Latest News
Who will build South Africa’s new coal now the corporate balance sheet is evaporating?
Who will build South Africa’s new coal now the corporate balance sheet is evaporating? The post Who will build South Africa’s new coal now the corporate balance sheet is evaporating? appeared first on Miningmx. Source: miningmx.com
RBPlat says way cleared for growth and dividends after debt to Amplats “extinguished”
ROYAL Bafokeng Platinum (RBPlat) said the way had been cleared to resume dividend payments in the future following repayment of a “deferred consideration” – some R1.86bn – owed by the company to Anglo American Platinum (Amplats). The money is for Amplats’ 33% stake in Bafokeng Rasimone Platinum Mine (BRPM) that RBPlat now controls outright. Commenting… Read More
Capital Markets Remain Fragile after Yesterday's Bloodletting
Overview: Yesterday’s bloodletting in global equities has calmed, but investors remain on edge. Despite all the concerns that the markets were under-appreciating the implications of the new coronavirus, there is a sense that yesterday’s moves were in excess. Japanese markets, which were closed on Monday, played catch-up today, and the Nikkei shed 3.3%. Australia’s market… Read More