Saturday, May 18, 2024

UPDATE 18/5/2024

23/5 /2024 1.Investors are getting used to the uncertain conditions that are prevailing in the world and this has increased their confidance to the extent that they are again looking for more stable stocks.

2. Gold is holding up well as stability in uncertain times is not likely to return soon.

3. There is still an overhang in above ground PGMs . Newly mined metals on the other hand is in deficit. the prices declined in the last six months,but are now holding steady.

4.See post below for latest updates

Thursday, December 7, 2023

Mining and minerals UPDATE 23/6/2024

January 2024 to December 2024

Platinum  CAPITAL GAINS/LOSSES

From                          Update June 2024

R530 AMS           -10 %                      

R75   IMP            + 5 %

R94  NPH            +11 %

R17  SSW             -8  %

R2    JBL              +14 %


All other mining

ARI  18      %

AGL  +21   %

BHP  -18     %

EXX   +0    %

GLN   +0    %

GFI      +11  %

 


Friday, January 13, 2023

Electricity tariff increase will push mining costs up 33% by end-2024 – Minerals Council Update 16/10/23

Electricity tariff increase will push mining costs up 33% by end-2024 – Minerals Council:

UPDATE 16/9/2023

PLATINUM STOCK PRICES

LOWEST                            PERCENTAGE
PRICE IN 2023                      GAIN,
IN RANDS                         16/10/2023

R58.32         AMS      +     27 %
R80.76         IMP       +     16 %
R95.67        NPH       +     26 %
R27.03        SSW       +     2  %
R1.65          JBL        -     5   %

 The Minerals Council has noted with dismay the above-inflation electricity tariff increase of 18.65% that the National Energy Regulator of South Africa granted to Eskom in its 2023/24 financial year, starting April 1. This increase, coupled with the 12.74% tariff increased that is poised for the following financial year, will translate into a R13.5-billion, or 33.7%, increase in the mining industry’s electricity costs to R53.5-billion by the end of 2024, the council states.

Thursday, November 10, 2022

South32's Harris takes the wheel at Sandfire

South32's Harris takes the wheel at Sandfire: Copper miner Sandfire Resources has appointed Brendan Harris as its new CEO and MD, following the shock exit of founding CEO Karl Simich at the end of September. Harris, an exploration geologist, has held senior executive roles with diversified miners BHP and South32, and has been a member of South32’s executive management team since its demerger from BHP in 2015 and played a key role in the company’s establishment as its inaugural CFO.

Thursday, October 20, 2022

Cabinet endorses Just Energy Transition Partnership Investment Plan ahead of COP27 (Present Post no 3)

Cabinet endorses Just Energy Transition Partnership Investment Plan ahead of COP27: Cabinet has officially endorsed the Just Energy Transition Partnership Investment Plan (JETP-IP) following a presentation it received at its latest meeting, held on Wednesday October 19. “After welcoming a presentation on the JETP and the JETP-IP, Cabinet endorsed the

Wednesday, October 12, 2022

UPDATES

 SEE ALL THE UPDATES IN THE RIGHT HANDED COLUMN.

ALSO READ THE PREVIOUS POSTS FOR MORE INFORMATION ON PGM MINERALS FOR AN INSIGHT TO THE FUTURE IN THE posts

Friday, October 7, 2022

Inflation Reduction Act presents platinum demand opportunity (Present post no.2)

Inflation Reduction Act presents platinum demand opportunity: In a recent report, ‘Hydrogen Insights 2022’ the Hydrogen Council in collaboration with McKinsey & Co state that capturing the maximum climate value of hydrogen to help meet the 2050 net-zero carbon emissions target requires a tripling of investment in hydrogen projects to $700-billion by 2030. This is equivalent to an additional $460-billion over and above the $240-billion of direct investment between now and 2030 already announced.

Thursday, September 22, 2022

New CEO sees great opportunity to boost efforts to increase platinum investor numbers PRESENT POST NO1

New CEO sees great opportunity to boost efforts to increase platinum investor numbers: New World Platinum Investment Council (WPIC) CEO Trevor Raymond – working closely with WPIC leadership and a wider team – describes as great the opportunity to boost efforts to increase the number of investors globally who are considering allocating to platinum, amid the forceful worldwide build-up of decarbonisation momentum. “Our success will strongly support platinum’s role in global decarbonisation, as investment demand helps bridge any mismatch between demand growth and supply growth,” said Raymond, who has been a core member of the WPIC leadership team since 2014, most recently leading the organisation's global research and investor development functions.

Thursday, January 14, 2021

I WASJUST WONDERING !

