January 1, 1970

Lily Mine closed with immediate effect, says Zwane

Mineral Resources Minister Mosebenzi Zwane says after visiting Lily Mine, where miners are trapped underground, the firm has agreed to close the mine with immediate effect. […]
January 1, 1970

Glencore profit slumps as metal, oil prices slide

Commodity trader and miner Glencore has reported a 69% slump in profit as prices for metals and oil tumbled amid gluts and slowing demand from China. […]
January 1, 1970

Anglo American just won't sell the mines its rivals want

For Anglo American, life would have to get a whole lot worse before it considers selling its best copper mines. Source: News
January 1, 1970

Sibanye maintains production forecast, lifts output

Sibanye Gold has maintained its full-year forecasts after output rose and costs declined in the first quarter when compared with the same period in 2015. Source: […]