January 1, 1970

Anglo leads mining slump as China turmoil batters commodities

Anglo American and Glencore have led a slump in mining stocks to the lowest in over a decade as prices tumbled on fears China woes will […]
January 1, 1970

Miners missing after Mpuma mine collapses

Three miners are unaccounted for and 30 have been rescued after the Lily Mine in Mpumalanga’s Nkomazi area collapsed. Source: News
January 1, 1970

2 100 jobs in balance as Evraz Highveld mulls closure

The business rescue team at Evraz’s distressed South African steel unit is considering closing the steelmaker’s operations, placing more than 2 100 jobs at risk. Source: […]
January 1, 1970

African Rainbow Minerals to cut jobs as profits halve

Diversified mining group African Rainbow Minerals says its profit has halved due to sharply softer commodity prices, prompting layoffs and cost cuts to stay afloat. Source: […]