January 1, 1970

Rio Tinto boss shelves giant iron ore project – report

Rio Tinto has shelved its $20bn Simandou iron ore project in Guinea because of a sustained slump in prices, says chief executive Jean-Sebastien Jacques. Source: News
January 1, 1970

NUM vows to fight for Eskom coal supplier jobs

NUM says thousands of its members face a bleak future as Eskom’s decision not to renew contracts with some of its coal suppliers places their jobs […]
January 1, 1970

Rand plunge pushes platinum lower – Sibanye boss

The collapse in the currency of the world’s largest platinum producer is dragging down the metal’s price with it, says Sibanye Gold CEO Neal Froneman. Source: […]
January 1, 1970

Aquarius holders nod Sibanye deal as revenue dips 31%

Shareholders in Aquarius Platinum have voted in favour of an aquisition bid by Sibanye Gold worth about $294m, says Aquarius chief executive officer. Source: News