 Our household dog pets are always encouraged to eat the food sold in packets and boxes as this gives them a "balanced" diet.

Heaven forbid they should get nothing else ,and its heresy to even mention our home cooked foods!

Interesting that we had large dogs that lived happy lives  longer than their average designated time of death with no symptoms seen today in dogs of sicknesses which are more mirroring human sickness.

Pets mince cooked  plus mielie meal was their almost staple

 diet. Of course we dewormed them and gave the annual Rabies injection. They were loving and loyal companions.

A friend one day blundered into a factory producing dog food, u would be surprised what goes into someof that food!

I for one think its too refined!

Friday, December 27, 2019

OUR FRIENDS

"THE GREATEST PLEASURE OF A DOG IS THAT YOU MAY MAKE A FOOL OF YOURSELF
 WITH HIM AND NOT ONLY WILL HE NOT SCOLD YOU,BUT HE WILL MAKE A FOOL OF HIMSELF TOO"


"The journey of life is sweeter when travelled with a dog "

"With out a word, my dog taught me the meaning of love."

Friday, February 23, 2018

Barry and Naomi's PAWSITIVELY ADORABLE FRIENDS: NOVEMBER- DECEMBER

Barry and Naomi's PAWSITIVELY ADORABLE FRIENDS: NOVEMBER- DECEMBER: NOTICE TO PEOPLE THAT VISIT OUR HOME THE DOG LIVES HERE,YOU DON'T IF YOU DON'T WANT DOG HAIR ON YOUR CLOTHES,STAY OFF THE FURNITURE...

Sunday, July 3, 2016

A LIGHTER LOOK AT PET OWNING !

GO TO ARCHIVE 2010 IN THE SIDE-BAR OCT 16  FOR COMMITMENT TO PET OWNERSHIP !
MANY PEOPLE KEEP TOO MANY ANIMALS IN TOO SMALL AN AREA.
AS AN EXAMPLE DO ALSO REMEMBER WHEN KEEPING SAY THREE BITCHES AND TWO DOGS THERE WILL LEAD TO FIGHTS WHEN THE BITCHES COME ON HEAT.
THIS IS UNFAIR TO THE ANIMALS AS SMALLER ANIMALS WILL BE TORN TO PIECES,AN EVENT THAT OCCURS ALL TOO OFTEN. WE SEE THIS AT OUR LOCAL VETS ALMOST ON A WEEKLY BASIS! THEY PUT DOWN ANIMALS THAT CAN NOT BE SAVED CAUSING HEARTBREAK TO MANY OWNERS.

Monday, May 30, 2016

Dogs and Cats

Naomi and myself have decided to concentrate on the gentler side of life as well as the hurly burly of business going forward. To kick of this blog again ,we suggest  that readers read THE TIMELESS PAST POSTS AGAIN AS THEY REMAIN POGNAINT and memorable.

Saturday, March 8, 2014

Happiness....

Happiness is a ball of fun, which we run where ever it rolls ,and we push when it with our feet
when it stops.

I think the most lovable patient dogs are the
 Labradors.
A great working breed are the Border Collies,with great intelligence.

Between true friends water drunk together is sweet enough!

"NO MATTER HOW LITTLE MONEYAND HOW FEW POSSESSIONS YOU OWN,A DOG
MAKES YOU RICH" LOUIS SABIN

Thursday, October 10, 2013

A MAN....

took his duck to the vet and   asked him to examine it and say whats wrong.The vet put his stethescope on the ducks hart and announced that the duck was dead!The man could not accept the verdict and asked for more tests to be held.
The vet fetched his Labrador dog .It sniffed the duck then shook its head and looked sad.The vet did the same with his cat for the same result.The man then asked how much he owed the vet and the vet said $150 dollars."Why so much" asked the man.My fee was $20,the LAB report was $100 and the CAT scan was $30 !

Friday, July 19, 2013

The hurt is starting to heal.


I usually wake up at about half past one every morning to go  to the loo.
As I was on my way something told that our son would also would have the need.I usually do not put the lite on and as I passed his whicker basket ,I heard it creaking and heard his nails click on the slate floor.I opened the inner wooden back door.We had cut a hole in the steel door for him to exit,with out unlocking it.I felt his hair brush my ankle and saw his gray shape disappear round the corner outside in the moonlight.I hurried to the bathroom.Then only did I become fully awake,I was uncertain if I had dreamed the entire episode.How ever when I entered the kitchen,true enough the door was open,feeling foolish I called his name and even unlocked the outer door and with a flash lite went to look for him.
No he is resting and I am unsure what I EXPERIANCED