January 1, 1970

Glencore sticks to cutbacks promise

Glencore has kept a pledge to produce less metal following last year’s price rout and maintained its earnings outlook for the trading unit. Source: News
January 1, 1970

As Diamond preps bid, SA warns on 'play' for its banks

The South African Reserve Bank isn’t comfortable with private equity companies owning stakes in the country’s lenders, Deputy Governor Kuben Naidoo says. Source: News
January 1, 1970

RandGold's output declines 11% after setbacks

Randgold Resources has maintained its full-year output target as first-quarter production of the metal fell 11% after operational problems at two of its African mines. Source: […]
January 1, 1970

LILY MINE UPDATE: Workers get paid R650 each for a month's work

Mineworkers who expected to receive full salaries from Lily Mine at the end of April will now have to rely on food parcels after the company […]