January 1, 1970

BHP profit tumbles 81% on prices collapse

BHP Billiton’s reported full-year underlying profit has declined 81% for the worst result since 2001 after raw materials tumbled to a 25-year low in January. Source: […]
January 1, 1970

Glencore drags down mining shares

Mining shares have retreated, dragged down by a second day of losses in Glencore after the miner reported the smallest profit since its publicly traded. Source: […]
January 1, 1970

NUM to strike against job cuts at Sibanye Gold

The National Union of Mineworkers plans to march against planned retrenchments at Sibanye Gold’s loss-making Cooke 4 mine. Source: News
January 1, 1970

Big miners need a better plan for growth riddle in China

Rio Tinto Group, the world’s second-biggest miner, is no longer certain of picking the path ahead for growth in China, its biggest customer. It isn’t alone. […]