January 1, 1970

Missing millions from Lonmin fund prompts community pay reform

Government plans to reform how local communities use mining royalties after a corruption probe found that R611.46m paid into by Lonmin had been exhausted. Source: News
January 1, 1970

BHP profit tumbles 81% on prices collapse

BHP Billiton’s reported full-year underlying profit has declined 81% for the worst result since 2001 after raw materials tumbled to a 25-year low in January. Source: […]
January 1, 1970

Glencore drags down mining shares

Mining shares have retreated, dragged down by a second day of losses in Glencore after the miner reported the smallest profit since its publicly traded. Source: […]
January 1, 1970

NUM to strike against job cuts at Sibanye Gold

The National Union of Mineworkers plans to march against planned retrenchments at Sibanye Gold’s loss-making Cooke 4 mine. Source: News