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Stephen Grootes speaks to mining expert Peter Major about Gold Fields’ A$3.7 billion acquisition of Gold Road Resources, offering shareholders A$2.52 per share plus a variable cash component, amid rising gold prices and sector consolidation. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.
Nosipho Radebe is in conversation with Peter Major, a Mining AnalystSee omnystudio.com/listener for privacy information.
Peter Major, Director of Mining at Modern Corporate Solutions, captivated the audience at the seventh BizNews Conference (BNC#7) with a whirlwind tale of his career sparked by Chris Barnard's 1967 heart transplant and ignited by South Africa's gold rush. From navigating inflation and gold price slumps to outsmarting market cycles at Harmony Goldmine and Alan Gray, Major shared an insider's view of the mining industry's highs and lows. With wit and wisdom, he dissected global fund flows, championed South Africa's undervalued market, and warned of the US's risky earnings bubble—proving why he's a macro maestro in a volatile world. In a lively Q&A with Bronwyn Nielsen following his keynote at the seventh BizNews Conference (BNC#7), Peter Major tackled gold's soaring prices, his shorting misadventures, and savvy diversification into a British Columbia logging camp, Canyon Silver, and Idaho's Lone Pine Gold mine. With candid insights, he weighed South Africa's undervalued market against the S&P 500, dissected mining stock risks from Mali to Merafi, and mused on political wildcards like Trump and Xi. Major's top-down wisdom and humor shone as he navigated audience questions on everything from copper bids to platinum prospects.
Nosipho Radebe is in conversation with Peter Major, a Mining Analyst See omnystudio.com/listener for privacy information.
The US and Ukraine have to a preliminary agreement, where the US gets access to Ukraine's rare earth minerals in exchange for military aid. But what are these rare earth minerals and why does Trump want them? Lester Kiewit speaks to mining analyst, Peter Major to learn more. See omnystudio.com/listener for privacy information.
Nosipho Radebe is in conversation with Peter Major, a Mining Analyst See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to mining expert Peter Major about ArcelorMittal's decision to close its Newcastle and Vereeniging long steel mills, resulting in 3,500 job losses.See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to mining expert Peter Major about the escalating dispute between Tetra4 and Springbok Solar Power Plant, highlighting concerns over mineral rights in South Africa. In other interviews on the Money Show, A tale of two economies is unpacked with Dr Francois Stofberg, financial well-being economist at the Efficient Group looking at China's economic slowdown, Japan's recovery, and global market implications. See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to mining expert Peter Major about the escalating dispute between Tetra4 and Springbok Solar Power Plant, highlighting concerns over mineral rights in South Africa.See omnystudio.com/listener for privacy information.
Peter Major, Mining Analyst speaks to Ray White about efforts to deal with illegal mining in Sabie and Stilfontein. See omnystudio.com/listener for privacy information.
This evening we look at the markets with Sasfin Wealth, speak to Tiger Brands about its results, analyst Peter Major discusses issues around Transnet forcing the private sector to find alternative logistics solutions, Maya Fisher-French joins us to discuss a new scam on the rise featuring fraudulent Facebook charges, and in our Executive Lounge segment, we speak to Burstone Group CEO Andrew Wooler about how he got into the investment space and finding work-life balance. SAfm Market Update - Podcasts and live stream
Guest: Mining analyst Peter Major Africa Melane speaks to well-known mining analyst Peter Major about the process of selling and buying gold legally in South AfricaSee omnystudio.com/listener for privacy information.
This morning's BizNews Briefing, on air here from 7am, featured the latest on the US Presidential Election where Donald Trump is edging ahead; and live contributions from David Shapiro, Peter Major and Wayne Duvenage.
Peter Major, Director of Mining at Modern Corporate Solutions, discusses challenges facing South Africa's mining industry. He highlights political volatility in the U.S., Sibanye's financial performance, and South Africa's dwindling gold production due to high costs and regulatory burdens. Major urges regulatory reform to attract investment and sustain the sector.
