Last Thursday, the top platinum producers tabled a new wage deal to the Association of Mineworkers and Construction Union (AMCU). This led to renewed talks on Tuesday. With that came optimism the strike would come to a swift end. But a report suggest the chances of a deal emerging quickly are fading. Let's take a closer look at what's going on…
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Yesterday, the Johannesburg Stock Exchange ended the day strongly higher. One of the main forces driving the local bourse up was renewed talks between platinum producers and the Association of Mineworkers and Construction Union (AMCU). This gave investors hope that an end to the lengthy strike was in sight. Let's take a closer look at what happened on the JSE yesterday…
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For the second day on the trot, the JSE closed at record levels yesterday. The local bourse benefitted from a weak rand, which boosted the mining rich bourse. The JSE edged higher as other major stock markets fell into negative territory. Let's take a closer look at what happened on the JSE yesterday…
The JSE “scaled record closing peaks for the second straight session,” reports Fin24. Pla... ››› more
After losing ground at the end of last week, the JSE closed higher today. And mining shares were the pick of the day. Gold and platinum miners were much higher at market close. Let's have a closer look…
The JSE closed firmly in positive territory today. The Top 40 Index increased 0.95% and the All Share Index closed 0.80% higher.
And it was the gold and platinum miners that really boosted t... ››› more
The platinum sector's been hard hit by labour issues and violence this past year, which has had an impact on investors' confidence in the platinum sector. But appetite for resources is surprisingly strong right and there are already signs of a recovery of the platinum price. Here's how current supply-demand dynamics will work in your favour if you invest in platinum today.
Platinum is much rare... ››› more
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