January 1, 1970

Lonmin down over 30% as investors flee before rights issue

Lonmin has dived to a record low for a second day as investors fled after the platinum producer said it would sell billions of shares at […]
January 1, 1970

Barbrook rescue plagued by fraud concerns

Creditors of Mpumalanga’s Barbrook Mine have reported business rescue practitioner Rob Devereux to the Companies and Intellectual Property Commission (CIPC), citing concerns over fraud and reckless […]
January 1, 1970

35 000 jobs stand between Lonmin and its survival

To survive the slump in platinum prices, Lonmin may need to reduce production. The trouble is, it will mean fewer jobs in a country that can’t […]
January 1, 1970

AngloGold posts loss on metal price slump

AngloGold Ashanti, the world’s third-largest miner of the metal, has reported a quarterly loss after the metal’s price dropped and production declined. Source: New feed