January 1, 1970

Weak rand, firm gold price boost Harmony profits

Harmony Gold has posted an 84% increase in production profit to R1.29bn quarter on quarter, mainly due to a 7% rise in the gold price received. […]
January 1, 1970

African resource rich countries are ‘addicts in need of rehab’

Without beneficiation, value addition and industrialisation around commodities, the minerals have hardly touched communities, says former Zim minister Tendai Biti. Source: News
January 1, 1970

New technology not to blame for recent Lily Mine cave-ins

The new technology and vibration techniques that have been used to crush large rocks at Lily Mine in Mpumalanga cannot be blamed for the recent cave-ins, […]
January 1, 1970

Anglo cut to junk for third time this week on S&P downgrade

Anglo American’s credit rating has been cut to junk by Standard & Poor’s, following similar downgrades by Moody’s Investors Service and Fitch Ratings. Source: News