End of an Era

 How Does one acquire Knowledge? With academic material and with life experiences that come with age  With academic material there is a stea...

About Me

Retired but always looking for new challenges.

Tuesday, November 1, 2022

Stock Trading now!

 There seems to be a recovery taking place in the United States as recovery still continues amongst the larger companies as profits are up, in key areas of the market. 

Europe struggles on as they are nearer to the war in Ukraine. How ever they are mostly showing a strong resolve to become power resource independent and at the same time boosting their clean air comitments!

The war in Ukraine is so obviously a fight between right  and wrong, that no one is in doubt that the Ukranians are being bullied to give up their freedoms and independence that have had for the last 50 years!

Remarkable unity,amongst  the Europeans has been shown and although it is costing its own citizens a steep price they realise ,if Russia gets its evil way they will then be next in the firing line!

We in South Africa have opted for neutrality in this war as our diverse society is split down the middle on actions to be taken. Fortunately we have minerals that will always be needed in all circumstances.

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Single mineral mines can suffer as supply might be interupted by oversupply.

 How ever we have the platinum group metals of which we along with Russia and Canada are the main suppliers. The main minerals in this group are Platinum,Palladium and Rhodium, Each is a seperate mineral found in the same vein(groove) in the mine. There is always at least one that is in short supply as the others drift into over supply form time to time!

Other minerals produced in smaller quantity by these same mines is Iridium,Osmium,Silver and Gold!

Please America do not abandon us as we are looked upon with covetous eyes by China and Russia!




Wednesday, October 26, 2022

Make green hydrogen part of official economic recovery plan, Dept of Science & Innovation urges

Make green hydrogen part of official economic recovery plan, Dept of Science & Innovation urges: South Africa should leverage the hydrogen opportunity as part of its official economic reconstruction and economic recovery plan. Dr Cosmas Chiteme, the director of hydrogen and energy at Department of Science and Innovation, highlighted this as the top key message on the way forward at the conclusion of his address to the Seventh Platinum Group Metal (PGM) Roundtable, hosted by South Africa’s Mapungubwe Institute for Strategic Reflection (Mistra). (Also watch attached Creamer Media video.)

Friday, October 21, 2022

Botswana Diamonds agrees 3% royalty with Petra for data on Reivilo prospect

Botswana Diamonds agrees 3% royalty with Petra for data on Reivilo prospect: London-listed Botswana Diamonds has entered into a data licence agreement with fellow-listed Petra Diamonds to gain access to the full library of data on the Reivilo kimberlite cluster. Botswana Diamonds was recently awarded a prospecting licence over the Reivilo prospect, with Petra having been the prior holder of the licence.

Monday, October 17, 2022

Transnet announces three-year deal with key union after brutal strike

Transnet announces three-year deal with key union after brutal strike: Transnet announced on Monday that it had reached an agreement with the United National Transport Union (UNTU) for a three-year wage deal. UNTU represents 54% of unionised employees at Transnet.

Thursday, October 13, 2022

Business appeals for swift resolution to Transnet strike, as miners lose R815m a day

Business appeals for swift resolution to Transnet strike, as miners lose R815m a day: As the impasse between Transnet and its two recognised unions – the United National Transport Union (Untu) and the South African Transport and Allied Workers Union (Satawu) – continues, organised business has called for a “swift, sustainable resolution”, while government Ministers have expressed “extreme concern” over the negative economic fallout of the strike. In a joint statement, Business Unity South Africa (Busa) and Business Leadership South Africa rejected short-term solutions, such as temporarily increasing levies, which they said could have unintended consequences.

Monday, October 3, 2022

On a knife edge !

 The market is on a knife edge! Usually when there has been a drop of 30% to 40 % there is a consolidation  then a slow rise of stock prices and then as further gain at a faster pace going well above the price at which the market started declining. Especially after a sharp sell-off of the whole market as now occured, with the war in Ukraine and world powers moves to lower the pain for their citizens financially.

The elephant in the room is of course Russia with threats to use mini nuclear bombs to again gain the upper hand as they are losing the war at the moment. A dreadful thought at the moment of course as this is a red line which would up the ante as they would not be allowed to get away with it!

All southern hemesphere countries are rich  in mineral resoures and their products will always be in demand as what ever happens the world  needs most of them so they are a better bet than manufactured products a this stage. In our opinion only this seems as a good time to start nibbling at the stratregic mines .

.All the latest updates are in the right hand column.

Monday, September 5, 2022

Major platinum mining company planning 520 MW renewable generation ....

Major platinum mining company planning 520 MW renewable generation: Platinum group metals mining and marketing company Implats is planning to introduce 520 MW of renewable power as part of an ambition to reduce its carbon footprint by 30% by 2030 and become carbon neutral in 2050. The current carbon generation of the Johannesburg Stock Exchange-listed company is about 3.3-million tons of carbon a year, which it aims to reduce to 2.2-million tons, a saving of 1.1-million tons.a