En Afrique du Sud, les producteurs de platinoïdes sont dans une très mauvaise passe. Les cours du palladium et du rhodium, des métaux moins demandés avec le passage des véhicules à l'électrique, ont vu leur cours plonger, après avoir atteint des sommets. La bulle éclate et se retourne contre les groupes miniers producteurs de ces métaux précieux, qui emploient plus d'un tiers des salariés du secteur minier en Afrique du Sud, premier producteur mondial de platinoïdes. La chute des prix des platinoïdes a forcé plusieurs grands groupes miniers à se restructurer depuis deux ans en Afrique du Sud. Fermetures de puits, pertes d'emploi... L'entreprise Sibanye Stillwater a dû se séparer de 12 000 de ses 80 000 salariés. « À partir de 2023, nous avons assisté à une baisse des prix de ces matières premières, les principaux platinoïdes que sont le platine, le palladium et le rhodium, explique Charl Keyter, directeur financier du groupe. Et je pense que cela s'explique en grande partie par l'opinion largement répandue selon laquelle tout le monde va se tourner vers les véhicules électriques. »Platinoïdes victimes du succès de la voiture électrique Ces platinoïdes sont en effet principalement utilisés dans l'industrie automobile, pour confectionner les pots catalytiques des voitures thermiques. La pandémie de Covid-19, puis l'invasion de l'Ukraine par la Russie, second producteur de ces métaux, avaient poussé de nombreux constructeurs à faire des réserves auprès des mines sud-africaines, faisant exploser les prix.« Pendant le Covid, nous avons vu le prix des métaux du groupe du platine grimper à des niveaux jamais imaginés. Jusqu'à trois fois supérieurs à leur précédent record historique, rappelle Peter Major, analyste du secteur. Maintenant que ces prix ont baissé et sont revenus à des niveaux plus normaux, cela met l'industrie sous forte pression, car il y avait eu de grosses augmentations de salaires, de grands projets d'investissement, et des acquisitions très coûteuses à l'étranger. »Espoirs dans la voiture à hydrogèneLes prix semblent s'être à présent stabilisés, et ces entreprises minières sont soulagées d'y voir un regain d'intérêt pour les voitures hybrides. Mais elles continuent d'espérer que la transition écologique jouera davantage en la faveur des véhicules à hydrogène, qui nécessitent des platinoïdes.« Nous pensons vraiment que l'hydrogène est une source d'énergie intéressante et qu'elle se développera au cours de la prochaine décennie, juge Craig Miller, PDG d'Anglo American Platinum, premier producteur mondial de platine. Le rôle que les platinoïdes peuvent jouer, c'est d'abord dans la production d'hydrogène, et à plus long terme – pas pour le moment –, dans les voitures à pile à combustible. »Un optimisme que ne partage pas un certain nombre d'analystes, face à la lenteur de la progression, depuis 30 ans, des technologies utilisant l'hydrogène.
Deep insights in this episode of the BizNews Briefing as top retail analyst Evan Walker of 36ONE explains what impact the annual financial results will have on the super-charged share price of Clicks and the sector generally in the context of the Takealot v Amazon v Temu; and mining guru Peter Major assesses the latest news from Afrimat; Anglo American; Anglo Platinum and Kumba. Also in this show, Western Cape focused property stock Spear's CEO Quintin Rossi; Wilgenhof; implications of North Korean troops in the Ukraine front line; and chances of success for Putin-punted BRICS currency.
Mining expert Peter Major discussed South Africa's mining sector challenges and strengths, including Afrimat's growth trajectory, Anglo American's stability, and Kumba Iron Ore's strategy for maximizing value despite infrastructure constraints. He also highlighted global economic impacts on commodities and the need for sustainable, well-managed mining operations amid geopolitical uncertainties.
This morning's BizNews Briefing features insights from top financial minds Peter Armitage, Steven Hurwitz, and Peter Major. Key topics include comments on Naspers CEO Fabricio Bloisi, contrasting opinions from Fed officials on rate cuts, Disney's new leadership strategy, and growing confidence in South African markets amidst economic improvements like declining interest rates, increased foreign bond investments, and reduced load shedding.
