Will S. African Miners Gain from Weak Rand?


"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

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe