January 1, 1970

Kumba to cut jobs, downsize flagship mine

Kumba Iron Ore has said it would scale back operations, cut costs and planned to reduce jobs at its Sishen mine, sending its shares 5% higher. […]
January 1, 1970

Lonmin will not shy away from merger or takeover: CEO

Platinum producer Lonmin will not “shy away” from any merger or takeover but for now the company is focused on its plan to survive tough market […]
January 1, 1970

Glencore’s vanishing profits send it back to trading roots

Glencore’s billionaire chief executive officer Ivan Glasenberg is having to trade his way out of a hole with profits from his mining division evaporating. Source: News
January 1, 1970

WATCH: Journo describes attack by 'Bazooka' funeral mob

Two journalists from The Citizen and two anti-mining activists were beaten at the funeral of slain anti-mining activist Sikhosiphi “Bazooka” Rhadebe in the Eastern Cape on […]