January 1, 1970

Anglo rejected India billionaire’s merger plan – claim

Anglo American rebuffed informal approaches from Indian billionaire Anil Agarwal, according to people familiar with the matter. Source: News
January 1, 1970

Eskom NUM members to strike over 'apartheid-era wage gap'

The National Union of Mineworkers says Eskom’s offer of 7% is an insult to hardworking Eskom workers and will go on strike from 8 August 2016. […]
January 1, 1970

Kumba Iron Ore sees weak prices for 2-3 years

The iron-ore market will be oversupplied for two to three years, keeping prices low, as major miners bring projects on stream, according to Africa’s biggest producer. […]
January 1, 1970

Anglo American profit drops 23% on commodity rout

Anglo American, which is seeking to turnaround its business to withstand a collapse in commodity prices, said first-half profit dropped 23%. Its net debt declined to […]