| Harmony Gold Mining says its growth strategy of the past five years has put it in a different league, repositioned it as an emerging mining specialist rather than a marginal gold producer. It reinstated dividends when it released its first-half results yesterday, which show a rise in production thanks to last year's acquisition of AngloGold Ashanti's remaining SA gold assets as well as a higher gold price. Kumba Iron Ore also benefitted from higher prices for its metal, making up for a dip in production due to the impact of Covid-19. It too declared a handsome dividend. As Share360 continues its focus on the mining sector, Rand Swiss wealth manager Viv Govender looks at the role China has played in the mining and commodity price boom of the last couple of decades. And portfolio manager and director Gary Booysen pits mining stocks against exchange-traded funds. Which should you buy? Also today, results from automotive group Motus, Imperial Logistics and food services group Bidcorp. And African Rainbow Capital has found new investors for TymeBank as it grows its operations in SA and looks further afield. Finally, Today's Trustee editorial director Allan Greenblo looks at how retirement funds are preparing to resist pressure from trade unions when it comes to prescribed assets. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
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The latest from Ingham Analytics Iron ore 62% Fe fines hit $175/t yesterday which bodes well for BHP and Rio Tinto. In"Dividend delight"Ingham Analytics gave context to the interim result of BHP and they raised their dividend forecast for the full year, although not their earnings forecast. Royal Caribbean reported Q4 results - revenue down 99% and a thumping loss which is why"Carnival or just a Bloody Circus?"is timely as it is the big rival in cruising. | 