Worldwide Platinum Group Metals (PGM) Industry to 2024 - High Adoption of Platinum-based Medicines is Driving Growth yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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SA stocks set for first weekly drop of 2021; Sasol jumps
Foreigners remained net sellers of South African stocks for a seventh consecutive session Thursday, disposing of R56 million worth of shares.
By Adelaide Changole, Bloomberg
29 Jan 2021 10:43
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Image: Bloomberg
South Africaâs main stocks index was poised to halt a four-week rally that saw it post eight record closes since the start of the year and was headed for its first weekly drop of 2021.
The FTSE/JSE Africa All Share Index fell 1.4% as of 10:04 a.m. in Johannesburg, dropping for a third day this week, as weakness in miners and banks overwhelmed gains in index heavyweights Naspers and Sasol.
UK sets out renewable Africa hopes at summit
The UK has grand hopes to extend its links with Africa, particularly in the renewable space where there is clear scope for facilitating investments and supporting increased generation.
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The UK has grand hopes to extend its links with Africa, particularly in the renewable space where there is clear scope for facilitating investments and supporting increased generation.
Good fortune bolsters PGMs in 2020
By Dineo Faku
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JOHANNESBURG - GOOD fortune smiled on mining companies as the gold price jumped sharply this year and platinum group metals (PGMs), particularly palladium and rhodium, strengthened significantly since the second half of last year.
Cash flow surged and profits soared as the bullion price broke several records due to the Covid-19 pandemic, spooking the markets and investors dumping risky assets for gold which is considered a haven asset during times of uncertainty.
In April, the gold price reached $1 720 (about R25 000) an ounce, bringing it to R1 million a kilogram. It smashed $2 000 an ounce in August.
Anglo to exit its SA and Colombian thermal coal mines by 2023 iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.