Thoughts on Thungela Resources
August 21, 2023
Herewith some thoughts on Thungela Resources (Ticker TGA.LN), the South African thermal coal exporter which just announced interim earnings.
Tag: TGA.L
Coal News & Price Data – August 21, 2023 – Thungela’s Profits Fall
August 21, 2023
Thungela Resources reported a 69% drop in profits during the first half of the year due to lower coal prices and logistical challenges.
South African Transnet Strike
October 12, 2022
South African Transnet Strike at South Africa’s port and freight rail operator Transnet began on October 6 and is set to worsen.
Thungela Shrugs off Lower Guidance
August 15, 2022
Despite lowering guidance due to rail network issues, Thungela’s (TGA.LN) shares rose due to hefty dividend.