January 1, 1970

Glencore mine sale to Gupta-Zuma business gets banks' support

Creditors of Glencore’s Optimum Coal mine has approved a plan to sell it to a company controlled by President Jacob Zuma’s son and the Gupta family. […]
January 1, 1970

Exxaro may cut up to 565 jobs: Solidarity

Exxaro plans to cut up to office jobs as it tries to cut costs in the face of depressed prices and the loss of a major […]
January 1, 1970

Ex-Xtrata exec loses £420 000 bonus suit

Richard Elliston, the former company secretary of Xstrata, has lost his bonus fight against Glencore International. Source: News
January 1, 1970

Commodity rout hits home as SA records output drop

South Africa’s mining production fell the most since at least 1980 after the country’s biggest gold and platinum mines halted unprofitable output. Source: News