January 1, 1970

Kumba Iron Ore to appeal R5.5bn tax ruling

Kumba Iron Ore, majority owned by Anglo American, is set to appeal a tax ruling by the South African Revenue Service saying it owes R5.5bn. Source: […]
January 1, 1970

Glencore’s vanishing profits send it back to trading roots

Glencore’s billionaire chief executive officer Ivan Glasenberg is having to trade his way out of a hole with profits from his mining division evaporating. Source: News
January 1, 1970

Zimplats slashes capex spend, freezes new labour

Low platinum prices and a loss for the six months end-December 31 have forced Impala Platinum-owned Zimplats to cut capital expenditure by 54%. Source: News
January 1, 1970

Sustainable Optimum important for Gupta company

The future sustainability of the Optimum Coal Mine is very important for Oakbay Investments, the holding company for the Gupta family’s businesses. Source: News