January 1, 1970

Anglo to exit Kumba as profits plunge

Anglo American is looking to exit its controlling stake in Kumba Iron Ore after the mining group said it will build its future around copper, platinum […]
January 1, 1970

ArcelorMittal's SA unit appoints new CEO

World’s top steel producer ArcelorMittal’s SA unit has named a new chief executive to help the loss-making company battle with cheap imports and rising costs. Source: […]
January 1, 1970

De Beers expands diamond sales

De Beers has increased diamond sales at its third offering this year in a sign of recovering demand for rough gems after a slump last year. […]
January 1, 1970

LILY MINE UPDATE: Workers get paid R650 each for a month's work

Mineworkers who expected to receive full salaries from Lily Mine at the end of April will now have to rely on food parcels after the company […]