Speaking to Alec Hogg on this morning's BizNews Briefing podcast, Peter Major, a prominent mining analyst, shared insights into the future prospects of Anglo American amidst ongoing market challenges. He discussed the company's strategic initiatives to enhance operational efficiency and diversify its portfolio in response to fluctuating commodity prices and economic uncertainties. Major emphasized that despite short-term headwinds, Anglo American's focus on sustainable practices and innovation positions it well for long-term growth. He also highlighted the importance of adapting to global trends, such as the transition to green energy, which could unlock new opportunities for the mining giant in the years ahead.
In today's BizNews NewsWrap, we bring you the latest highlights, from Russia's BRICS summit to the resurgence of South Africa's banking sector. Tune in for expert insights from Peter Armitage on SA market optimism, Steven Hurwitz on Naspers' unusual 100 day trading update, and mining maven Peter Major on Anglo American and Sasol. We also dive into RW Johnson's thought-provoking analysis on whether African states should receive veto power in the UN Security Council. Catch all this and more on BizNews.com, TV, and Radio!
Stephen Grootes speaks to Peter Major ,Mining expert & director of mining at Modern Corporate Solutions about a possible round 2 attempt of BHP trying to acquire mining giant, Anglo America. See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Peter Major, mining expert and Director of Mining at Modern Corporate Solutions, about rumors of a potential second bid by BHP to acquire mining giant Anglo American.See omnystudio.com/listener for privacy information.
Veteran mining expert Peter Major explores the global commodities market, highlighting a surge in gold and renewed investor interest in mining stocks. With South Africa grappling with rising costs and regulatory burdens, Major stresses the need for government reforms to unlock growth. He remains bullish on gold and platinum, advising investors to be cautious stock pickers as demand rises but warns of ongoing challenges in navigating a complex, evolving market landscape.
In the final episode of the week, BizNews editor Alec Hogg shares insights from energetic new Home Affairs Minister Dr Leon Schreiber; Assesses the Tshwane mayoral vote with political analyst Dr Frans Cronjé and the UIM's Neil de Beer; Deputy Minister Samantha Graham-Maré on Eskom; The FT and Kelvin Kemm on nuclear's funding revival; Mining guru Peter Major; and Ari Kruger, director of Shakedown, Amazon's first original SA movie.
BUSINESS INSIGHTS Topic: Why demand for diamonds is declining Guest: Peter Major -Mining Analyst
What Gives? Diamonds in South Africa are losing their sparkle? Peter Major, Director of Mining at Morden Corporate Solutions, and Motheo Khoaripe examine the factors that still hinder the diamond industry in South Africa. Can an Advisory Committee drive infrastructure development in the country? To further advance the nation's infrastructure development, Minister Dean Macpherson is forming an Infrastructure Advisory Committee. Senior Lecturer at Wits Business School Lumkile Mondi joins Motheo Khoaripe to discuss the new committee's role and if it would be sufficient to help with infrastructure development. Africa Business Focus With host Motheo Khoaripe, Daniel Van Dalen, Senior Analyst, Country Risk and Political Risk, breaks down the most significant business stories from Africa that have occurred recently. Personal Finance - where to invest your stock market money for the next decade. Warren Ingram, co-founder of Galileo Capital and personal finance speaks to Motheo Khoaripe about where to invest your stock market money for the next decade.See omnystudio.com/listener for privacy information.
According to a recent investigation by The Outlier, the country's diamond production has declined. Diamond mining, which has historically played an important role in the economy and lifestyles of many people around the country, is facing challenges as production has just reached a decade low .Despite the downturn, reinvestments by one of South Africa's largest diamond firms, as well as advancements in the electricity and logistics sectors, provide hope for a rebound. To explore the different causes that continue to severely impede diamond mining in South Africa, we are joined by Peter Major, Mining Expert & Director of Mining at Morden Corporate Solutions See omnystudio.com/listener for privacy information.
Mining expert Peter Major weighs in on the present performance of South Africa's mining industry and whether Gwede Mantashe is holding the sector back.See omnystudio.com/listener for privacy information.
Noluthando Mthonti-Mlambo speaks to mining analyst, Peter Major.See omnystudio.com/listener for privacy information.
