January 1, 1970

DiamondCorp halts formal sale process

DiamondCorp’s board has decided to terminate the “formal sale process” with immediate effect. Source: News
January 1, 1970

35 000 jobs stand between Lonmin and its survival

To survive the slump in platinum prices, Lonmin may need to reduce production. The trouble is, it will mean fewer jobs in a country that can’t […]
January 1, 1970

Anglo shares tumble after it suspends dividends

Anglo American has dropped to a new record low after scrapping its dividend for the first time since 2009 and pledging deeper spending cuts. Source: News
January 1, 1970

Gold loses lustre for 3rd straight year

Gold’s image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by […]