January 1, 1970

BHP profit tumbles 81% on prices collapse

BHP Billiton’s reported full-year underlying profit has declined 81% for the worst result since 2001 after raw materials tumbled to a 25-year low in January. Source: […]
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

Assore sees H1 earnings down by almost half

The iron ore and manganese producer Assore has said it expected half-year profit to fall by almost half due to softer commodity prices. Source: News
January 1, 1970

Lily Mine closed with immediate effect, says Zwane

Mineral Resources Minister Mosebenzi Zwane says after visiting Lily Mine, where miners are trapped underground, the firm has agreed to close the mine with immediate effect. […]