South African Stocks Head for Fresh Record as Banks, Miners Rise
Adelaide Changole Bloomberg South African stocks rose Thursday, gaining 0.6% as of 10:55 a.m. in Johannesburg and heading for a...
South Africa
Letlapa Tala Collection Tender achieves US$40.36m
Petra Diamonds Limited (“Petra”, “the Company”) Letlapa Tala Collection Special Tender achieves US$40.36 million Following a competitive tender process, Petra Diamonds...
Nersa to host public hearing on Gold Fields’ South Deep solar
NYSE- and JSE-listed Gold Fields’ South Deep mining operation has lodged an application with the National Energy Regulator of South Africa (Nersa) for an electricity generation licence for...
Bushveld closes $35m convertible loan note with Orion Mine Finance
Aim-listed vanadium producer Bushveld Minerals has successfully concluded a $35-million convertible loan note instrument with Orion Mine Finance. Bushveld CEO Fortune...
Foreign investors shun South African gold stocks on virus fears
Not even a record rally can entice foreign investors to South African gold stocks. With gold prices soaring on the...
Decline in business debt confirms deepening recession
Experian South Africa’s quarterly Business Debt Index (BDI) for quarter one (Q1) 2020 worsened sharply in to -0.710, from -0.499...
Petra’s Tough Sales Pitch
The current plight of Petra Diamonds is a frustrating example of the impact Covid-19 has had on the diamond industry,...
South African Mines Minister Mr Gwede Mantashe & Wife Test COVID19 Positive
South African mines minister Mr Gwede Mantashe and his wife Nolwandle Mantashe have tested positive for COVID-19. The couple is...
AngloGold Ashanti more than doubles cash flow
AngloGold Ashanti has more than doubled its free cash flow during the quarter, bringing its total to $87 million The...
Sibanye secures new R5bn loan facility
NYSE- and JSE-listed Sibanye-Stillwater has successfully refinanced its R6-billion revolving credit facility (RCF) that would have matured on November 15....
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