Record bullion prices give South African gold miners a lifeline, risks remain

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South African gold miners are looking to cut debt and boost dividends as bullion hits record highs, with analysts and fund managers predicting a sectoral growth spurt over the next two years amid rising investor interest.

FILE PHOTO: A woman holding an umbrella walks past a shaft at Harmony Gold's Doornkop mine, 30km west of Johannesburg, South Africa, March 20, 2020. REUTERS/Siphiwe Sibeko/File Photo

Interviews with companies executives, analysts and fund managers show that higher gold prices could see some local miners bring their net debt to zero and pay healthy dividends over the next 18 to 24 months. Its net debt, which stood at 20.964 billion rand in 2019, dropped 40% year-on-year in the first quarter.

 

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People like gold more than dollars.

With Gold at record highs, every miner should be debt free and living on 50 acres!!

selon la volonté de Romanov, tout l'argent est simplement pillé et la propriété revient UNIQUEMENT aux bandits du Kremlin et aux chefs militaires du GPU qui ont refusé d'obéir à la cour et à la communauté européenne.

Vous me comprenez? Il faut donc bloquer le GPU Loubianka et le Kremlin sur les documents reçus par l'Etat de Russie, sur les biens et les postes à des postes et surtout les commandes qui ne sont pas exécutées et qui n'ont jamais été exécutées. Ainsi, la négligence du testateur

soient les documents que je prends, les commandants militaires fuient vers le Kremlin et la Loubianka et détruisent tous vos ordres et veulent donc mettre une autre personne dans l'État à ma place par falsification. Pour le poste de secrétaire général de la Russie.

dans la Loubianka et au Kremlin, sinon vous écrirez des documents et des ordres pour moi, mais les militaires, avec l'aide du blocage et des insultes, m'écrivent complètement et mettent une personne différente. ce ne sont pas que des insultes, mais des meurtres et quels que

visage afin qu'à la place de moi pour le poste de secrétaire général Comment éviter de mettre une autre personne ou le chien de Novikov à se moquer de nous tous? Le gouvernement russe au Kremlin et à Saint-Pétersbourg en Russie devrait également bloquer les commandants militaires

d'Internet, regardent comment je vis chez moi et commencent à écrire le matin au GPU du Kremlin de Moscou, donc tous les documents que vous me soumettez pour le poste de président de la Russie et des États-Unis souillent et insèrent le GPU Loubianka un autre nom et un autre

Comment établir des blocages contre l'armée russe et le Kremlin? Ils résisteront jusqu'au dernier, aucune restriction contre moi aide, ils rédigent une réfutation pour tout document et cela se poursuivra pendant plusieurs années. les principaux opposants qui, avec l'aide

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