JSE strikes gold

[Bloomberg]

JSE strikes gold

South Africa’s benchmark stock index headed for a record close as the surging gold price boosted shares of the country’s precious metals miners.

 

[Pegging]

You still have to get the gold out of the ground.

The industry South Africa was built on is in steep decline

South Africa’s gold industry, once dominant, has collapsed due to rising costs, deep mining challenges, and global competition from cheaper sources.

businesstech.co.za

 

[zerocool2009]

Loving it! My DRD gold shares…. Above 100% growth!

 

[genetic]

Our platinum production is on the increase at least, unless America says no.

South Africa is also the largest producer of catalytic converters globally, a good portion of which are earmarked for the States.

Dark clouds gather for carmakers in South Africa

South Africa’s seven major automakers stand to lose affordable access to one of their biggest customers.

topauto.co.za

 

[3WA]

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RAS