The embedded derivative in BNOR 15 is now derecognized and the value of the agreed buyback is fully reflected in the balance sheet. The net impact of these two items is a $9,000,000 expense.

Eskom, Nersa and the Ministry of Energy & Electricity must explain why energy-intensive smelters deserve these deals – and why other commercial, industrial, manufacturing and mining customers ...

Ever wonder how much money there is in the world? The answer is complicated, which you might expect -- but it has nothing to do with tallying up all the numbers. Rather, it’s more about what ...

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