Neutral on commodities in 2022, here’s why – mining guru Peter Major 

Mergence Corporate Solutions mining director Peter Major shared his insight on the broad commodity rally over the festive period. Major – who is neither bullish nor bearish on commodities in 2022 – says that despite elevated prices across the board, mining companies are trading at relatively cheap historic multiples, making him neutral on resources going into 2022. Major comments on Impala’s proposed takeover of Royal Bafokeng Platinum, with the mid-tier mining subject to a bidding war between of the JSE’s precious metals juggernauts: Impala and Northam Platinum.