SA miners ready for a post-Covid future
Not long ago some SA miners were struggling, but in a post-Covid world their recovery might not be too painful
02 April 2020 - 05:00
As SA jumps into action to contain Covid-19, huge economic fallout is inevitable. But SA’s hardy mining sector looks likely to emerge from the crisis in better shape than most.
As the nationwide lockdown took effect on Friday, most mining operations, with the exception of some in essential coal, iron ore and other production, were shuttered. But Thishan Govender, equity analyst at Truffle Asset Management, says the miners on the JSE will survive, though at reduced levels of profitability until the crisis passes...
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.