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 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

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

Zwane: Mining declaration saves 16 000 jobs

Mines Minister Mosebenzi Zwane says the declaration signed by government, mining companies and labour unions has put 16 000 potential job losses on ice. Source: News