buying shares in south african mines

Mining and minerals in South Africa

Aug 16, 2012The junior mining sector in South Africa was born of new legislation in the form of the Mining and Petroleum Resources Development Act of 2006. The law enforced a "use it or lose it" principle, stipulating that mining rights not used by mining companies to exploit minerals in the ground would revert back to the state. Get price

The world's biggest gold mines: Top ten

Jan 30, 202010. Cortez gold mine, USA 1. South Deep gold mine – 32.8 million ounces (Moz) South Deep gold mine is the largest gold mine in the world, by reserves. Located 45km south-west of Johannesburg in the Witwatersrand Basin, South Africa, South Deep is also the seventh deepest mine in the world, with a mine depth up to 2,998m below the surface. Get price

Contact details

Share registries. Computershare Investor Services Level 2, Reserve Bank Building 45 St Georges Terrace Perth WA6000, Australia. Computershare Investor Services The Pavilions, Bridgwater Road Bristol BS99 6ZZ United Kingdom. Computershare Investor Services Ground Floor, 70 Marshall Street Johannesburg 2001 South Africa Get price

Nickel

URU Metals owns of The Zebediela Nickel Sulphide Project following the completion of the acquisition of shares of Umnex Minerals Limpopo (Pty) Ltd (UML) in April 2014. The project is located in the Limpopo Province of South Africa close to the platinum mining town of Mokopane. Get price

South Africa now has some of the cheapest shares in the

Oct 26, 2018But not as cheap as South African small and mid-sized companies – which are, in fact, among the cheapest shares in the world. Keith McLachlan, a small and mid-cap specialist fund manager at AlphaWealth, compared the share prices of these South Africa companies to their book value, the amount left over if a company sold all of its assets and Get price

Problems in the mining industry in South africa

The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so Get price

What are shares and how do they work?

Buying shares in that company lets you own some of the company, instead of all of it. How shares work. To make it possible for you to buy shares, the curren t owners of the company would agree to break the company into, say, 10 000 shares, each worth R10. The value of the company remains at R100 000 (R10 share price x R10 000 shares), but you Get price

South Africa Stock Market

The South Africa FTSE/JSE Africa All Shares Index rose 0.5% to close at 56,870 on Thursday, extending gains for a second day. Investors cheered Fed Chair Powell's announcement of a new monetary approach to revive the US economy including a flexible form of average inflation targeting, although it was emphasized that any price overshoot would be only moderate and not permanent. Get price

How and Where to Invest in Africa

Sep 25, 2019South Africa represents the most popular way to invest in Africa. Driven largely by raw materials and mining, the country is the largest producer of gold, platinum, and chromium in the world. However, the country's agricultural and banking sectors are also fairly sizable, and its consumer class is slowly reducing reliance on exports and fueling Get price

Buying Stocks in Gold Mining Companies

Buying Stocks in Gold Mining Companies; Buying Stocks in Gold Mining Companies. Based in South Africa, it operates over 20 mines and has significant operations in Africa and South America, particularly in South Africa, Namibia, Tanzania, Ghana, Mali, Brazil, Argentina, and Peru, which all have major gold deposits. Get price

10 Things to Remember about Owning Shares

Shares go up in price, and also down. If you buy shares at a high price and the market falls, you may lose money. But if you buy more shares and the price goes up, you'll make money on the sharemarket. 'Get rich slow' should be the share investor's motto. Shares have an excellent long-term track record of generating wealth. Get price

WEST WITS MINING – WEST WITS MINING

West Wits Mining Limited Investor Presentation – November 2019 13/11/2019 ABOUT US WWI is the only gold producer with operations in both regions that have conglomerate gold mineralisation with aims to be a mid-tier gold producer, delivering a pipeline of consistent shareholder returns. Get price

A Basic Guide to Investing in Property in South Africa

"Yes, the share market can be volatile, but if you bought into one listed property fund, you have already spread your risk into a number of properties, so the concentration risk isn't nearly as much as with a buy-to-let property." South Africa boasts numerous real estate funds that have dominated the unit trust space over the last ten years. Get price

The JSE's 9 Fastest

Apr 09, 2015They have a tax-free savings account that allows you to invest in any South African share. Just click on the box in the upper right-hand corner to register. You will not be charged anything to register, but you will need to deposit funds when you are ready to invest. When you buy shares, EasyEquities will charge a small commission fee (0.25%). Get price

