NOVEMBER UPDATES Platinum starting to recover

If we get a down grade in the Rand this month Rand value against the Dollar will weaken. In this instance minerals and metals usually go up by a comensurate  amount . See the update pages in the side-bar.

OCTOBER UPDATES

Prime resource  prices are fairly static as usual at this time of the year. 
How ever as the Rand weakens against the US Dollar the amount of Rand received is shooting up. This is giving some relief to the hard pressed mines at least temporally .
See page up datews for October.

SEPTEMBER UPDATES now in place

The case on the third mining charter has been forwarded till December 2017. See side-bar for latest updates

MARKET STEADIES

Seems as if chamber of mines will win their case in September. See last months update. there are some fair stocks worth investing in. Be always ready to bail at short notice. All updates,see side bar now in place for August

Updates Suspended due to attempt by state for partial nationalisation !!! JULY 2017

The chamber of mines and American chamber are opposing this move as the mines minister has by-passed the elected parliament and gazetted a number of bills,which is devistating the mining industry. The former is seeking an urgent interdict to stop this madness as large quantities of money is being withdrawn from the mining industries,which is going to lead to loss of work for thousands of miners and loss of tax revenue!
Best stick to large shares such as Glencore, Anglo and Billiton as they have their primary listings outside south Africa!

UPDATES IN PLACE FOR JULY

With the world in confusion at the moment ,resource prices have stopped going up at the moment. worst performing are Platinum group metals and other precious metal have shuddered to a halt with almost nothing in the way of dividends .We have decided to start a new list as there likely to be bargains in future. the mining and holdings companies as well as gold have been updated. See sidebar.

MARKING TIME

Resource stocks ,usually mark time in this month. Some have climbed too fast this year as demand is likely to increase faster next year. The upward trend is how ever not broken yet. See all the updates in the left side-bar for MAY.

NEWEST TRENDS

We were one of the first informant JOURNALISTS to come up with the information on the Rare Earth minerals and metals LITHIUM  and COBALT and also then the significance this would have upon the existing metals such as gold and the platinum group, regarding ELECTRIC VEHICLES and other uses ..

To always be at the cutting edge of ideas Visit stock trading trends or google ABACUS ON STOCK TRADING TRENDS, TO KEEP UP TO DATE WITH LATEST DEVELOPMENTS.
CLICK ON "STOCK TRADING TRENDS" AT THE TOP OF THE LEFT SIDE-BAR to access the ABACUS BLOG.
All pages updated see side-bar

Windfall March 2017

Thanks to our inept President our Rand is falling like a stone. Initially good for our metal and mineral prices as we receive more in Rand terms. 
How ever our imports are then more expensive and our exports are more expensive for overseas buyers which then cancels out all our gains .So we hope the volatility will end quickly before irreparable harm is done to our economy! All updates now in place.

NEW YEAR UPDATES

The results of the main general mining Final and Interim companies are been published this month.
It would seem as if investors are disappointed with the results. Do remember that because of the recession mineral and metal prices tumbled and demand stagnated between 2009 and 2014. Since then prices have shown stability and as demand is now increasing recoveries are recurring.
It would seem as if dividends were expected. Do remember that most companies decided to downsize .This has put them in a much stronger position. They are all likely to grow expotentially  in future with many good years ahead.

See the side-bar for the latest updates

FINAL UPDATES

THE final updates are in place  for 2016. The stocks went through a jerky run during the year but traders that followed the leaders and stayed in for the whole period and did not try to time the market did the best,with the extra costs there to attached. OUTSTANDING GAINS WERE MADE DURING THE YEAR see the side bar for the lists.