Gold and PGM mines' earnings to soar
Pandemic and supply squeeze herald better earnings, safer jobs
14 February 2021 - 00:13
After a year in which precious metals prices have shot the lights out, JSE-listed platinum and gold producers this week alerted the market that they will be announcing stratospheric earnings increases as they report their financial results over the next couple of weeks.
The JSE requires companies to issue trading statements as soon as they are certain their earnings will change by more than 20%. Companies such as Impala Platinum and Gold Fields this week told the market they will be announcing earnings increases upwards of 300%...
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.