Investors wary of global mining stocks despite strong returns
Profits and strong dividends fail to lure investors back to the mining sector amid broad worries, says PwC
04 June 2019 - 18:47
Rising profits from mining companies and strong returns to shareholders have failed to ignite investor interest in the world’s top 40 mining companies, two of which have listings in Johannesburg, PwC said in its latest report.
In “Mine 2019 Resourcing The Future”, PwC reported that the top 40 companies, which included Anglo American and AngloGold Ashanti, “consolidated the stellar performance of 2017” but that investors were wary of the mining sector...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.