January 1, 1970

Glencore said to complete $7.7bn loan turnaround

Glencore has finalised a $7.7bn loan from almost 60 banks as the commodity trader shores up its balance sheet following a raw-materials downturn. Source: News
January 1, 1970

Zim platinum miners seek lower royalty fees

Zimbabwe should reduce the royalty fee on platinum producers from 10% to help mining firms offset the impact of low prices, says the country’s mining chamber. […]
January 1, 1970

Gold Fields costs below forecasts on dollar boost

Gold Fields says 2015 costs have probably dipped below previous forecasts as the bullion producer was helped by the strengthening of the US dollar. Source: News
January 1, 1970

Hope renewed as trapped miners communicate

There is renewed hope for the three people trapped in a collapsed mine in Mpumalanga after they communicated with rescuers. They have been trapped for five […]