Wescoal plans to make a mint picking up majors’ leftovers and milking them

Wescoal has reported some stellar interim results thanks largely to the inclusion of Intibane Colliery in its interim numbers. The performance highlights how Wescoal’s strategy of identifying attractive assets and leveraging them to boost revenues over the short to medium term has paid off. In this interview, Wescoal CEO Andre Boje talks about Wescoal’s plans … Read more

SA institutions climbing into mining stocks while foreigners dump. Who’s right?

News that R700bn Glencore is working on a secondary listing on the JSE has brought focus onto the issue of pent-up demand for global stocks among South African institutional investors. Because they’re limited by legislation to how much they may invest abroad, there’s billions of investible rand available for stocks like Glencore once they list … Read more

Discovery, the Great Disruptor, again proves why it’s a cornerstone for any long term investment portfolio

It’s well known in Johannesburg that the smartest kids have a straight choice between joining Discovery, the locally-based financial services group, or Glencore, the global resources giant run by Joburger Ivan Glasenberg. Both groups put a premium on intellect and an ability to embrace complexity. But while Glencore is already established in its field as … Read more