January 1, 1970

Lonmin’s crucial $400m rights issue

Lonmin’s discounted $400m rights issue was under subscribed, with only about 71% of the shares on offer taken up, showing that investors are losing faith in […]
January 1, 1970

Glencore looks at possible IPO

Glencore, whois trying to reduce debt as commodity prices slump, says it’s studying the possibility of an initial public offering for its agricultural trading business. Source: […]
January 1, 1970

Why Anglo is forced to cut 85 000 jobs

Anglo American has announced an eye-watering package of asset sales, mine closures and job cuts and says it aims to employ 50 000 people, 85 000 […]
January 1, 1970

NUM vows to fight for Eskom coal supplier jobs

NUM says thousands of its members face a bleak future as Eskom’s decision not to renew contracts with some of its coal suppliers places their jobs […]