January 1, 1970

Lonmin’s crucial $400m rights issue

Lonmin’s discounted $400m rights issue was under subscribed, with only about 71% of the shares on offer taken up, showing that investors are losing faith in […]
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

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

AngloGold returns to profit in fourth quarter

AngloGold Ashanti, the world’s third-largest producer of the metal, has returned to profit in the fourth quarter as costs declined. Source: News