Business Spotlight Topic: Why SA's mining sector is losing its shine for investors Guest: Peter Major -Mining Analyst
Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, alongside host Bruce Whitfield, discuss Anglo American's defensive strategy against a potential takeover by rival BHP. Anglo American has announced a significant restructure—the most extensive in decades—where it plans to demerge its 79% stake in Anglo American Platinum (Amplats) and either sell or demerge De Beers, the diamond mining company it has been associated with for over a century.See omnystudio.com/listener for privacy information.
Peter Major, mining expert & director of mining at Modern Corporate Solutions and host Bruce Whitfield discuss Glencore also showing interest in acquiring Anglo American. He also discusses BHP chief executive meeting with SA mining ministry. On The Money Show Explainer, Deon Gouws ,chief investment officer at Credo and Bruce Whitfield discuss why Apple sales are falling almost everywhere. Then Thabo Makhetha-Kwinana, fashion designer and owner of the leading women's wear label, which bears her name, was our Friday File guest. She spoke about her brand, which is globally recognised for using and taking inspiration from authentic Basotho blankets to create beautiful garments.See omnystudio.com/listener for privacy information.
Peter Major, Mining expert & director of mining at Modern Corporate Solutions and host Bruce Whitfield discuss Glencore also showing interest in acquiring Anglo American. He also discusses BHP chief executive meeting with SA Mining Ministry.See omnystudio.com/listener for privacy information.
Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, joins host Bruce Whitfield to explore the subsequent actions in response to Anglo American's dismissal of BHP's deemed 'opportunistic' and 'unappealing' takeover proposal. Dr. Azar Jammine, the director and chief economist at Ecomometrix, shares insights on The Money Show's Explainer segment, delving into the factors driving BHP's decision to distance itself from South Africa. Coming from a systems engineering background and owning a wellness centre, Nurah Farzee embarked on a new venture with Imaan Luxury Organics. This decision stemmed from her realisation that the skincare products she offered at her wellness centre contained an excessive amount of chemicals, adversely affecting her clients' cellular health. Determined to provide a solution, she formulated her own skincare line, drawing upon her expertise in cellular health and understanding of cellular functionality. She details how her business came to be in our Friday File feature…See omnystudio.com/listener for privacy information.
Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, joins host Bruce Whitfield to explore the subsequent actions in response to Anglo American's dismissal of BHP's deemed 'opportunistic' and 'unappealing' takeover proposal.See omnystudio.com/listener for privacy information.
South Africa's mining investment guru Peter Major has come out all guns blazing against Australian BHP's “opportunistic” bid for Anglo American. In this powerful interview with BizNews editor Alec Hogg, Major calls on SA's president and mining minister to step in quickly and promise to reverse legislative mistakes which chased away global investors. Doing so, he says, will save Anglo from BHP's clutches and turbo-charge the country's moribund mining sector. Major believes it's easy to fix - but requires humility and realism from Pretoria. Starting with appeals to an alienated global investment community to stop Wall Street desk jockeys killing SA's 107 year-old Golden Goose.
Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, along with Mothe Khoaripe, explores the potential job cuts at Sibanye as part of its gold operations restructuring. The mining company has already reduced its workforce by approximately 2,000 positions in its PGM operations following a significant decline in metal prices last year. Wayne Duvenage , CEO at Organisation Undoing Tax Abuse (Outa) explains to Motheo Khoaripe what the scrapping of e-tolls means to the businesses that have been paying for them Viv Govender, portfolio manager at Rand Swiss looked at navigating dodgy investments as our headteacher of our investment school. Govender looked at recognizing pitfalls and safeguarding your finances and explained how to avoid common traps with these essential insightsSee omnystudio.com/listener for privacy information.
Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, along with Mothe Khoaripe, explores the potential job cuts at Sibanye as part of its gold operations restructuring. The mining company has already reduced its workforce by approximately 2,000 positions in its PGM operations following a significant decline in metal prices last year.See omnystudio.com/listener for privacy information.
Noluthando Mthonti-Mlambo speaks to Mining Analyst, Peter Major about the wage agreement that guarantees mining labour stability that saw JSE-listed miner Harmony Gold sign a multiyear, above-inflation pay deal giving mineworkers raises of as much as R1,500 in 2029.See omnystudio.com/listener for privacy information.
