January 1, 1970

Big miners need a better plan for growth riddle in China

Rio Tinto Group, the world’s second-biggest miner, is no longer certain of picking the path ahead for growth in China, its biggest customer. It isn’t alone. […]
January 1, 1970

35 000 jobs stand between Lonmin and its survival

To survive the slump in platinum prices, Lonmin may need to reduce production. The trouble is, it will mean fewer jobs in a country that can’t […]
January 1, 1970

Gold loses lustre for 3rd straight year

Gold’s image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by […]
January 1, 1970

Kumba Iron Ore sees 2015 profit plunging

Kumba Iron Ore is expecting full-year earnings to plunge as much as 67% as it battled slumping prices for the steel-making ingredient. Source: News