January 1, 1970

Why Anglo is forced to cut 85 000 jobs

Anglo American has announced an eye-watering package of asset sales, mine closures and job cuts and says it aims to employ 50 000 people, 85 000 […]
January 1, 1970

NUM takes De Beers on over Kimberley Mines

Union NUM plans to protest against De Beers Consolidated Mines’ decision to sell its Kimberley Mines, which it says could see the fate of 600 employees […]
January 1, 1970

BHP may need $10bn stock sale – analyst

BHP Billiton needs to raise as much as $10bn in a sale of new stock to its investors if it wants to keep its credit rating, […]
January 1, 1970

Kumba sees FY profit down as supply glut persists

Kumba Iron Ore has said it expects full-year earnings to plunge as much as 67% as it battled to cope with slumping prices of the steel-making […]