An oil and gas supercycle may be on the way, and that’s huge for Africa
As oil sniffs $100 a barrel, Africa’s energy security is there for the taking. From Moneyweb. Oil prices are up 70% over the last 12 […]
Anglo Platinum’s record-breaking performance aided by surging PGM prices
PGM prices were up 22% in 2021, helping the group to a record R108bn in earnings. From Moneyweb. Anglo Platinum (Amplats) reported record earnings for the year […]
Canada’s seizure of protestors’ assets is a frightening development, but good for cryptos
CEO of crypto exchange Kraken tells clients to get their coins out of centralised exchanges and to trade peer-to-peer. From Moneyweb. If the Canadian government’s […]
Ciaran Ryan speaks to Gold Fields CEO Chris Griffith about the redemption of South Deep
South Deep, long the prodigal son in the portfolio, has now with its ‘fantastic performance’ thrilled its proud parent: CEO Chris Griffith. From SAFM
South Deep returns Gold Fields’s faith in buckets
Acquired in 2007, South Deep was a costly and unruly child. The faith shown it by Gold Fields was returned in buckets last year. From […]
DRDGold rewards shareholders despite drop in revenues at interim stage
Covid had limited impact on performance, though climate change is now noticeable affecting operations. From Moneyweb. Surface gold treatment group DRDGold has rewarded shareholders with […]
RB Platinum to shareholders: Take the Impala buyout offer
Impala Platinum looks like it has found a home for its sizeable cash hoard as Royal Bafokeng Platinum recommends shareholders accept its buyout offer. From […]
New Victoria Falls Stock Exchange aims to revitalise the Zimbabwean economy
It’s the first hard currency stock exchange in sub–Saharan Africa. From Moneyweb. Officially launched in December 2021, the Victoria Falls Stock Exchange (VFEX) is the […]
Amplats expects blowout results
Helped by better commodity prices and an 82% increase in PGM sales volumes. From Moneyweb. Anglo American Platinum (Amplats) says it expects another spectacular set […]
ArcelorMittal’s best performance in 15 years
Ending a three-year profit drought. From Moneyweb. On the back of a 91% increase in international steel prices and a 47% bump in local prices, […]