January 1, 1970

Sibanye to lay off 2 000 miners – NUM

The National Union of Mineworkers said on Tuesday afternoon that 2 000 of its members from Sibanye-Stillwater’s Cooke Gold mine had received “forced retrenchments termination letters”. […]
January 1, 1970

Glencore's troubles in Congo claim its highest profile victim

Two weeks after the Paradise Papers leak brought a wave of scrutiny over Glencore’s dealings in the Democratic Republic of Congo, the company is facing another […]
January 1, 1970

Barbrook rescue plagued by fraud concerns

Creditors of Mpumalanga’s Barbrook Mine have reported business rescue practitioner Rob Devereux to the Companies and Intellectual Property Commission (CIPC), citing concerns over fraud and reckless […]
January 1, 1970

Gold Fields soars over 20% on SA mine turnaround

Gold Fields has reported improved production and lower cash outflows at its troubled South African South Deep mine, sending shares soaring more than 20%. Source: News