Between October 2015 and mid-January 2016 the JSE Resources index crashed 38%. Mining shares were out of favour more than they've ever been.
Since then, the index has recovered some of these losses, becoming one of the best performing sectors on the JSE for 2016.
In fact, since the resource index's January low, it's up 40% for the year so far!
But that doesn't mean you can just up and ... ››› more
There are a number of fundamentals suggesting the time is nearing to start buying miners.
This includes the large diversified miners like Anglo American, BHP Billiton and Glencore Xstrata.
So what's changed? Why are these companies now looking like good investments?
Read on to find out…
The mining sector has went from excess supply to famine
The mining sector as a whole is very cyc... ››› more
As things stand now, mines can't control their labour costs.
Things are difficult for mining companies in South Africa thanks to the power struggle between various labour unions.
In fact, the negative effect of labour unions on the mining sector cannot be overstressed.
And now, even the big mines in South Africa are on a slippery slope.
They're struggling to survive!
And none more so than ... ››› more
Have you ever given any thought to where the world's gold supplies come from? You may think that it just comes out of the ground via mines, but that's not all. There's another large supplier of the yellow metal. Read on to find out…
Basically, mining companies and central banks supply gold, the team of experts at FSP Invest explain in How to Make Money from Gold...
Let’s have a look at ea... ››› more
The whole mining sector in South Africa has taken a knock. Mining companies are taking strain and gold mines in particular have been in real turmoil.
But that doesn't mean there aren't gains to make.
It all comes down to making the right decisions about what to invest in and when to invest in it.
But you have to be smart, and you also have to break away from the pack...
By following ... ››› more
Yesterday, the Chamber of Mines tabled a new offer to the National Union of Mineworkers (NUM), the union says. Both parties have not revealed details of the offer at this stage. Let's take a closer look at what's going on…
Yesterday, the Chamber of Mines submitted a “revised wage offer” to the NUM, reports IOL. Lesiba Seshoka, spokesman for the NUM, said that the new offer “will be the s... ››› more
After weeks of talks, the gold mining firms have now made their final offer to the unions. The offer is much less than the unions have battled for. If the unions don't accept this, strike action could start on Monday. Let's take a closer look at the offer…
Earlier today, the Chamber of Mines said that “gold mining companies tabled their final wage offer to all labour unions within the sector... ››› more
Investors are taking note of Afrimat. At the end of October, the South African open pit mining company reported a 16.3% rise in diluted headline earnings per share for the six months ended August 2012. On Thursday, it released further positive results for the year to February 2013 that show it's maintaining its growth trajectory despite challenging times for the local mining sector…
Af... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.