How to buy international stocks from South Africa

Jan 31, 2020If you want to invest in the South African market, the cheapest way to do so is to buy the Satrix 40 ETF. This way, you'll own a small share in all the top 40 South African companies. If you want to invest in the US market, buy an SP500 ETF. That way, you'll own a small share Get price

Mining and minerals in South Africa

Aug 16, 2012The junior mining sector in South Africa was born of new legislation in the form of the Mining and Petroleum Resources Development Act of 2006. The law enforced a "use it or lose it" principle, stipulating that mining rights not used by mining Get price

South Africa GDP From Mining

GDP From Mining in South Africa decreased to 214016.51 ZAR Million in the first quarter of 2020 from 227400.35 ZAR Million in the fourth quarter of 2019. GDP From Mining in South Africa averaged 233486.17 ZAR Million from 1993 until 2020, reaching an all time high of 251119.50 ZAR Million in the fourth quarter of 2006 and a record low of 214016.51 ZAR Million in the first quarter of 2020. Get price

How to buy shares in JSE Listed Companies

Buying shares. When buying shares, you need to decide which company's shares you want to buy, how many shares you want and at what price. How to buy shares in JSE-listed companies . Once you have made these decisions, you need to instruct your broker accordingly (either by telephone or online). Get price

10 Things to Remember about Owning Shares

Shares go up in price, and also down. If you buy shares at a high price and the market falls, you may lose money. But if you buy more shares and the price goes up, you'll make money on the sharemarket. 'Get rich slow' should be the share investor's motto. Shares Get price

Apply for a mining permit

The Minister of Mineral Resources will issue a mining permit if all the requirements have been met. How long does it take. The South African Mineral Resources Administration System will inform you immediately if your application has been accepted (this means you have met all the requirements). How much does it cost Get price

These are foreigners' favourite South African shares

Read: Foreigners dumped billions in South African bonds in the days before the elections – but now they are piling back in Some 62% of mining shares on the JSE are now in foreign hands, and overseas investors have increased their mining holdings over the past year, particularly in platinum and gold companies, except for Harmony. Get price

Share buy

Aug 29, 2017Share buy-backs and its dividends tax implications By Mareon Basson on August 29, 2017 in Publications, Contract Drafting, Commercial law, Tax law The Companies Act No. 71 of 2008, as amended ("the Act"), provides that a company may acquire its own shares to the extent that it is solvent and liquid, as more fully described in Section 4 Get price

ABOUT UMS GROUP

UMS Group (United Mining Services), has its origins in the South African mining sector but serves global mining and minerals processing clientele with turnkey solutions that stretch across the entire mining and associated infrastructure value chain from concept studies through to mine and process plant design, construction, commissioning, ramp-up and operation. Get price

Buying international shares: easy tips for South Africans

Here's what you have to do to comply with exchange controls in order to buy and sell international shares from an online trading site in South Africa. Essop Mohamed says: For the first R1m you invest each year, it is not necessary to request SARS approval. However, you do have to show your bank's forex department your green bar-coded identity document and give them your tax number and the Get price

Apply for a mining permit

The Minister of Mineral Resources will issue a mining permit if all the requirements have been met. How long does it take. The South African Mineral Resources Administration System will inform you immediately if your application has been accepted (this means you have met all the requirements). How much does it cost Get price

These are SA's most reliable dividend

Apr 29, 2018Van Vuuren compiled a list of the South African companies which have been the most reliable dividend payers.These were the top ten on the list:. Shoprite and Sanlam: consistent dividend growth for 18 years Naspers: consistent dividend growth for 16 years EOH: consistent dividend growth for 15 years AVI: consistent dividend growth for 11 years Capitec: consistent dividend growth for 11 years Get price

Buy Shares In Apple, Facebook, Amazon, Man United And More

Jul 16, 2018Buying one share for $200 converts to around R2 600, and now you're hedging your bets on just one company for your portfolio. Nah, diversity is king, so here's a little word of advice. It's worth reading all this, too, because we'll reward those who hang around with a freebie at the end . Get price

Share Certificate South Africa

The actual number of shares must be stated on the certificate. You can't have a fraction of a share, but you can own a joint share. Foreigners must have the share certificate stamped by an "authorised dealer" for Foreign exchange purposes. There is a R10m fine for non compliance. The share certificates should be kept in a fire proof safe. Get price