South Africa’s new wave of strikes could ruin the economy: President
He added that wildcat strikes, particularly in the platinum and gold sectors in recent months, have cost South Africa dearly.
Latest Stories
Vedanta raises $1.7bn, India’s largest ever offshore bond sale
This is a landmark transaction for Vedanta, which is joining domestic peers in catching the flood of US dollars being unleashed by central banks.
Rio Tinto starts off downsizing at its Utah mine
It cut nearly 100 jobs at its Kennecott Utah copper mine and warned further positions will be slashed later this month.
Russia’s EuroChem to start production at two potash mines in 2017
In the long term, company expects potash demand to resume.
Gold price up $24, hits one-week high
"The stock market is starting to deal with how they handle things if the training wheels are taken off."
BHP expansion of Jansen potash project uncertain
Company plans to decrease overall capex by $19 billion from 2014 onwards.
Lucara sells 239 carat rough diamond for $5.75m
The whole tender of 15 gems sold for $24.85 million.
Platinum and palladium: A fundamental shift
A look at global supply against auto-industry demand for both metals.
