January 1, 1970

Amplats sees R12bn loss on write-offs

Anglo American Platinum will report a bigger-than-expected loss after reporting impairments and write-offs amounting to R14bn. Source: News
January 1, 1970

South32 flags $1.7bn writedown, massive SA job cuts

Mining giant BHP Billiton’s South32 spin-off has announced $1.7bn in asset writedowns and says it will axe hundreds of jobs in South Africa. Source: News
January 1, 1970

Red tape and power struggles: SA is losing its miners

South Africa ranks as one of the richest countries in natural resources from gold to iron ore. The problem: few companies want to deal with the […]
January 1, 1970

Lily Mine efforts still a rescue operation – Amcu

The operation to rescue three miners trapped underground at Lily Mine for 11 days is not yet a recovery mission, Amcu leader Joseph Mathunjwa says. Source: […]