January 1, 1970

Lower prices would be best thing for gold – Randgold CEO

The head of Randgold Resources says the rebound in bullion prices this year could be doing more harm than good for the companies that produce the […]
January 1, 1970

Glencore profit slumps as metal, oil prices slide

Commodity trader and miner Glencore has reported a 69% slump in profit as prices for metals and oil tumbled amid gluts and slowing demand from China. […]
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