Karat Chat


Mining Shares Fall Under Racially Charged Ownership Rules

Lots going on right now in the world of mining- Fed meeting, GST, and a change in the ownership rules.  Although we are not involved in mining, this indirectly affects all of us in precious metals business.  While there is merit to both sides of the argument, it is certainly not helping the gold price right now.

Check it out: https://www.bloomberg.com/news/articles/2017-06-15/south-africa-raises-black-ownership-requirement-for-mines-to-30