The market cap of a company is the number of shares outstanding times the current share price The Top 40 index is a fair reflection of what happens to the South African stock market as a whole because even though it contains only 40 out of the roughly 400 shares listed on the JSE it represents over 80 of the total market cap of all JSE listed companies
During the past four years major gold miners have massively reduced their hedge books which commit them to sell at a fixed price that may be lower than the market as bullion prices rose to their highest in more than 16 years close to 460
High grade materials can be acquired a few pounds at a time The ultimate value of the product determines the tradeoff between factors The typical margin between prices paid by a dealer and price received by the dealer is 10 per ton for heavy melting steel but the margin applicable to No I copper wire may be 230 per ton
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He helped to found the Institute of Mining Engineers in 1852 and was a member of its council 18527 vicepresident 18658 and president 18689 He was in the forefront of experiments in mining technology and an advocate of improved safety lamps shaft detaching hooks
The nine speculative units will be constructed in two blocks the first consisting of five warehouses with a total floor area of about 40007 sq ft The second block has four units with a total floor area of 15000
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