January 1, 1970

Mining no longer cornerstone of SA economy

Despite having been the cornerstone of SA’s economy for over 150 years, latest GDP figures show other sectors are dwarfing mining’s contribution by far. Source: News
January 1, 1970

Gold Fields soars over 20% on SA mine turnaround

Gold Fields has reported improved production and lower cash outflows at its troubled South African South Deep mine, sending shares soaring more than 20%. Source: News
January 1, 1970

Lonmin shareholders provisionally approve rights issue

Lonmin shareholders have provisionally approved the company’s proposal to raise $407m in a share issue. Source: News
January 1, 1970

Gold Fields: A last roll of the dice

A Gold Fields executive has offered a frank assessment of the company’s only remaining SA mine, describing it as a “broken” business burning through R1bn a […]