Peter Major, an esteemed mining expert and director of mining at Modern Corporate Solutions, joins host Motheo Khoaripe in exploring the recent development of Harmony Gold signing a five-year wage deal with trade unions. They delve into the implications this agreement holds for the South African mining sector. Anton Ressel, strategic head for SME Support at Fetola looks at why financial backing is not the sole important requirement for jumpstarting a business. He says this is because money alone cannot remedy fundamental flaws within a business model. Chantal Marx, Head of Equity Research at FNB Wealth and Investments, teams up with host Motheo Khoaripe to delve into the nuances of commodities investment. The discussion centres on the contrasting approaches of investing in mining companies versus opting for direct exposure through ETFs. They analyse the potential benefits and risks associated with each strategy.See omnystudio.com/listener for privacy information.
Jan Vermeulen, editor at Mybroadband on the chilling revelation of a ransomware group's claims to have infiltrated the Companies and Intellectual Property Commission (CIPC) since 2021, exposing the agency's alleged cover-up of a breach three years ago. Peter Major, mining analyst on SA's platinum industry, warns of heightened pressures with significant job losses following a 35% plunge in PGM prices due to decreased global demand. Hendrik Du Toit, CEO at Ninety One chats about the early stages of his career, to where he is now. And the asset management environment in the current tough economic climate we are in.See omnystudio.com/listener for privacy information.
Peter Major, the internationally respected mining guru from Modern Corporate Solutions, has attended virtually all of Cape Town's annual Mining Indabas - an event which is now in its third decade. His verdict after this month's gathering of the global mining's movers and shakers: because of bad policies, SA is still going backwards - but reforms at SADC neighbours Zambia and the DRC is attracting tens of billions of dollars in fresh investment, creating tens of thousands of new jobs. Major reckons the sector which should be driving SA's economy forward is floundering because the ANC lost the plot years ago and has been unable to get out of a self-created hole. He spoke to BizNews editor Alec Hogg.
Ed Stoddard, journalist at Business Maverick and Peter Major, mining analyst on how the Department of Mineral Resources and Energy's delays in issuing mining applications is impacting the industry. Prof Adrian Saville, Investment Specialist at Genera Capital & Professor of economics and finance at GIBS on whether SA can still sell itself as a FDI destination at the WEF in 2024. Alan Committie, comic actor and qualified high school teacher was our guest in How I Make Money. He explained why he transitioned from being a teacher to a comedian.See omnystudio.com/listener for privacy information.
Kumba Iron Ore's sales for the third quarter fell 12% year-on-year, as the miner battled equipment breakdowns at the Transnet managed Saldanha Port. Anglo American Platinum meanwhile meantime posted a 9% fall in production during the period as load-shedding weighed. Business Day TV unpacked the data in greater detail with Mining Analyst, Peter Major.
On this episode of the Big Idea, we take a look at the junior mining sector with mining analyst, Peter Major and Fred Arendse, the founder of the junior mining council.
De Beers is set to keep selling rough diamonds from Botswana for another decade, under a new arrangement between the gem giant and the world's second-largest diamond producer. Business Day TV spoke to Mergence's Mining Analyst, Peter Major to get greater detail on the deal.
Clement is joined by Senior Executive of public Affairs and transformation Tebello Chabane and mining expert Peter Major as they discuss issues of transformation in the South African mining sector.See omnystudio.com/listener for privacy information.
The annual decline in mining output has persisted for eight months. Mining production decreased by 4,5% in September, with the largest negative contributors being iron ore and gold. Business Day TV caught up with Mining Analyst, Peter Major to discuss what's behind the decline in the sector.
By now, many of you have probably seen the viral videos showing how massive coal tipper trucks plough through bakkies, taxis and other trucks. So, why has there been such a dramatic increase in road accidents involving these behemoths? And is it too late to find a workable solution? Mining expert Peter Major shares his thoughts.
By now, many of you have probably seen the viral videos showing how massive coal tipper trucks plough through bakkies, taxis and other trucks. So, why has there been such a dramatic increase in road accidents involving these behemoths? And is it too late to find a workable solution? Mining expert Peter Major shares his thoughts.