Latest articles on Resources

How our urine and faeces can be used to fuel growth and create a cleaner environment

Recycling human waste not only cuts down on landfill use but can also give birth to economically viable products such as fertilisers and fuel

After the goldrush, coal addiction

Gold propped up apartheid, but it was depleted. The new fool’s gold is coal. Neither brought economic transformation

Townships are still a world apart

Bids to unleash their economic potential have failed largely because the motives, networks and practices of the informal economy are ignored.

Adcorp offers to buy Australian workforce firm

Adcorp has put in an offer to buy 100% of Labour Solutions Australia, saying the final consideration would depend on the company's earnings.

Peters unfazed by implications of an ‘outdated’ resource plan

Energy Minister Dipuo Peters is sticking to her guns on electricity policy.

Deadline looms for mining companies

There is nervousness in the sector as companies have to ensure they comply with the mining charter's requirements by next year.

Billiton in strong position, chairperson says

BHP Billiton's chairperson, Don Argus, said on Thursday that as a standalone company BHP Billiton is in a strong financial and operating position.

JSE mixed, but SAB climbs

South African stocks were a mixed bag with a weaker bias at noon on Thursday, but brewer SABMiller climbed on above-forecasts year end earnings. At noon, the all-share index was down 0,16%. Resources fell 0,67%, the gold mining index was off 1,62% but the platinum mining index added 0,15%.

JSE stays weak on miners, world markets

South African stocks remained weak at midday on Tuesday with miners the worst causalities on easing metal prices, while falling overseas markets added to selling pressures. At 12.09pm, the JSE's broader all-share index was down 0,86%, weighed by a 2,88% drop in platinum miners.

JSE mixed in quiet trade, but MTN jumps

South African stocks were mixed in a thin-volume session by noon on Friday, with MTN in focus on vague newspaper reports that an Indian firm might launch a takeover bid for the local mobile telecoms firm, traders said. By midday the JSE's broader all-share index was down 0,14%. Resources fell 1,27%.

World markets continue to burden JSE

World markets were dampened by negative earnings reports from the United States on Monday, causing the JSE to pull back sharply. By midday, the JSE's broader all-share index had fallen 1,48%. The banking index pulled back 2,51% and financials retreated 1,41%.

JSE slightly weaker on miners

South African stocks were slightly lower at noon on Tuesday, pressured by miners on faltering metal prices, but improved sentiment in overseas markets restricted losses, traders said. At noon, the JSE's broader all-share index had given up 0,19% at 30 056,80.

JSE holds on to gains on world markets

The JSE held on to gains at midday on Tuesday as investors chased after bargains following Monday's sharp losses amid strong metal prices and firmer overseas markets. By 11.59am, the broader all-share index had added 0,82% to 27 860,790 thanks to a 3,27% gain in the platinum-mining index.

JSE stays firm after Wall Street rally

The JSE remained firm at noon on Tuesday, spurred by Wall Street's overnight rebound and firmer European markets as risk aversion eased. Miners lifted the main index, buoyed by a recovery in commodities prices as metals investors chased after bargains following Monday's sharp losses, while a slight weakness in the dollar added to the upbeat mood in the metals complex.

JSE stays sharply lower on world markets

The JSE retained its weak tone at noon on Monday, in line with overseas markets amid renewed concerns about the health of the United States economy. At 11.56am, the all-share index was off 1,51%. Resources fell 2,48%, while the gold-mining and platinum-mining indices gave up 1% and 3,47% respectively.

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