Will S. African Miners Gain from Weak Rand?

Source:

"South Africa's miners often benefit from a softer rand, and the currency has lost 16% in September alone."

Reuters, Ed Stoddard

South Africa's rand has lost about 16% in September.

Miners in the world's top platinum producer and fourth-biggest gold producer often benefit from a softer rand because it reduces their costs, though this has become less of a factor for gold miners as they spread their footprint elsewhere. . .View Full Article

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