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

EDC unveils R200m quarry aggregate mine in Indwe

The Eastern Cape Development Corporation has spent some R736 000 prepping up for operations a R200m quarry aggregate mine in Indwe, just outside Queenstown. Source: News
January 1, 1970

Peru declares mercury poison emergency

Peru has declared an environmental emergency in 11 Amazon jungle districts where mercury pollution blamed on unregulated gold mining is poisoning people and fish. Source: News
January 1, 1970

De Beers sells R9.87bn of diamonds at auction

De Beers has completed a fourth offering of rough diamonds this year, signaling a stronger-than-expected demand during what is usually a weaker quarter. Source: News