January 1, 1970

NUM to fight jobs bloodbath at AngloGold

Planned retrenchments, that could see 8 500 workers lose their jobs, by AngloGold Ashanti will create ghost towns, says the National Union of Mineworkers. Source: News
January 1, 1970

Tanzania passes laws enabling renegotiation of mining deals

Tanzania has approved two laws that enable the government to renegotiate contracts with mining and energy companies as the state seeks a greater share of revenue […]
January 1, 1970

Moody's upbeat about European, Middle Eastern and African mines' cash position

A recovery in metal prices, deep cost-cutting measures and stricter financial discipline have had a positive effect the balance sheets and cash flows of high-yield miners […]
January 1, 1970

Implats confirms fatal incident at Mimosa

Impala Platinum has confirmed a fatal underground incident at the Mimosa mine in Zimbabwe, which it jointly owns together with Sibanye Resources. Source: News