January 1, 1970

Diamond sales by Anglo’s De Beers drop to lowest this year

De Beers, the world’s biggest diamond producer, said sales of the gems at its most recent auction fell to the lowest this year. Source: News
January 1, 1970

Miners get jobs back

Hundreds of people stand to be employed as the Lily and Barbrook mines in Mpumalanga are due to resume operating after 15 months. Source: News
January 1, 1970

New charter could cause foreign capital flight – mines analyst

The new Mining Charter could lead to the exit of foreign investors, lower dividend payments and further unemployment, warns a mining analyst. Source: News
January 1, 1970

Banks balk at risk of funding Mining Charter deals

SA’s plan to force mining companies to give the black majority a bigger stake in the mineral wealth faces a major obstacle: convincing banks to back […]