January 1, 1970

Zwane: 'under-mapped' Africa needs more, better mineral surveys

The Mines Minister also said that multi-national companies were continuing to ‘grossly exploit’ Africa via tax avoidance schemes. Source: News
January 1, 1970

Royal Bafokeng delays upgrade of mine

Royal Bafokeng Platinum is to delay the upgrade of its mine by a year as commodity prices sink to record lows. Source: News
January 1, 1970

Lonmin’s crucial $400m rights issue

Lonmin’s discounted $400m rights issue was under subscribed, with only about 71% of the shares on offer taken up, showing that investors are losing faith in […]
January 1, 1970

De Beers: Kimberley Mines sale won't result in lay-offs

De Beers Consolidated Mines has held numerous meetings with NUM about Kimberley Mines and no retrenchments will result from the mine’s disposal, says the company. Source: […]