Gold miners give the JSE a welcome kick in the pants

Business

Gold miners give the JSE a welcome kick in the pants

And little brother platinum wasn’t far behind

Lindiwe Tsobo and Lynley Donnelly

The JSE closed firmer on Thursday, with miners performing best after production figures for the sector in December surprised to the upside.

Global markets were weaker, however, as a huge number of new cases and deaths from the coronavirus, now known as Covid-19, were reported, denting investors’ hopes that the outbreak will be contained any time soon.

A weaker rand added to gains in the JSE gold and platinum indices, with higher commodity prices further boosting the two sectors...

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