Ramaphosa slams brakes on Zwane mining charter in bid to solve impasse
South African mining companies agreed to postpone a legal challenge to the government’s controversial new rules for the industry.
South African mining companies agreed to postpone a legal challenge to the government’s controversial new rules for the industry.
Earnings estimates for South African stocks are at their highest ever, as analysts expect a major recovery in mining companies’ profits.
Mining companies are getting back into financial shape and have cut the sector’s pool of distressed bonds by at least $60 billion.
A bid by some big mining companies to spread the risk of low commodity prices by expanding and diversifying in recent years has turned into a costly failure.