January 1, 1970

Lonmin continues to cut jobs and costs

Platinum producer Lonmin will continue to review its services and reduce costs, mainly through job cuts, as the slide in the price of its main commodity […]
January 1, 1970

SA mining stocks gains most in 6 weeks

South African mining stocks gained the most in six weeks as a slump in the dollar made commodities priced in the US currency more attractive to […]
January 1, 1970

PICS: Diamond the ‘size of tennis ball’ to be auctioned

A 1 100 carat diamond, the second biggest in the world, found in Botswana will be auctioned off in a secret road-show. Source: News
January 1, 1970

Fitch cuts Anglo to junk as restructure questioned

Anglo American’s credit assessment was cut to junk with a negative outlook by Fitch Ratings as the miner looks to reduce its asset base and trim […]