January 1, 1970

Gold loses lustre for 3rd straight year

Gold’s image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by […]
January 1, 1970

Assore sees H1 earnings down by almost half

The iron ore and manganese producer Assore has said it expected half-year profit to fall by almost half due to softer commodity prices. Source: News
January 1, 1970

Kumba Iron Ore sees 2015 profit plunging

Kumba Iron Ore is expecting full-year earnings to plunge as much as 67% as it battled slumping prices for the steel-making ingredient. Source: News
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. […]