mining operation recently spun out of Anglo American. After all, coal is about as bad as you can get when it comes to highly polluting carbon assets.
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Woolworths improves its Australian debt with building sale Woolworths, owner of Australian clothing chain David Jones, has sold its flagship Sydney store for a maximum of R5.6bn 22 December 2020 - 14:11 Katharine Child David Jones Elizabeth Street store. Picture: SUPPLIED
Woolworths has managed to negotiate new debt agreements in Australia, reducing the risk its borrowings once posed to its SA business. This comes after it sold a second property in Sydney
Woolworths, owner of Australian clothing chain David Jones, has sold its flagship Elizabeth Street store in Sydney for a maximum of A$510m (R5.6bn) and will remain a tenant in the building for at least 20 years.