Marc Hasenfuss
Editor at Large at Financial Mail
Financial journo, vinyl junkie and in constant pursuit of the perfect drop-shot
Articles
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1 week ago |
businesslive.co.za | Marc Hasenfuss
At the time of writing, the gold price was ascending again, up more than 5% to $3,381. This price scurry was well timed for Gold Fields — which confirmed it would be taking out Australia-based Gold Road Resources in a premium-priced deal valued at about R44bn. It’s a sizeable transaction, representing about 12% of Gold Fields’ market value on the JSE.
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1 week ago |
businesslive.co.za | Marc Hasenfuss
Losing nearly a quarter of the stated NAV in just 12 months is pretty startling. The pain stems mainly from Astoria’s 25% interest in diamond ventures Trans Hex Group as well as Trans Hex Marine Group and TIS Management Holdings. Astoria noted that diamond prices continue to experience downward pressure, most notably on the stone sizes Trans Hex Marine mines.
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3 weeks ago |
businesslive.co.za | Marc Hasenfuss
The Pretoria tech bro with a son called X Æ A-12 and a yearning to live on Mars would be a perfect fit with the planet K2-18b
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3 weeks ago |
businesslive.co.za | Marc Hasenfuss
Maybe in the not-too-distant future my grandchildren will ask: “What did you do in the Trump trade war, Grandpa?” Well, I certainly won’t be able to claim I was awarded a gold medal for bravery in backing bullion to the hilt, persistently refusing to advance further after initial gains. Taking cover in well-fortified Reinet and Wheaton Precious Metals is not what Sgt Rock would do … Yup, you have to get through the (many) skirmishes.
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4 weeks ago |
businesslive.co.za | Marc Hasenfuss
It was not until late Saturday night that I finally saw the value in AI. After some diabolical cat-and-mouse tactics during the Fish Hoek Tennis Club championship, a boisterous spectator shouted in Afrikaans: “Marc … jou satan!” — which roughly translates as “Marc ... you devious devil!” One of the younger set decided to make something of that outrageous comment — and the action figure adorning this column is AI-generated. It took no more than a few minutes.
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