January 1, 1970

Randgold fights to keep gold target after mine setbacks

Randgold Resources is fighting to meet its full-year production target after operational problems at two of its African mines led to lower gold output and profit. […]
January 1, 1970

Rio Tinto profit slumps 47% on commodity rout

Rio Tinto has posted a 47% slide in first-half earnings as commodity prices stayed depressed, underscoring the challenges facing the world’s second-biggest mining firm. Source: News
January 1, 1970

Missing millions from Lonmin fund prompts community pay reform

Government plans to reform how local communities use mining royalties after a corruption probe found that R611.46m paid into by Lonmin had been exhausted. Source: News
January 1, 1970

De Beers' $250m diamond sale defies summer slowdown

De Beers’s $520m of rough-diamond sales at its most recent auction is raising hopes that the industry can avoid a slowdown in the second half of […]