January 1, 1970

Glencore said to complete $7.7bn loan turnaround

Glencore has finalised a $7.7bn loan from almost 60 banks as the commodity trader shores up its balance sheet following a raw-materials downturn. Source: News
January 1, 1970

Sibanye targeting gold acquisition by end of 2016

Sibanye Gold wants to buy a gold-producing asset by the end of the year, adding to its acquisitions of platinum operations in its home country, says […]
January 1, 1970

Mauritania gold miners on strike

Mauritanian miners have begun an open-ended strike at a Canadian-owned gold mine over pay conditions, with unions citing the vast gap between their salaries and expats. […]
January 1, 1970

Illegal mining equipment seized in Springs

Equipment with an estimated street value of R23 000 used by illegal miners has been found near Springs, say police. Source: News